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CONDENSED 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 $ 22,807 $ 24,745 $ 43,179 $ 75,998
Investments available-for-sale:        
Net change in unrealized gains/ (losses) on investments available-for-sale 719 (13,609) (6,984) 7,175
Related income tax (expense)/ benefit (182) 3,466 1,772 (1,828)
Net investment gains reclassified into earnings 0 0 0 0
Related income tax expense 0 0 0 0
Net effect on other comprehensive income/ (loss) 537 (10,143) (5,212) 5,347
Investments held-to-maturity:        
Amortization of unrealized loss transferred from investments available-for-sale 365 458 736 863
Related income tax benefit (93) (117) (187) (220)
Net effect on other comprehensive income/ (loss) 272 341 549 643
Defined benefit pension plan:        
Amortization of net loss 0 226 0 451
Related income tax benefit 0 (58) 0 (115)
Net effect on other comprehensive income/ (loss) 0 168 0 336
Total other comprehensive income/ (loss) 809 (9,634) (4,663) 6,326
Comprehensive income $ 23,616 $ 15,111 $ 38,516 $ 82,324