v3.26.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Net income $ 88,778 $ 77,059
Available-for-sale debt securities:    
Net unrealized holding (losses) gains on debt securities [1] (6,168) 84,061
Other comprehensive (loss) income for the period, net of tax (6,168) 84,061
Total comprehensive income $ 82,610 $ 161,120
[1]
Net unrealized holding (losses) gains on available-for-sale
debt securities have no tax effect because securities
are either tax-exempt, held by an International
Banking Entity
(“IBE”), or have a full deferred tax asset
valuation allowance.