Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Comprehensive Income

v3.22.4
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net income $ 251,504 $ 207,734 $ 169,569
Other comprehensive (loss) income, net of tax:      
Unrealized net holding (losses) gains arising during period from securities available for sale, net of tax of $(19,336), $(2,705) and $3,845 for 2022, 2021, and 2020, respectively (59,768) (10,181) 14,469
Amortization of net unrealized (losses) on securities transferred from available-for-sale to held-to-maturity, net of tax of ($375) and ($319) for 2022 and 2021, respectively (1,414) (1,196) 0
Reclassification adjustment for securities transferred from available-for-sale to held-to-maturity net of tax of $1,480 for 2021 0 5,705 0
Reclassification adjustment for net losses (gains) on call and sale of securities, net of tax of $1,295 and $(130), for 2022 and 2021, respectively 4,873 (490) 0
Other comprehensive (loss) income, net of tax (56,309) (6,162) 14,469
Comprehensive income $ 195,195 $ 201,572 $ 184,038