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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share  
Schedule of computation of earnings per share

Three Month Periods Ended June 30, 

2022

2021

Weighted-

Per 

Weighted-

Per 

Net

Average

Share

Net

Average

Share

    

Income

    

Shares

    

Amount

    

Income

    

Shares

    

Amount

(In thousands)

(In thousands)

Net income

$

53,935

 

  

 

  

$

51,417

 

  

 

  

Dividends on preferred stock

 

(5,729)

 

  

 

  

 

(5,659)

 

  

 

  

Net income allocated to common shareholders

$

48,206

 

  

 

  

$

45,758

 

  

 

  

Basic earnings per share(1)

 

  

 

43,209,824

$

1.12

 

  

 

43,174,220

$

1.06

Effect of dilutive securities-restricted stock awards(1)

 

  

 

125,387

 

  

 

  

 

137,268

 

  

Diluted earnings per share(1)

 

  

 

43,335,211

$

1.11

 

  

 

43,311,488

$

1.06

Six Month Periods Ended June 30, 

2022

2021

 

Weighted-

Per 

Weighted-

Per 

Net

Average

Share

Net

Average

Share

    

Income

    

Shares

    

Amount

    

Income

    

Shares

    

Amount

(In thousands)

(In thousands)

 

Net income

$

104,077

 

  

 

  

$

113,400

 

  

 

  

Dividends on preferred stock

 

(11,457)

 

  

 

  

 

(9,416)

 

  

 

  

Net income allocated to common shareholders

$

92,620

 

  

 

  

$

103,984

 

  

 

  

Basic earnings per share

 

  

 

43,220,198

$

2.14

 

  

 

43,166,223

$

2.41

Effect of dilutive securities-restricted stock awards

 

  

 

147,677

 

  

 

  

 

127,376

 

  

Diluted earnings per share

 

  

 

43,367,875

$

2.14

 

  

 

43,293,599

$

2.40