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Unaudited Consolidated Statements of Changes in Shareholders Equity - USD ($)
$ in Thousands
Total
Cumulative effect accounting adjustment
[1]
Common Stock
Additional Paid in Capital
Retained Earnings
Retained Earnings
Cumulative effect accounting adjustment
[1]
Accumulated Other Comprehensive Income (Loss)
Unallocated Common Stock Held by ESOP
Beginning balance (in shares) at Dec. 31, 2020     186,758,154          
Beginning Balance at Dec. 31, 2020 $ 3,428,052   $ 1,868 $ 1,854,068 $ 1,665,607   $ 54,234 $ (147,725)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends to common shareholders (10,324)       (10,324)      
Net income 47,663       47,663      
Other comprehensive loss, net of tax (80,426)           (80,426)  
ESOP shares committed to be released 2,080     827       1,253
Ending balance (in shares) at Mar. 31, 2021     186,758,154          
Ending balance at Mar. 31, 2021 $ 3,387,045   $ 1,868 1,854,895 1,702,946   (26,192) (146,472)
Beginning balance (in shares) at Dec. 31, 2021 186,305,332   186,305,332          
Beginning Balance at Dec. 31, 2021 $ 3,406,352 $ (20,098) $ 1,863 1,835,241 1,768,653 $ (20,098) (56,696) (142,709)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends to common shareholders (17,074)       (17,074)      
Repurchased common stock (in shares)     (2,866,621)          
Repurchased common stock (60,595)   $ (29) (60,566)        
Share-based compensation 1,623     1,623        
Net income 51,516       51,516      
Other comprehensive loss, net of tax (355,958)           (355,958)  
ESOP shares committed to be released $ 2,626     1,372       1,254
Ending balance (in shares) at Mar. 31, 2022 183,438,711   183,438,711          
Ending balance at Mar. 31, 2022 $ 3,008,392   $ 1,834 $ 1,777,670 $ 1,782,997   $ (412,654) $ (141,455)
[1] Represents gross transition adjustment amount of $28.0 million, net of taxes of $7.9 million, to reflect the cumulative impact on retained earnings pursuant to the Company’s adoption of Accounting Standards Update 2016-13. Refer to Note 4, “Loans and Allowance for Credit Losses” for additional discussion.