Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for 2022, 2021 and 2020:

(In thousands, except per share data)		2022		2021		2020
Net income		$	509,682	$	466,151	$	292,990
Less: Preferred stock dividends		27,964		27,964		21,377
Net income applicable to common shares	(A)	$	481,718	$	438,187	$	271,613
Weighted average common shares outstanding	(B)	59,205		56,994		57,523
Effect of dilutive potential common shares:
Common stock equivalents		886		792		496
Weighted average common shares and effect of dilutive potential common shares	(C)	60,091		57,786		58,019
Net income per common share:
Basic	(A/B)	$	8.14	$	7.69	$	4.72
Diluted	(A/C)	8.02		7.58		4.68