Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Calculations for basic and diluted earnings per common share

Presented below are the calculations for basic and diluted earnings per common share.

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2017			2016			2017			2016
	(In thousands, except per share data)
Net income	$	65,001		$	53,816		$	179,254		$	145,441
Preferred stock dividends	(2,339		)	(2,188		)	(7,008		)	(6,555		)
Net income available to common equity	$	62,662		$	51,628		$	172,246		$	138,886
Common shareholder dividends	(18,149		)	(16,431		)	(54,726		)	(49,077		)
Unvested share-based payment awards	(105		)	(177		)	(332		)	(565		)
Undistributed earnings	$	44,408		$	35,020		$	117,188		$	89,244
Undistributed earnings allocated to common shareholders	44,150			34,645			116,418			88,294
Undistributed earnings allocated to unvested share-based payment awards	258			375			770			950
Undistributed earnings	$	44,408		$	35,020		$	117,188		$	89,244
Basic
Distributed earnings to common shareholders	$	18,149		$	16,431		$	54,726		$	49,077
Undistributed earnings allocated to common shareholders	44,150			34,645			116,418			88,294
Total common shareholders earnings, basic	$	62,299		$	51,076		$	171,144		$	137,371
Diluted
Distributed earnings to common shareholders	$	18,149		$	16,431		$	54,726		$	49,077
Undistributed earnings allocated to common shareholders	44,150			34,645			116,418			88,294
Total common shareholders earnings, diluted	$	62,299		$	51,076		$	171,144		$	137,371
Weighted average common shares outstanding	150,565			148,708			150,983			148,607
Effect of dilutive common stock awards	1,815			1,265			2,081			1,038
Effect of dilutive common stock warrants	588			—			718			—
Diluted weighted average common shares outstanding	152,968			149,973			153,782			149,645
Basic earnings per common share	$	0.41		$	0.34		$	1.13		$	0.92
Diluted earnings per common share	$	0.41		$	0.34		$	1.11		$	0.92