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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (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 $ 39,742 $ 49,416 $ 91,449 $ 102,192
Changes in available for sale ("AFS") securities:        
Net change in unrealized loss on securities 5,755 (43,558) (8,874) 22,609
Reclassification adjustment for net losses on hedged AFS securities 8,398 29,510 28,549 29,510
Reclassification adjustment for net losses realized in net income 10,556 325 10,556 1,429
Income tax benefit (expense) (5,881) 3,366 (7,253) (14,555)
Other comprehensive income (loss) on AFS securities 18,828 (10,357) 22,978 38,993
Changes in securities held to maturity:        
Net amortization of unrealized losses on securities transferred from AFS 2,550 2,768 5,393 5,508
Income tax expense (418) (693) (1,123) (1,753)
Other comprehensive income on held to maturity securities 2,132 2,075 4,270 3,755
Change in cash flow hedges:        
Net change in unrealized gain on derivatives 0 0 0 1,952
Reclassification adjustment for net (gains) losses on derivatives realized in net income (245) (63) (210) 701
Income tax benefit (expense) 60 24 61 (635)
Other comprehensive income (loss) on cash flow hedges (185) (39) (149) 2,018
Other comprehensive income (loss) 20,775 (8,321) 27,099 44,766
TOTAL COMPREHENSIVE INCOME $ 60,517 $ 41,095 $ 118,548 $ 146,958