Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2025

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:

	Three Months Ended Mar 31,
($ in thousands, except per share data)	2025		2024
Net income	$	101,687	$	81,169
Preferred stock dividends	(2,875)		(2,875)
Net income available to common equity	98,812		78,294
Common shareholder dividends	(38,333)		(33,407)
Unvested share-based payment awards	(206)		(120)
Undistributed earnings	$	60,274	$	44,767
Undistributed earnings allocated to common shareholders	$	59,997	$	44,524
Undistributed earnings allocated to unvested share-based payment awards	277		242
Undistributed earnings	$	60,274	$	44,767
Basic
Distributed earnings to common shareholders	$	38,333	$	33,407
Undistributed earnings allocated to common shareholders	59,997		44,524
Total common shareholders earnings, basic	$	98,329	$	77,932
Diluted
Distributed earnings to common shareholders	$	38,333	$	33,407
Undistributed earnings allocated to common shareholders	59,997		44,524
Total common shareholders earnings, diluted	$	98,329	$	77,932
Weighted average common shares outstanding	165,228		149,855
Effect of dilutive common stock awards	1,377		1,436
Diluted weighted average common shares outstanding	166,604		151,292
Basic earnings per common share	$	0.60	$	0.52
Diluted earnings per common share	$	0.59	$	0.52