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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]      
Net earnings (loss) $ 30,852 $ (482,955) $ (1,195,424)
Other comprehensive income (loss), net of tax:      
Unrealized net holding (losses) gains on securities available-for-sale arising during the period (18,208) 161,900 67,971
Income tax benefit (expense) related to unrealized net holding gains (losses) arising during the period 5,167 (44,206) (18,828)
Unrealized net holding (losses) gains on securities available-for-sale, net of tax (13,041) 117,694 49,143
Reclassification adjustment for net (gains) losses included in net earnings 0 [1] 442,413 0 [1]
Income tax benefit related to reclassification adjustment 0 (120,797) 0
Reclassification adjustment for net losses included in net earnings, net of tax 0 321,616 0
Amortization of unrealized net loss on securities transferred from available-for-sale to held-to-maturity (8,110) (8,136) (7,884)
Income tax expense related to amortization of unrealized net loss on securities transferred from available-for-sale to held-to-maturity (2,302) (2,254) (2,184)
Amortization of unrealized net loss on securities transferred from available-for-sale to held-to-maturity, net of tax 5,808 5,882 5,700
Change in fair value of credit-linked notes (1,251) 687 0
Income tax benefit (expense) related to change in fair value of credit-linked notes 355 (254) 0
Change in fair value of credit-linked notes, net of tax (896) 433 0
Unrealized gain (loss) on cash flow hedges arising during the period 5,425 (5,714) 0
Income tax (expense) benefit related to unrealized gain (loss) on cash flow hedges arising during the period (1,618) 1,657 0
Unrealized gain (loss) on cash flow hedges, net of tax 3,807 (4,057) 0
Other comprehensive (loss) income, net of tax (4,322) 441,568 54,843
Comprehensive income (loss) $ 26,530 $ (41,387) $ (1,140,581)
[1] Entire amounts are recognized in "Loss on sale of securities" on the Condensed Consolidated Statements of Earnings (Loss).