Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share Basic And Diluted

The following table summarizes the calculation of basic and diluted earnings per common share:

	Years ended December 31,
(In thousands, except per share data)	2022		2021		2020
Net income	$	644,283	$	408,864	$	220,621
Less: Preferred stock dividends	15,919		7,875		7,875
Net income available to common stockholders	628,364		400,989		212,746
Less: Earnings allocated to participating securities	5,672		2,302		1,272
Earnings applicable to common stockholders	$	622,692	$	398,687	$	211,474
Weighted-average common shares outstanding - basic	167,452		89,983		89,967
Add: Effect of dilutive stock options and restricted stock	95		223		184
Weighted-average common shares outstanding - diluted	167,547		90,206		90,151
Basic earnings per common share	$	3.72	$	4.43	$	2.35
Diluted earnings per common share	3.72		4.42		2.35