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Consolidated Statements of Comprehensive Income (Loss) - 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 $ 24,740 $ 47,247 $ 104,374 $ 151,150
OTHER COMPREHENSIVE INCOME (LOSS)        
Unrealized holding gains (losses) arising during the period on available-for-sale securities 97,187 (131,603) 71,400 (96,104)
Less: Reclassification adjustment for realized losses included in net income (28,393) 0 (28,393) (391)
Less: Realized gains (losses) on available-for-sale securities interest rate hedges 37,558 (24,657) 24,975 (39,618)
Less: Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity (6,231) (6,233) (17,938) (19,786)
Other comprehensive income (loss), before tax effect 94,253 (100,713) 92,756 (36,309)
Less: Tax effect of other comprehensive income (loss) 24,633 (26,321) 24,242 (9,489)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) 69,620 (74,392) 68,514 (26,820)
COMPREHENSIVE INCOME (LOSS) $ 94,360 $ (27,145) $ 172,888 $ 124,330