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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Statement of Comprehensive Income [Abstract]          
Net earnings (loss) $ 69,629 [1] $ 28,385 $ 8,784 [1] $ 151,582 [1] $ 69,969 [1]
Other comprehensive income, net of tax:          
available-for-sale arising during the period 25,836 8,247 83,902 72,553 66,423
holding gains arising during the period (7,124) (2,351) (23,810) (20,427) (18,850)
available-for-sale, net of tax 18,712 5,896 60,092 52,126 47,573
Amortization of unrealized net loss on securities transferred from available-for-sale to held-to-maturity 8,646 8,344 8,226 25,332 24,442
Income tax expense related to amortization of unrealized net loss on securities transferred from available-for-sale to held-to-maturity (2,384) (2,353) (2,354) (7,115) (6,956)
Amortization of unrealized net loss on securities transferred from available-for-sale to held-to-maturity, net of tax 6,262 5,991 5,872 18,217 17,486
Change in fair value of credit-linked notes 1,361 (517) (1,495) 990 (2,110)
value of credit-linked notes (375) 180 424 (237) 630
net of tax 986 (337) (1,071) 753 (1,480)
during the period 331 (1,952) (10,216) (4,594) (3,508)
Income tax (expense) benefit related to unrealized gain (loss) on cash flow hedges arising during the period (91) 505 2,899 1,261 960
net of tax 240 (1,447) (7,317) (3,333) (2,548)
Other comprehensive income, net of tax 26,200 10,103 100,511 67,763 103,966
Comprehensive income 95,829 38,488 109,295 219,345 173,935
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, before Tax 0 0 59,946 0 59,946
Income tax benefit related to reclassification adjustment 0 0 (17,011) 0 (17,011)
in net earnings, net of tax $ 0 $ 0 $ 42,935 $ 0 $ 42,935
[1] Segment earnings is the same as net earnings reported on the condensed consolidated statements of earnings.