| Schedule of Accumulated Other Comprehensive Income (Loss) |
The following table provides the change in AOCI by component: | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | Cash Flow Hedges | | Available-for-Sale Securities | | Held-to-Maturity Securities | | Total | | Three Months Ended September 30, 2024 | | | | | | | | | Beginning balance | $ | (45,215) | | | $ | (283,559) | | | $ | (38,958) | | | $ | (367,732) | | | Change in unrealized gain/(loss) | 18,849 | | | 91,000 | | | — | | | 109,849 | | | Amounts reclassified into net income | 18,251 | | | 179,581 | | | 1,767 | | | 199,599 | | | Total other comprehensive income/(loss) | 37,100 | | | 270,581 | | | 1,767 | | | 309,448 | | | Income tax expense/(benefit) | 8,377 | | | 61,097 | | | 399 | | | 69,873 | | | Total other comprehensive income/(loss), net of tax | 28,723 | | | 209,484 | | | 1,368 | | | 239,575 | | | Ending balance | $ | (16,492) | | | $ | (74,075) | | | $ | (37,590) | | | $ | (128,157) | | | Three Months Ended September 30, 2023 | | | | | | | | | Beginning balance | $ | (81,785) | | | $ | (313,196) | | | $ | (45,327) | | | $ | (440,308) | | | Change in unrealized gain/(loss) | (20,572) | | | (81,758) | | | — | | | (102,330) | | | Amounts reclassified into net income | 17,378 | | | — | | | 1,907 | | | 19,285 | | | Total other comprehensive income/(loss) | (3,194) | | | (81,758) | | | 1,907 | | | (83,045) | | | Income tax expense/(benefit) | (671) | | | (17,170) | | | 400 | | | (17,441) | | | Total other comprehensive income/(loss), net of tax | (2,523) | | | (64,588) | | | 1,507 | | | (65,604) | | | Ending balance | $ | (84,308) | | | $ | (377,784) | | | $ | (43,820) | | | $ | (505,912) | | | | | | | | | | | Nine Months Ended September 30, 2024 | | | | | | | | | Beginning balance | $ | (45,749) | | | $ | (273,806) | | | $ | (42,449) | | | $ | (362,004) | | | Change in unrealized gain/(loss) | (17,762) | | | 71,329 | | | — | | | 53,567 | | | Amounts reclassified into net income | 54,371 | | | 179,581 | | | 5,180 | | | 239,132 | | | Total other comprehensive income/(loss) | 36,609 | | | 250,910 | | | 5,180 | | | 292,699 | | | Income tax expense/(benefit) | 7,352 | | | 51,179 | | | 321 | | | 58,852 | | | Total other comprehensive income/(loss), net of tax | 29,257 | | | 199,731 | | | 4,859 | | | 233,847 | | | Ending balance | $ | (16,492) | | | $ | (74,075) | | | $ | (37,590) | | | $ | (128,157) | | | Nine Months Ended September 30, 2023 | | | | | | | | | Beginning balance | $ | (66,394) | | | $ | (304,309) | | | $ | (48,240) | | | $ | (418,943) | | | Change in unrealized gain/(loss) | (66,101) | | | (92,518) | | | — | | | (158,619) | | | Amounts reclassified into net income | 43,426 | | | (489) | | | 5,594 | | | 48,531 | | | Total other comprehensive income/(loss) | (22,675) | | | (93,007) | | | 5,594 | | | (110,088) | | | Income tax expense/(benefit) | (4,761) | | | (19,532) | | | 1,174 | | | (23,119) | | | Total other comprehensive income/(loss), net of tax | (17,914) | | | (73,475) | | | 4,420 | | | (86,969) | | | Ending balance | $ | (84,308) | | | $ | (377,784) | | | $ | (43,820) | | | $ | (505,912) | |
|