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Condensed Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net income (loss) $ 9,026 $ (4,828) $ 28,020 $ 12,411
Other comprehensive (loss) income, net of tax:        
Unrealized losses on securities available for sale arising during the period (14,448) (17,283) (8,510) (60,242)
Reclassification adjustment for losses realized in net income 0 0 0 149
Net unrealized losses on securities available for sale (14,448) (17,283) (8,510) (60,093)
Tax effect 3,179 3,629 1,872 12,620
Total other comprehensive loss, net of tax and reclassification adjustments on securities available for sale (11,269) (13,654) (6,638) (47,473)
Unrealized gains (loss) on interest rate swaps used in cash flow hedges 1,439 (562) 2,831 (562)
Reclassification adjustment for losses realized in net income 0 0 0 0
Net unrealized gains (loss) on interest rate swaps used in cash flow hedges 1,439 (562) 2,831 (562)
Tax effect (317) 118 (623) 118
Total other comprehensive income (loss), net of tax and reclassification adjustments on interest rate swaps used in cash flow hedges 1,122 (444) 2,208 (444)
Total other comprehensive loss, net of tax and reclassification adjustments (10,147) (14,098) (4,430) (47,917)
Total comprehensive (loss) income $ (1,121) $ (18,926) $ 23,590 $ (35,506)