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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/ (LOSS) - UNAUDITED - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net income $ 16,209 $ 20,746 $ 59,388 $ 96,744
Investments available-for-sale:        
Net change in unrealized gains/ (losses) on investments available-for-sale 34,416 (23,730) 27,432 (16,555)
Related income tax (expense)/ benefit (8,634) 5,873 (6,862) 4,045
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) 25,782 (17,857) 20,570 (12,510)
Investments held-to-maturity:        
Amortization of unrealized loss transferred from investments available-for-sale 401 451 1,137 1,314
Related income tax benefit (90) (127) (277) (347)
Net effect on other comprehensive income/ (loss) 311 324 860 967
Defined benefit pension plan:        
Amortization of net loss 0 10,286 0 10,737
Related income tax benefit 0 (2,620) 0 (2,735)
Net effect on other comprehensive income/ (loss) 0 7,666 0 8,002
Total other comprehensive income/ (loss) 26,093 (9,867) 21,430 (3,541)
Comprehensive income $ 42,302 $ 10,879 $ 80,818 $ 93,203