Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2016

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table shows the calculation of both basic and diluted earnings per common share for the three and six months ended June 30, 2016 and 2015.

	Three Months Ended June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
	(in thousands, except for share data)
Net income available to common shareholders	$	37,230	$	31,991	$	71,620	$	62,332
Basic weighted average number of common shares outstanding	254,381,170		232,565,404		254,228,260		232,452,716
Plus: Common stock equivalents	390,043		21,212		347,613		5,032
Diluted weighted average number of common shares outstanding	254,771,213		232,586,616		254,575,873		232,457,748
Earnings per common share:
Basic	$	0.15	$	0.14	$	0.28	$	0.27
Diluted	0.15		0.14		0.28		0.27