XML 16 R5.htm IDEA: XBRL DOCUMENT v3.23.1
UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]    
Net income $ 23,547 $ 17,058
Other comprehensive income    
Unrealized holding gains/(losses) on available-for-sale securities 2,362 (15,865)
Reclassification adjustment for losses on available-for-sale securities 5,685 0
Amortization of unrealized loss on securities transferred to held-to-maturity (30) (77)
Net unrealized holding gains/(losses) on available-for-sale securities 8,017 (15,942)
Income tax (expense)/benefit (2,379) 4,713
Other comprehensive income/(loss), net of tax 5,638 (11,229)
Total comprehensive income $ 29,185 $ 5,829