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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net income $ 11,702 $ 17,992
Unrealized gains (losses) on available-for-sale securities arising during the period 4,348 1,450
Reclassification adjustment for gains 0 (14)
Other comprehensive income (loss) before income taxes 4,348 1,436
Tax effect (1,605) (530)
Other comprehensive income (loss), net of tax 2,743 906
Comprehensive Income, Net of Tax $ 14,445 $ 18,898