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Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Fair value assumptions of stock options
The following assumptions were used in estimating the fair value for options granted in the first nine months of 2016 and full year 2015.
 
2016
 
2015
Dividend yield
2.50
%
 
2.00
%
Risk-free interest rate
2.00
%
 
2.00
%
Weighted average expected volatility
25.00
%
 
20.00
%
Weighted average expected life
5.5 years

 
6.0 years

Weighted average per share fair value of options
$3.36
 
$3.08
Summary of company's stock option activities
A summary of the Corporation’s stock option activity for the year ended December 31, 2015, and the nine months ended September 30, 2016 is presented below.
Stock Options
Shares
 
Weighted Average
Exercise Price
 
Weighted Average Remaining Contractual Term
 
Aggregate Intrinsic Value (000s)
Outstanding at December 31, 2014
7,847,338

 
$
18.34

 
 
 
 
Granted
1,348,504

 
17.95

 
 
 
 
Exercised
(1,351,646
)
 
13.90

 
 
 
 
Forfeited or expired
(1,215,053
)
 
29.13

 
 
 
 
Outstanding at December 31, 2015
6,629,143

 
$
17.22

 
6.24
 
$
18,730

Options Exercisable at December 31, 2015
4,190,245

 
$
17.25

 
4.93
 
$
14,873

Granted
1,302,298

 
$
17.45

 
 
 
 
Exercised
(466,779
)
 
14.15

 
 
 
 
Forfeited or expired
(181,552
)
 
21.61

 
 
 
 
Outstanding at September 30, 2016
7,283,110

 
$
17.35

 
6.18
 
$
23,503

Options Exercisable at September 30, 2016
4,558,016

 
$
17.31

 
4.76
 
$
17,635
Summary of restricted stock awards activity (excluding salary shares)
The following table summarizes information about the Corporation’s restricted stock activity for the year ended December 31, 2015, and for the nine months ended September 30, 2016.
Restricted Stock
Shares
 
Weighted Average Grant Date Fair Value
Outstanding at December 31, 2014
1,982,126

 
$
15.79

Granted
1,173,847

 
18.09

Vested
(709,582
)
 
15.62

Forfeited
(196,363
)
 
16.87

Outstanding at December 31, 2015
2,250,028

 
$
17.03

Granted
1,073,057

 
$
17.48

Vested
(831,433
)
 
16.61

Forfeited
(94,725
)
 
17.60

Outstanding at September 30, 2016
2,396,927

 
$
17.35