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Parent Company Condensed Financial Statements - Condensed Statement of Income (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Statement of income |  |  |
Interest expense on long-term debt | $ 275,350 | $ 87,163 | $ 217,849
Compensation and employee benefits | 477,635 | 433,728 | 404,071
(Impairment recoveries) amortization of tax credit and other investments | 113,358 | 122,457 | 70,082
Other expense | 118,166 | 96,330 | 92,646
Income tax benefit | (283,571) | (183,396) | (117,968)
NET INCOME | 1,128,083 | 872,981 | 567,797
Parent Company |  |  |
Statement of income |  |  |
Other income | 0 | 11 | 3
Total income | 240,157 | 200,093 | 511,112
Interest expense on long-term debt | 5,450 | 2,974 | 3,877
Compensation and employee benefits | 6,708 | 6,370 | 6,210
(Impairment recoveries) amortization of tax credit and other investments | (786) | 425 | 1,248
Other expense | 2,040 | 1,306 | 1,184
Total expense | 13,412 | 11,075 | 12,519
Income before income tax benefit and equity in undistributed income of subsidiaries | 226,745 | 189,018 | 498,593
Income tax benefit | 4,269 | 3,005 | 4,158
Undistributed earnings of subsidiaries, primarily bank | 897,069 | 680,958 | 65,046
NET INCOME | 1,128,083 | 872,981 | 567,797
Parent Company | Bank |  |  |
Statement of income |  |  |
Dividends from subsidiaries | 240,000 | 200,000 | 511,000
Parent Company | Nonbank |  |  |
Statement of income |  |  |
Dividends from subsidiaries | $ 157 | $ 82 | $ 109

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