Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Statement of Comprehensive Income [Abstract]    
Net income $ 122,165 $ 49,818
Cash flow hedges:    
Change in fair value of cash flow hedges (net of tax, $594 and $2,747, for the three months ended March 31, 2026 and 2025, respectively) (1,982) 10,336
AFS securities:    
Unrealized holding (losses) gains arising during period (net of tax, $5,833 and $4,188 for the three months ended March 31, 2026 and 2025, respectively) (20,538) 15,754
Reclassification adjustment for (gains) losses included in net income (net of tax, $1 and $21 for the three months ended March 31, 2026 and 2025, respectively) [1] (1) 81
Bank owned life insurance:    
Unrealized holding gains (losses) arising during period 323 (10)
Reclassification adjustment for gains included in net income [2] (203) (190)
Other comprehensive (loss) income (22,401) 25,971
Comprehensive income $ 99,764 $ 75,789
[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] Reclassifications into earnings are reported in "Salaries and benefits" expense on the Company’s Consolidated Statements of Income.