Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Income (Unaudited)

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Consolidated Statements of Comprehensive Income (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 $ 14,892 $ 18,796 $ 44,506 $ 61,408
Unrealized gain (loss):        
Unrealized holding gain (loss) on available for sale securities 29,090 (20,820) 22,715 (16,943)
Unrealized gain (loss) on cash flow hedges 2,427   (526)  
Unrealized gain (loss) 31,517 (20,820) 22,189 (16,943)
Income tax benefit (expense) related to other comprehensive income items (9,130) 6,037 (6,198) 5,187
Other comprehensive income (loss), net of tax 22,387 (14,783) 15,991 (11,756)
Reclassification adjustment for losses included in net income 673   1,133 1,871
Income tax benefit related to reclassification adjustment (200)   (336) (552)
Reclassification adjustment for (gains) losses included in net income, net of tax 473   797 1,319
Other comprehensive income (loss), net of tax 22,860 (14,783) 16,788 (10,437)
Total comprehensive income $ 37,752 $ 4,013 $ 61,294 $ 50,971