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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2021
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 months ended March 31, 2021 and 2020:
 Three Months Ended
March 31,
 20212020
 (in thousands, except for share data)
Net income available to common shareholders$112,538 $84,096 
Basic weighted average number of common shares outstanding
405,152,605 403,519,088 
Plus: Common stock equivalents2,484,160 1,905,035 
Diluted weighted average number of common shares outstanding
407,636,765 405,424,123 
Earnings per common share:
Basic$0.28 $0.21 
Diluted0.28 0.21