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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 (37,885)       (37,885)      
Net income 119,578       119,578      
Other comprehensive income (loss), net of tax (87,309)           (87,309)  
ESOP shares committed to be released 6,856     3,097       3,759
Ending balance (in shares) at Sep. 30, 2021     186,758,154          
Ending balance at Sep. 30, 2021 3,429,292   $ 1,868 1,857,165 1,747,300   (33,075) (143,966)
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)
Ending balance (in shares) at Dec. 31, 2021 186,305,332   186,305,332          
Ending 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]                
Accounting Standards Update [Extensible List] Accounting Standards Update 2016-13              
Beginning balance (in shares) at Jun. 30, 2021     186,758,154          
Beginning Balance at Jun. 30, 2021 $ 3,430,622   $ 1,868 1,856,241 1,723,979   (6,247) (145,219)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends to common shareholders (13,785)       (13,785)      
Net income 37,106       37,106      
Other comprehensive income (loss), net of tax (26,828)           (26,828)  
ESOP shares committed to be released 2,177     924       1,253
Ending balance (in shares) at Sep. 30, 2021     186,758,154          
Ending balance at Sep. 30, 2021 $ 3,429,292   $ 1,868 1,857,165 1,747,300   (33,075) (143,966)
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 (50,263)       (50,263)      
Repurchased common stock (in shares)     (8,564,338)          
Repurchased common stock (170,771)   $ (86) (170,685)        
Issuance of restricted stock awards (in shares)     31,559          
Issuance of restricted stock awards 0   $ 1 (1)        
Share-based compensation 8,092     8,092        
Net income 157,465       157,465      
Other comprehensive income (loss), net of tax (922,122)           (922,122)  
ESOP shares committed to be released $ 7,508     3,749       3,759
Ending balance (in shares) at Sep. 30, 2022 177,772,553   177,772,553          
Ending balance at Sep. 30, 2022 $ 2,416,163   $ 1,778 1,676,396 1,855,757   (978,818) (138,950)
Beginning balance (in shares) at Jun. 30, 2022     179,253,801          
Beginning Balance at Jun. 30, 2022 2,718,396   $ 1,793 1,700,495 1,817,474   (661,163) (140,203)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Dividends to common shareholders (16,494)       (16,494)      
Repurchased common stock (in shares)     (1,481,248)          
Repurchased common stock (28,950)   $ (15) (28,935)        
Share-based compensation 3,561     3,561        
Net income 54,777       54,777      
Other comprehensive income (loss), net of tax (317,655)           (317,655)  
ESOP shares committed to be released $ 2,528     1,275       1,253
Ending balance (in shares) at Sep. 30, 2022 177,772,553   177,772,553          
Ending balance at Sep. 30, 2022 $ 2,416,163   $ 1,778 $ 1,676,396 $ 1,855,757   $ (978,818) $ (138,950)
[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” within the Notes to the Unaudited Consolidated Financial Statements included in Part I, Item 1 in this Quarterly Report on Form 10-Q for additional discussion.