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 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Statement of Comprehensive Income [Abstract]        
Net income $ 136,632 $ 92,140 $ 419,811 $ 161,749
Cash flow hedges:        
Unrealized (losses) gains arising during the period (net of tax, $1,765 and $307 for the three months and $4,578 and $2,359 for the nine months ended September 30, 2026 and September 30, 2025, respectively) (5,854) (1,026) (15,218) 7,899
Reclassification adjustment for (losses) gains included in net income (net of tax, $814 and $1,162 for the three months and $2,393 and $3,436 for the nine months ended September 30, 2026 and 2025, respectively) 2,701 3,889 7,955 11,502
AFS securities:        
Unrealized holding (losses) gains arising during the period (net of tax, $35,615 and $10,461 for the three months and $40,574 and $17,241 for the nine months ended September 30, 2026 and September 30, 2025, respectively) (122,395) 35,020 (138,923) 57,721
Reclassification adjustment for (gains) losses included in net income (net of tax, $2 and $1 for the three months and $4 and $18 for the nine months ended September 30, 2026 and September 30, 2025, respectively) [1] (8) (3) (12) 65
Bank owned life insurance:        
Unrealized holding gains (losses) arising during period 0 0 356 (10)
Reclassification adjustment for gains included in net income [2] (68) (202) (488) (599)
Other comprehensive (loss) income: (125,624) 37,678 (146,330) 76,578
Comprehensive income $ 11,008 $ 129,818 $ 273,481 $ 238,327
[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.