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Consolidated Statements of Comprehensive Income - 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 $ 18,601 $ 24,313 $ 62,222 $ 70,375
Securities available for sale and transferred securities:        
Net unrealized holding gain (loss) arising during the period 42,227 (32,357) 33,974 (23,355)
Reclassification adjustment for net (gain) loss included in net income (221) 7,173 182 7,029
Change in the net unrealized gain (loss) on available for sale investment securities, before tax 42,006 (25,184) 34,156 (16,326)
Net loss realized as a yield adjustment in interest on transferred investment securities (2) (3) (8) (8)
Change in the net unrealized gain (loss) on investment securities, before tax 42,004 (25,187) 34,148 (16,334)
Income tax expense (benefit) related to net unrealized gain (loss) arising during the period 8,821 (5,289) 7,171 (3,430)
Change in the net unrealized gain (loss) on investment securities, net of tax 33,183 (19,898) 26,977 (12,904)
Cash flow hedges:        
Net unrealized (loss) gain arising during the period (198) 167 77 1,078
Reclassification adjustment for net gain included in net income (111) (106) (329) (1,014)
Change in the net unrealized (loss) gain on cash flow hedges, before tax (309) 61 (252) 64
Income tax (benefit) expense related to net unrealized gain (loss) on cash flow hedges (65) 13 (53) 14
Change in net unrealized net (loss) gain on cash flow hedges, net of tax (244) 48 (199) 50
Other comprehensive income (loss), net of tax 32,939 (19,850) 26,778 (12,854)
Comprehensive income $ 51,540 $ 4,463 $ 89,000 $ 57,521