XML 24 R5.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Statement of Comprehensive Income [Abstract]    
Net income $ 65,095 $ 67,420
OTHER COMPREHENSIVE INCOME (LOSS)    
Unrealized holding losses arising during the period on available-for-sale securities (465,708) (125,717)
Less: Reclassification adjustment for realized (loss) gains included in net income (54) 5,471
Less: Realized loss on available-for-sale securities interest rate hedges (37,199) 0
Less: Amortization of net unrealized gains on securities transferred from available-for-sale to held-to-maturity (84) 0
Other comprehensive income (loss), before tax effect (428,371) (131,188)
Less: Tax effect of other comprehensive loss (111,955) (34,286)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) (316,416) (96,902)
COMPREHENSIVE INCOME (LOSS) $ (251,321) $ (29,482)