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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Statement of Comprehensive Income [Abstract]        
NET INCOME $ 80,603 $ 80,574 $ 173,152 $ 222,918
OTHER COMPREHENSIVE INCOME (LOSS)        
Unrealized holding losses arising during the period on available-for-sale securities (195,540) (41,398) (639,915) (95,313)
Less: Reclassification adjustment for realized (losses) gains included in net income (22) 5,248 (226) 15,846
Less: Realized losses on available-for-sale securities interest rate hedges (41,412) (13,722) (101,443) (13,722)
Net unrealized gains (losses) on securities transferred from available for sale to held to maturity during the period 0 1,106 (206,682) 1,106
Less: Accretion of net unrealized losses on securities transferred from available-for-sale to held-to-maturity 4,700 0 9,401 0
Other comprehensive loss, before tax effect (158,806) (31,818) (754,329) (96,331)
Less: Tax effect of other comprehensive loss (41,504) (8,316) (197,144) (25,176)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) (117,302) (23,502) (557,185) (71,155)
COMPREHENSIVE INCOME (LOSS) $ (36,699) $ 57,072 $ (384,033) $ 151,763