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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net income $ 10,110 $ 182,060 $ 23,776 $ 222,896
Other comprehensive loss:        
Net unrealized loss on securities available for sale (7,758) (19,830) (2,159) (39,817)
Other comprehensive loss, before tax (7,758) (19,830) (2,159) (39,817)
Income tax effect [1] 2,107 11,128 587 10,928
Other comprehensive loss, net of tax (5,651) (8,702) (1,572) (28,889)
Total comprehensive income $ 4,459 $ 173,358 $ 22,204 $ 194,007
[1] Income tax effect for the second quarter and first half of 2022 reflects the release of the deferred tax asset valuation allowance on the securities available for sale portfolio.