Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Comprehensive Income

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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net income $ 206,853 $ 251,504 $ 207,734
Other comprehensive loss, net of tax:      
Unrealized net holding losses arising during period from securities available for sale, net of tax of $(1,593), $(19,336), and $(2,705) for 2023, 2022, and 2021, respectively (4,754) (59,768) (10,181)
Amortization of net unrealized (losses) on securities transferred from available-for-sale to held-to-maturity, net of tax of $(197), $(375), and $(319) for 2023, 2022, and 2021 respectively (588) (1,414) (1,196)
Reclassification adjustment for securities transferred from available-for-sale to held-to-maturity net of tax of $1,480 for 2021 0 0 5,705
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 0 4,873 (490)
Other comprehensive loss, net of tax (5,342) (56,309) (6,162)
Comprehensive income $ 201,511 $ 195,195 $ 201,572