| Shareholders' Equity |
STOCKHOLDERS’ EQUITY Stockholders’ Equity Accumulated Other Comprehensive Income (Loss)
The following table presents the changes in accumulated other comprehensive income (loss) after-tax by component: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended | | ($ in thousands) | Net Unrealized Loss on Available-for-Sale Securities | | Unamortized Gain on Held-to-Maturity Securities | | Net Unrealized Gain (Loss) on Cash Flow Hedges | | Total | Balance, December 31, 2025 | $ | (62,006) | | | $ | 5,641 | | | $ | 1,778 | | | $ | (54,587) | | | Net change | (25,081) | | | (593) | | | (1,321) | | | (26,995) | | | | | | | | | | Balance, March 31, 2026 | $ | (87,087) | | | $ | 5,048 | | | $ | 457 | | | $ | (81,582) | | | | | | | | | | Balance, December 31, 2024 | $ | (122,132) | | | $ | 8,088 | | | $ | (2,674) | | | $ | (116,718) | | | Net change | 12,805 | | | (612) | | | 3,134 | | | 15,327 | | | | | | | | | | Balance, March 31, 2025 | $ | (109,327) | | | $ | 7,476 | | | $ | 460 | | | $ | (101,391) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The following table presents the pre-tax and after-tax changes in the components of other comprehensive income (loss): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended March 31, | | 2026 | | 2025 | | ($ in thousands) | Pre-tax | | Tax effect | | After-tax | | Pre-tax | | Tax effect | | After-tax | | Change in unrealized gain on available-for-sale securities | $ | (33,486) | | | $ | (8,405) | | | $ | (25,081) | | | $ | 17,134 | | | $ | 4,249 | | | $ | 12,885 | | Reclassification of gain on sale of available-for-sale securities(a) | — | | | — | | | — | | | (106) | | | (26) | | | (80) | | Reclassification of gain on held-to-maturity securities(a) | (791) | | | (198) | | | (593) | | | (814) | | | (202) | | | (612) | | | Change in unrealized gain (loss) on cash flow hedges | (1,750) | | | (439) | | | (1,311) | | | 3,980 | | | 987 | | | 2,993 | | Reclassification of loss on cash flow hedges(b) | (13) | | | (3) | | | (10) | | | 188 | | | 47 | | | 141 | | | Total other comprehensive gain (loss) | $ | (36,040) | | | $ | (9,045) | | | $ | (26,995) | | | $ | 20,382 | | | $ | 5,055 | | | $ | 15,327 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (a)The pre-tax amount is reported in noninterest income/expense in the Consolidated Statements of Income. | (b)The pre-tax amount is reported in interest income/expense in the Consolidated Statements of Income. |
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