Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Income (Unaudited)

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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net income $ 53,340 $ 64,031 $ 164,779 $ 183,780
Other comprehensive loss, net of tax:        
Unrealized net holding losses arising during period from securities available for sale, net of tax of $(340) and $(5,742) for the three and nine months ended September 30, 2023, respectively, and $(5,707) and $(18,409) for the three and nine months ended September 30, 2022, respectively (1,016) (21,471) (17,138) (62,301)
Amortization of net unrealized gains on securities transferred from available-for-sale to held-to-maturity, net of tax of $(53) and $(150) for the three and nine months ended September 30, 2023, respectively, and $(70) and $(320) for the three and nine months ended September 30, 2022, respectively (160) (262) (447) (1,208)
Reclassification adjustment for net losses on sales of securities, net of tax of $1,295 for the nine months ended September 30, 2022 0 0 0 5,363
Other comprehensive loss, net of tax (1,176) (21,733) (17,585) (58,146)
Comprehensive income $ 52,164 $ 42,298 $ 147,194 $ 125,634