XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.3
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
Consolidated Statements of Comprehensive Income (Unaudited)        
Net income $ 33,105 $ 36,087 $ 90,631 $ 108,927
Securities available-for-sale:        
Net unrealized gains (losses) arising during the period, net of tax (expense) benefit of ($5,847) and $3,418 for the three months ended September 30, 2024 and 2023, respectively; and net of tax (expense) benefit of ($4,632) and $3,283 for the nine months ended September 30, 2024 and 2023, respectively 16,779 (11,718) 13,411 (11,276)
Less: amortization of net unrealized holding gains to income, net of tax benefit of $5 and $11 for the three months ended September 30, 2024 and 2023, respectively; and net of tax benefit of $20 and $40 for the nine months ended September 30, 2024 and 2023, respectively (16) (39) (61) (135)
Cash flow hedges:        
Net unrealized gains (losses) arising during the period, net of tax (expense) benefit of ($376) and $169 for the three months ended September 30, 2024 and 2023, respectively; and net of tax (expense) benefit of ($209) and $618 for the nine months ended September 30, 2024 and 2023, respectively 1,150 (550) 645 (2,032)
Less: reclassification adjustment for losses (gains) included in net income, net of tax benefit of $8 and $22 for the three months ended September 30, 2024 and 2023, respectively; and net of tax (expense) benefit of ($24) and $241 for the nine months ended September 30, 2024 and 2023, respectively 27 68 (79) 794
Other comprehensive income (loss) 17,940 (12,239) 13,916 (12,649)
Comprehensive income $ 51,045 $ 23,848 $ 104,547 $ 96,278