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 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net income $ 53,468 $ 62,136 $ 111,439 $ 119,749
Other comprehensive loss, net of tax:        
Unrealized net holding losses arising during period from securities available for sale, net of tax of $(5,182) and $(5,403) for the three and six months ended June 30, 2023, respectively, and $(5,557) and $(12,572) for the three and six months ended June 30, 2022, respectively (15,455) (13,344) (16,122) (40,340)
Amortization of net unrealized gains on securities transferred from available-for-sale to held-to-maturity, net of tax of $(51) and $(96) for the three and six months ended June 30, 2023, respectively, and $(100) and $(250) for the three and six months ended June 30, 2022, respectively (158) (377) (287) (946)
Reclassification adjustment for net losses on sales of securities, net of tax of $595 and $1,295 for the three and six months ended June 30, 2022 0 2,238 0 4,873
Other comprehensive loss, net of tax (15,613) (11,482) (16,409) (36,413)
Comprehensive income $ 37,855 $ 50,654 $ 95,030 $ 83,336