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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/ (LOSS) - UNAUDITED - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
Net income $ 20,372 $ 51,253
Investments available-for-sale:    
Net change in unrealized gains/ (losses) on investments available-for-sale (7,703) 20,784
Related income tax (expense)/ benefit 1,954 (5,294)
Net investment gains reclassified into earnings 0 0
Related income tax expense 0 0
Net effect on other comprehensive income/ (loss) (5,749) 15,490
Investments held-to-maturity:    
Amortization of unrealized loss transferred from investments available-for-sale 371 405
Related income tax benefit (94) (103)
Net effect on other comprehensive income/ (loss) 277 302
Defined benefit pension plan:    
Amortization of net loss 0 225
Related income tax benefit 0 (57)
Net effect on other comprehensive income/ (loss) 0 168
Total other comprehensive income/ (loss) (5,472) 15,960
Comprehensive income $ 14,900 $ 67,213