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Basis of Presentation (Tables) | 6 Months Ended
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Jun. 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 |  | Six Months Ended
June 30, |  | June 30,
2023 |  | 2022 |  | 2023 |  | 2022
Write-offs of deposits and pre-acquisition costs | $ | (1,490) |  |  | $ | (4,503) |  |  | $ | (7,173) |  |  | $ | (8,013) |
Amortization of intangible assets | (2,623) |  |  | (2,766) |  |  | (5,293) |  |  | (5,587) |
Interest income | 15,302 |  |  | 290 |  |  | 22,398 |  |  | 678 |
Interest expense | (120) |  |  | (65) |  |  | (227) |  |  | (150) |
Miscellaneous, net | 2,517 |  |  | 2,823 |  |  | 5,700 |  |  | 5,492 |
Other income (expense), net | $ | 13,586 |  |  | $ | (4,221) |  |  | $ | 15,405 |  |  | $ | (7,580) |
Schedule of Earnings Per Share | The following table presents the earnings per common share (000's omitted, except per share data):
| Three Months Ended |  | Six Months Ended
June 30, |  | June 30,
2023 |  | 2022 |  | 2023 |  | 2022
Numerator: |  |  |  |  |  |  |
Net income | $ | 720,345 |  |  | $ | 652,435 |  |  | $ | 1,252,604 |  |  | $ | 1,107,158 |
Less: earnings distributed to participating securities | (122) |  |  | (217) |  |  | (248) |  |  | (434) |
Less: undistributed earnings allocated to participating securities | (2,365) |  |  | (3,672) |  |  | (4,597) |  |  | (6,721) |
Numerator for basic earnings per share | $ | 717,858 |  |  | $ | 648,546 |  |  | $ | 1,247,759 |  |  | $ | 1,100,003 |
Add back: undistributed earnings allocated to participating securities | 2,365 |  |  | 3,672 |  |  | 4,597 |  |  | 6,721 |
Less: undistributed earnings reallocated to participating securities | (2,347) |  |  | (3,644) |  |  | (4,565) |  |  | (6,677) |
Numerator for diluted earnings per share | $ | 717,876 |  |  | $ | 648,574 |  |  | $ | 1,247,791 |  |  | $ | 1,100,047 |
Denominator: |  |  |  |  |  |  |
Basic shares outstanding | 222,160 |  |  | 236,328 |  |  | 223,635 |  |  | 241,036 |
Effect of dilutive securities | 1,232 |  |  | 1,318 |  |  | 1,031 |  |  | 1,193 |
Diluted shares outstanding | 223,392 |  |  | 237,646 |  |  | 224,666 |  |  | 242,229 |
Earnings per share: |  |  |  |  |  |  |
Basic | $ | 3.23 |  |  | $ | 2.74 |  |  | $ | 5.58 |  |  | $ | 4.56 |
Diluted | $ | 3.21 |  |  | $ | 2.73 |  |  | $ | 5.55 |  |  | $ | 4.54 |
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):
| June 30, 2023 |  | December 31, 2022
| Other Assets |  | Accrued and Other Liabilities |  | Other Assets |  | Accrued and Other Liabilities
Interest rate lock commitments | $ | 4,742 |  |  | $ | 7,371 |  |  | $ | 10,830 |  |  | $ | 1,572 |
Forward contracts | 6,777 |  |  | 107 |  |  | 4,144 |  |  | 20,853 |
Whole loan commitments | 33 |  |  | 99 |  |  | 806 |  |  | 165 |
| $ | 11,552 |  |  | $ | 7,577 |  |  | $ | 15,780 |  |  | $ | 22,590 |

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