Basis of Presentation (Tables)

9 Months Ended

Sep. 30, 2023

Accounting Policies [Abstract]

Schedule of Other Expense (Income), Net

Other income (expense), net consists of the following ($000’s omitted): 

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
Write-offs of deposits and pre-acquisition costs	$	(2,456)	$	(24,462)	$	(9,629)	$	(32,475)
Amortization of intangible assets	(2,623)		(2,766)		(7,915)		(8,353)
Interest income	19,303		370		41,701		1,048
Interest expense	(120)		(65)		(347)		(216)
Miscellaneous, net	2,625		1,283		8,324		6,776
Other income (expense), net	$	16,729	$	(25,640)	$	32,134	$	(33,220)

Schedule of Earnings Per Share

The following table presents the earnings per common share (000's omitted, except per share data):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
Numerator:
Net income	$	638,775	$	627,928	$	1,891,379	$	1,735,086
Less: earnings distributed to participating securities	(121)		(202)		(369)		(635)
Less: undistributed earnings allocated to participating securities	(2,083)		(3,534)		(6,685)		(10,288)
Numerator for basic earnings per share	$	636,571	$	624,192	$	1,884,325	$	1,724,163
Add back: undistributed earnings allocated to participating securities	2,083		3,534		6,685		10,288
Less: undistributed earnings reallocated to participating securities	(2,066)		(3,508)		(6,636)		(10,218)
Numerator for diluted earnings per share	$	636,588	$	624,218	$	1,884,374	$	1,724,233
Denominator:
Basic shares outstanding	218,288		230,967		221,832		237,639
Effect of dilutive securities	1,394		1,333		1,152		1,240
Diluted shares outstanding	219,682		232,300		222,984		238,879
Earnings per share:
Basic	$	2.92	$	2.70	$	8.49	$	7.26
Diluted	$	2.90	$	2.69	$	8.45	$	7.22

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The fair values of derivative instruments and their locations in the Condensed Consolidated Balance Sheets are summarized below ($000’s omitted): 

	September 30, 2023				December 31, 2022
	Other Assets		Accrued and Other Liabilities		Other Assets		Accrued and Other Liabilities
Interest rate lock commitments	$	6,629	$	14,983	$	10,830	$	1,572
Forward contracts	12,482		66		4,144		20,853
Whole loan commitments	7		189		806		165
	$	19,118	$	15,238	$	15,780	$	22,590