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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net Income $ 30,244 $ 31,249 $ 56,250 $ 43,076
Other comprehensive income (loss):        
Unrealized losses on available-for-sale securities, net of tax benefit of $1.2 million and $3.7 million for the three and six months ended June 30, 2024, respectively, and net of tax benefit of $7.1 million and $1.2 million for the three and six months ended June 30, 2023, respectively (3,579) (22,215) (11,495) (3,699)
Amortization of unrealized gains on securities transferred to held-to-maturity, net of tax benefit of $4 thousand and $7 thousand for the three and six months ended June 30, 2024, respectively, and net of tax benefit of $3 thousand and $6 thousand for the three and six months ended June 30, 2023, respectively (10) (11) (21) (21)
Reclassification adjustment for losses (gains) included in net income, net of tax benefit of $1.0 million and tax expense of $1 thousand for the six months ended June 30, 2024 and June 30, 2023, respectively 0 0 2,806 (4)
Unrealized (losses) gains on derivatives designated as fair value hedges, net of reclassifications to income, net of tax benefit of $0.2 million and tax expense of $0.2 million for the three and six months ended June 30, 2024, respectively, and net of tax expense of $1.6 million for the three and six months ended June 30, 2023, respectively (465) 4,732 578 4,732
Unrealized gains on derivatives designated as cash flow hedges, net of reclassifications to income, net of tax expense of $38 thousand and $71 thousand for the three and six months ended June 30, 2023, respectively 0 103 0 201
Total other comprehensive (loss) income (4,054) (17,391) (8,132) 1,209
Comprehensive Income $ 26,190 $ 13,858 $ 48,118 $ 44,285