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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Statement of Income and Comprehensive Income      
Net income $ 614,212 $ 541,342 $ 1,102,641
Other comprehensive income (loss) before tax:      
Foreign currency translation adjustment (6,837) (7,793) 10,572
Adjustment of pension and postretirement benefit plans 22,652 23,052 7,811
Amortization of net losses 14,471 19,253 15,644
Unrealized net holding gains (losses) on debt securities arising during the period 101,442 391,633 (2,539,421)
Reclassification adjustment for gains included in net income 0 0 0
Amortization of unrealized losses of debt securities transfer from available-for-sale to held-to-maturity 179,563 172,883 41,642
Unrealized net gains (losses) on cash flow hedges 0 (30) 3,719
Reclassification adjustment for net (gains) losses included in net income 0 (41) (960)
Other comprehensive income (loss) before tax 311,291 598,957 (2,460,993)
Income tax (expense) benefit (77,000) 30,440 261,134
Total other comprehensive income (loss), net of tax 234,291 629,397 (2,199,859)
Comprehensive income (loss), net of tax $ 848,503 $ 1,170,739 $ (1,097,218)