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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net income $ 162,118 $ 119,114 $ 339,771 $ 218,216
Other comprehensive income (loss), before tax:        
Change in net unrealized gain/loss on securities available for sale during the period (206,863) (636,523) 53,406 (1,547,318)
Change in net unrealized gain on securities transferred to held to maturity (162) (189) (322) (398)
Reclassification adjustment for net (gains) losses included in net income (33) 0 (54) 0
Total securities available for sale and transferred securities, before tax amount (207,058) (636,712) 53,030 (1,547,716)
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) 870 741 1,740 1,482
Total defined-benefit post-retirement benefit plans 870 741 1,740 1,482
Other comprehensive income (loss), before tax (206,188) (635,971) 54,770 (1,546,234)
Deferred tax expense (benefit) (43,299) (133,555) 11,503 (324,710)
Other comprehensive income (loss), net of tax (162,889) (502,416) 43,267 (1,221,524)
Comprehensive income (loss) $ (771) $ (383,302) $ 383,038 $ (1,003,308)