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Basis of Presentation (Tables)

3 Months Ended

Mar. 31, 2024

Accounting Policies [Abstract]

Schedule of Other Expense (Income), Net

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

			Three Months Ended
			March 31,
			2024						2023
Write-offs of deposits and pre-acquisition costs			$	(3,990)					$	(5,683)
Amortization of intangible assets			(2,540)						(2,670)
Loss on debt retirement			(64)						—
Interest income			17,379						7,096
Interest expense			(115)						(107)
Miscellaneous, net			6,013						3,182
Other income, net			$	16,683					$	1,818

Schedule of Earnings Per Share

The following table presents a reconciliation of the Numerator used in the earnings per share calculation for the three months ended March 31, 2023 (000's omitted, except per share data):

Numerator:
Net income									$	532,259
Less: earnings distributed to participating securities									(126)
Less: undistributed earnings allocated to participating securities									(2,148)
Numerator for basic earnings per share									$	529,985
Add back: undistributed earnings allocated to participating securities									2,148
Less: undistributed earnings reallocated to participating securities									(2,135)
Numerator for diluted earnings per share									$	529,998

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):

 

			March 31, 2024												December 31, 2023
			Other Assets						Accrued and Other Liabilities						Other Assets						Accrued and Other Liabilities
Interest rate lock commitments			$	3,728					$	12,305					$	3,926					$	1,506
Forward contracts			4,462						3,559						110						26,104
Whole loan commitments			118						63						24						47
			$	8,308					$	15,927					$	4,060					$	27,657

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Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

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-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-Publisher FASB
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Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482689/260-10-45-3

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Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items.

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