Earnings per Share

3 Months Ended

Mar. 31, 2013

Earnings per Share

9. Earnings per Share

	For the three months ended
	March 31, 2013		March 31, 2012
Basic earnings per share:
Net income	$	67,239	$	69,304
Less preferred stock dividends		5,480		—
Net income available to common shareholders	$	61,759	$	69,304
Weighted average shares		98,827,587		77,610,117
Basic earnings per share	$	0.62	$	0.89
Diluted earnings per share:
Net income	$	67,239	$	69,304
Less preferred stock dividends for antidilutive shares		5,480		—
Net income available to common shareholders	$	61,759	$	69,304
Weighted average shares		98,827,587		77,610,117
Potential dilutive shares from exercise of stock options		—		—
Diluted weighted average shares		98,827,587		77,610,117
Diluted earnings per share	$	0.62	$	0.89

There are not any potentially dilutive shares for the three months ended March 31, 2013 and March 31, 2012, respectively.