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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net income $ 95,056 $ 111,836 $ 242,881 $ 339,918
Other comprehensive income (loss), before tax:        
Change in net unrealized gain/loss on securities available for sale during the period 20,332 107,786 406,959 464,072
Change in net unrealized gain on securities transferred to held to maturity (294) (305) (979) (957)
Reclassification adjustment for net (gains) losses included in net income 0 (97) (108,989) (266)
Total securities available for sale and transferred securities, before tax amount 20,038 107,384 296,991 462,849
Defined-benefit post-retirement benefit plans:        
Reclassification adjustment for net amortization of actuarial gain/loss included in net income as a component of net periodic cost (benefit) 1,330 1,406 3,989 4,218
Total defined-benefit post-retirement benefit plans 1,330 1,406 3,989 4,218
Other comprehensive income (loss), before tax 21,368 108,790 300,980 467,067
Deferred tax expense (benefit) 4,487 22,845 63,205 98,084
Other comprehensive income (loss), net of tax 16,881 85,945 237,775 368,983
Comprehensive income (loss) $ 111,937 $ 197,781 $ 480,656 $ 708,901