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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
NET INCOME $ 38,871 $ 45,589
OTHER COMPREHENSIVE INCOME (LOSS)    
Unrealized holding (losses) gains arising during the period on available-for-sale securities (26,149) 69,963
Less: Realized (losses) gains on available-for-sale securities interest rate hedges (15,375) 13,545
Less: Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity (5,845) (7,048)
Other comprehensive income (loss), before tax effect (4,929) 63,466
Less: Tax effect of other comprehensive income (loss) (1,288) 16,587
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) (3,641) 46,879
COMPREHENSIVE INCOME $ 35,230 $ 92,468