Shareholders' Equity and Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]

Components Of Other Comprehensive Income (Loss)

The following tables summarize the components of other comprehensive income (loss), including the related income tax effects, and the related amount reclassified to net income for the periods presented (in thousands).

	Accumulated Unrealized Gains (Losses) on Securities		Accumulated Unrealized (Losses) Gains on Derivative Instruments		Accumulated Foreign Currency Translation Adjustments		Total Accumulated Other Comprehensive Income (Loss)
Balance at January 1, 2021	$	70,737	$	(23,090)	$	(32,265)	$	15,382
Other comprehensive (loss) income during the period, net of tax, before reclassifications	(44,519)		32,345		2,180		(9,994)
Amount reclassified from accumulated other comprehensive income (loss) into net income, net of tax	(154)		4,912		—		4,758
Amount reclassified from accumulated other comprehensive income (loss) related to amortization of unrealized gains on investment securities transferred to held-to-maturity from available-for-sale, net of tax	(42)		—		—		(42)
Net other comprehensive (loss) income during the period, net of tax	$	(44,715)	$	37,257	$	2,180	$	(5,278)
Balance at March 31, 2021	$	26,022	$	14,167	$	(30,085)	$	10,104

Balance at January 1, 2020	$	14,982	$	(13,141)	$	(36,519)	$	(34,678)
Other comprehensive income (loss) during the period, net of tax, before reclassifications	67,007		(29,170)		(11,145)		26,692
Amount reclassified from accumulated other comprehensive income (loss) into net income, net of tax	(359)		799		—		440
Amount reclassified from accumulated other comprehensive income (loss) related to amortization of unrealized gains on investment securities transferred to held-to-maturity from available-for-sale, net of tax	(57)		—		—		(57)
Net other comprehensive income (loss) during the period, net of tax	$	66,591	$	(28,371)	$	(11,145)	$	27,075
Balance at March 31, 2020	$	81,573	$	(41,512)	$	(47,664)	$	(7,603)

Other Comprehensive Income Reclassified from AOCI

	Amount Reclassified from Accumulated Other Comprehensive Income (Loss) for the
Details Regarding the Component of Accumulated Other Comprehensive Income (Loss)	Three Months Ended				Impacted Line on the Consolidated Statements of Income
	March 31,
	2021		2020
Accumulated unrealized gains on securities
Gains included in net income	$	210	$	491	Gains (losses) on investment securities, net
	210		491		Income before taxes
Tax effect	(56)		(132)		Income tax expense
Net of tax	$	154	$	359	Net income
Accumulated unrealized gains on derivative instruments
Amount reclassified to interest expense on deposits	$	4,897	$	559	Interest on deposits
Amount reclassified to interest expense on other borrowings	669		292		Interest on other borrowings
Amount reclassified to interest expense on junior subordinated debentures	1,130		239		Interest on junior subordinated debentures
	(6,696)		(1,090)		Income before taxes
Tax effect	1,784		291		Income tax expense
Net of tax	$	(4,912)	$	(799)	Net income

Computation Of Basic And Diluted Earnings Per Common Share

The following table shows the computation of basic and diluted earnings per share for the periods indicated:

		Three Months Ended
(In thousands, except per share data)		March 31, 2021		March 31, 2020
Net income		$	153,148	$	62,812
Less: Preferred stock dividends		6,991		2,050
Net income applicable to common shares	(A)	$	146,157	$	60,762
Weighted average common shares outstanding	(B)	56,904		57,620
Effect of dilutive potential common shares
Common stock equivalents		681		575
Weighted average common shares and effect of dilutive potential common shares	(C)	57,585		58,195
Net income per common share:
Basic	(A/B)	$	2.57	$	1.05
Diluted	(A/C)	$	2.54	$	1.04