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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Statement Of Income And Comprehensive Income [Abstract]      
Net income $ 286,502 $ 243,600 $ 195,513
Unrealized gains and losses on debt securities:      
Change in unrealized holding gains and losses, net 295,552 253,891 (51,271)
Less: Reclassification adjustment for gains included in net income (6,980) (3,218) (578)
Change in unrealized gains and losses on debt securities during the period 288,572 250,673 (51,849)
Unrealized gains and losses on derivative hedges:      
Change in unrealized gains and losses on derivative hedges 20,979 (15,318) 1,906
Less: Reclassification adjustment for (gains) losses included in net income (1,905) 1,023  
Change in unrealized gains and losses on derivative hedges 19,074 (14,295) 1,906
Other comprehensive income (loss), before tax 307,646 236,378 (49,943)
Income tax (expense) benefit (72,486) (57,416) 12,735
Other comprehensive income (loss) before reclassifications 235,160 178,962 (37,208)
Amounts reclassified from accumulated other comprehensive income [1],[2]     (13,049)
Net current-period other comprehensive income (loss) 235,160 178,962 (50,257)
Comprehensive income $ 521,662 $ 422,562 $ 145,256
[1] See Note 2, “New Accounting Pronouncements,” for discussion of the Company’s adoption of ASU No. 2018-02.
[2] See Note 2, “New Accounting Pronouncements,” for discussions of the Company’s adoption of ASU No. 2016-01.