Quarterly report pursuant to Section 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, 2023
Mar. 31, 2022
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) [Abstract]    
Net income $ 12,004 $ 6,000
Unrealized gains (losses):    
Net change in unrealized gains (losses) on debt securities available for sale 6,738 (15,119)
Net unrealized gain at time of transfer on securities transferred to held-to-maturity 0 113
Amortization of net unrealized gains on securities transferred to held-to-maturity (5) (6)
Tax effect (1,414) 3,153
Net change in unrealized gains (losses) on debt securities available for sale, net of tax 5,319 (11,859)
Less: reclassification adjustments:    
Reclassification for gains included in net income 0 0
Tax effect 0 0
Reclassification for gains included in net income, net of tax 0 0
Other comprehensive income (loss), net of tax 5,319 (11,859)
Comprehensive income (loss) $ 17,323 $ (5,859)