XML 13 R3.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net Income $ 31,414 $ 29,237 $ 74,490 $ 82,580
Other comprehensive income (loss):        
Unrealized losses on available-for-sale securities, net of tax benefit of $8.1 million and $9.3 million for the three and nine months ended September 30, 2023, respectively, and net of tax benefit of $20.3 million and $56.8 million for the three and nine months ended September 30, 2022, respectively (26,065) (63,736) (29,764) (180,221)
Amortization of unrealized (gains) losses on securities transferred to held-to-maturity, net of tax benefit of $3 thousand and $10 thousand for the three and nine months ended September 30, 2023, respectively, and net of tax benefit of $3 thousand and $4 thousand for the three and nine months ended September 30, 2022, respectively (11) (11) (32) (9)
Reclassification adjustment for gains included in net income, net of tax expense of $1 thousand for the nine months ended September 30, 2023 0 0 (4) 0
Unrealized gains on derivatives designated as fair value hedges, net of reclassifications to income, net of tax expense of $0.2 million and $1.8 million for the three and nine months ended September 30, 2023, respectively 504 0 5,236 0
Unrealized gains (losses) on derivatives designated as cash flow hedges, net of reclassifications to income, net of tax expense of $43 thousand and $114 thousand for the three and nine months ended September 30, 2023, respectively, and net of tax expense of $22 thousand and $3 thousand for the three and nine months ended September 30, 2022, respectively 125 65 326 10
Total other comprehensive income (loss) (25,447) (63,682) (24,238) (180,220)
Comprehensive Income (Loss) $ 5,967 $ (34,445) $ 50,252 $ (97,640)