Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Schedule of Changes in AOCI

Changes in other comprehensive income are summarized as follows for the periods indicated (in thousands):

	Year Ended December 31, 2022
	Before Tax		Tax Effect		Net of Tax
Unrealized losses on investment securities available for sale:
Net unrealized holding loss arising during the period	$	(674,115)	$	175,251	$	(498,864)
Amounts reclassified to gain on investment securities available for sale, net	(3,927)		1,021		(2,906)
Net change in unrealized loss on investment securities available for sale	(678,042)		176,272		(501,770)
Unrealized gains on derivative instruments:
Net unrealized holding gains arising during the period	107,764		(27,893)		79,871
Amounts reclassified to interest expense on deposits	(4,357)		1,133		(3,224)
Amounts reclassified to interest expense on borrowings	4,224		(1,098)		3,126
Amounts reclassified to interest income on loans	43		(11)		32
Net change in unrealized gains on derivative instruments	107,674		(27,869)		79,805
Other comprehensive loss	$	(570,368)	$	148,403	$	(421,965)

	Year Ended December 31, 2021
	Before Tax		Tax Effect		Net of Tax
Unrealized losses on investment securities available for sale:
Net unrealized holding losses arising during the period	$	(72,789)	$	18,561	$	(54,228)
Amounts reclassified to gain on investment securities available for sale, net	(9,010)		2,298		(6,712)
Net change in unrealized losses on investment securities available for sale	(81,799)		20,859		(60,940)
Unrealized losses on derivative instruments:
Net unrealized holding gains arising during the period	29,808		(7,601)		22,207
Amounts reclassified to interest expense on borrowings	51,739		(13,194)		38,545
Reclassification adjustment for discontinuance of cash flow hedges	44,833		(11,433)		33,400
Net change in unrealized gains on derivative instruments	126,380		(32,228)		94,152
Other comprehensive income	$	44,581	$	(11,369)	$	33,212

	Year Ended December 31, 2020
	Before Tax		Tax Effect		Net of Tax
Unrealized gains on investment securities available for sale:
Net unrealized holding gain arising during the period	$	61,291	$	(15,246)	$	46,045
Amounts reclassified to gain on investment securities available for sale, net	(14,001)		3,570		(10,431)
Net change in unrealized gains on investment securities available for sale	47,290		(11,676)		35,614
Unrealized losses on derivative instruments:
Net unrealized holding loss arising during the period	(116,168)		28,766		(87,402)
Amounts reclassified to interest expense on borrowings	46,259		(11,796)		34,463
Net change in unrealized losses on derivative instruments	(69,909)		16,970		(52,939)
Other comprehensive loss	$	(22,619)	$	5,294	$	(17,325)

Schedule of the Categories of AOCI and Changes Therein

The categories of AOCI and changes therein are presented below for the periods indicated (in thousands):

	Unrealized Gain (Loss) on Investment Securities Available for Sale		Unrealized Gain (Loss) on Derivative Instruments		Total
Balance at December 31, 2019	$	28,185	$	(60,012)	$	(31,827)
Other comprehensive loss	35,614		(52,939)		(17,325)
Balance at December 31, 2020	63,799		(112,951)		(49,152)
Other comprehensive income	(60,940)		94,152		33,212
Balance at December 31, 2021	2,859		(18,799)		(15,940)
Other comprehensive loss	(501,770)		79,805		(421,965)
Balance at December 31, 2022	$	(498,911)	$	61,006	$	(437,905)