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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net income $ 154,750 $ 94,513 $ 334,948 $ 221,904
Unrealized (losses) gains on available-for-sale securities        
Before tax (46,231) (166,536) 809 (372,553)
Tax effect 12,322 44,382 (215) 99,285
Net of tax (33,909) (122,154) 594 (273,268)
Reclassification of net gains on available-for-sale securities included in net income        
Before tax 2 0 562 250
Tax effect (1) 0 (152) (67)
Net of tax 1 0 410 183
Reclassification of amortization of unrealized gains on investment securities transferred to held-to-maturity from available-for-sale        
Before tax 28 44 71 86
Tax effect (8) (12) (19) (23)
Net of tax 20 32 52 63
Net unrealized (losses) gains on available-for-sale securities (33,930) (122,186) 132 (273,514)
Unrealized (losses) gains on derivative instruments        
Before tax (106,431) 2,375 (71,765) 41,856
Tax effect 28,363 (634) 19,125 (11,166)
Net unrealized (losses) gains on derivative instruments (78,068) 1,741 (52,640) 30,690
Foreign currency adjustment        
Before tax 6,527 (8,260) 7,417 (5,418)
Tax effect (1,183) 1,667 (1,363) 1,113
Net foreign currency adjustment 5,344 (6,593) 6,054 (4,305)
Total other comprehensive (loss) (106,654) (127,038) (46,454) (247,129)
Comprehensive income (loss) $ 48,096 $ (32,525) $ 288,494 $ (25,225)