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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Consolidated Statements of Comprehensive Income (Unaudited)        
Net income $ 26,135 $ 32,557 $ 57,526 $ 72,840
Securities available-for-sale:        
Net unrealized (losses) gains arising during the period, net of tax benefit of $230 and $2,597 for the three months ended June 30, 2024 and 2023, respectively; and net of tax benefit (expense) of $1,215 and ($135) for the six months ended June 30, 2024 and 2023, respectively (278) (8,513) (3,368) 442
Less: amortization of net unrealized holding gains to income, net of tax benefit of $7 and $14 for the three months ended June 30, 2024 and 2023, respectively; and net of tax benefit of $15 and $29 for the six months ended June 30, 2024 and 2023, respectively (20) (45) (45) (96)
Cash flow hedges:        
Net unrealized gains (losses) arising during the period, net of tax (expense) benefit of ($24) and $468 for the three months ended June 30, 2024 and 2023, respectively; and net of tax benefit of $48 and $355 for the six months ended June 30, 2024 and 2023, respectively 80 (1,537) (110) (1,173)
Less: reclassification adjustment for losses (gains) included in net income, net of tax benefit of $1 and $32 for the three months ended June 30, 2024 and 2023, respectively; and net of tax (expense) benefit of ($151) and $124 for the six months ended June 30, 2024 and 2023, respectively 2 108 (501) 417
Other comprehensive loss (216) (9,987) (4,024) (410)
Comprehensive income $ 25,919 $ 22,570 $ 53,502 $ 72,430