Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

v3.25.4
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Abstract]      
Net income $ 273,715 $ 209,131 $ 201,818
Cash flow hedges:      
Change in fair value of cash flow hedges (net of tax, $6,545, $243, and $3,308, for the years ended December 31, 2025, 2024, 2023 respectively) 21,913 (913) 12,445
AFS securities:      
Unrealized holding gains (losses) arising during period (net of tax, $24,606, $5,247, and $7,710, for the years ended December 31, 2025, 2024, 2023, respectively) 82,377 (19,739) 29,006
Reclassification adjustment for losses included in net income (net of tax, $18, $1,364, and $8,608, for the years ended December 31, 2025, 2024, 2023, respectively) [1] 63 5,129 32,381
HTM securities:      
Reclassification adjustment for accretion of unrealized gain on AFS securities transferred to HTM (net of tax) [2] 0 (6) (11)
Bank owned life insurance:      
Unrealized holding gains (losses) arising during period 39 (16) 10
Reclassification adjustment for (gains) losses included in net income [3] (793) (792) 1,106
Other comprehensive income (loss) 103,599 (16,337) 74,937
Comprehensive income $ 377,314 $ 192,794 $ 276,755
[1] (1) The gross amounts reclassified into earnings are reported as “Other operating income” on the Company’s Consolidated Statements of Income with the corresponding income tax effect being reflected as a component of income tax expense.
[2] (2) The gross amounts reclassified into earnings are reported within interest income on the Company’s Consolidated Statements of Income with the corresponding income tax effect being reflected as a component of income tax expense.
[3] (3) Reclassifications into earnings are reported in "Salaries and benefits" expense on the Company’s Consolidated Statements of Income.