Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2020 |
Jun. 30, 2019 |
Jun. 30, 2020 |
Jun. 30, 2019 |
|
Net income | $ 40,448 | $ 35,633 | $ 75,226 | $ 70,643 |
Unrealized net holding gains arising during period from securities available for sale, net of tax of $309 and $3,419 for the three and six months ended June 30, 2020, respectively, and net of tax of $1,448 and $2,408 for the three and six months ended June 30, 2019, respectively | 1,163 | 5,282 | 12,862 | 9,054 |
Reclassification adjustment for net loss on sale of securities, net of tax of $(1) for 2019 | 0 | 5 | 0 | 5 |
Other comprehensive income (loss), net of tax | 1,163 | 5,287 | 12,862 | 9,059 |
Comprehensive income | $ 41,611 | $ 40,920 | $ 88,088 | $ 79,702 |
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after tax and before adjustment, of unrealized holding gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). Excludes unrealized gain (loss) on investment in debt security measured at amortized cost (held-to-maturity) from transfer to available-for-sale. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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