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Earnings Per Common Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share
Earnings per common share is computed using the two-class method as more fully described in our 2023 Form 10-K. The following table presents a reconciliation of net income available to common shareholders, net earnings allocated to common stock and the number of shares used in the calculation of basic and diluted earnings per common share.
Three Months Ended
March 31,
20242023
Net income$135,690 $177,653 
Less: Preferred stock dividends1,669 1,669 
Net income available to common shareholders134,021 175,984 
Less: Earnings allocated to participating securities1,639 1,807 
Net earnings allocated to common stock$132,382 $174,177 
Distributed earnings allocated to common stock$59,080 $56,006 
Undistributed earnings allocated to common stock73,302 118,171 
Net earnings allocated to common stock$132,382 $174,177 
Weighted-average shares outstanding for basic earnings per common share64,216,323 64,373,563 
Dilutive effect of stock compensation155,408 258,513 
Weighted-average shares outstanding for diluted earnings per common share64,371,731 64,632,076