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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per common share
The computations of basic and diluted earnings per common share were as follows:
 
Year Ended December 31,
(Dollars in thousands, except per share data)
2018
 
2017
 
2016
Basic Earnings Per Common Share:
 

 
 

 
 
Net income attributable to TCF Financial Corporation
$
304,358

 
$
268,637

 
$
212,124

Preferred stock dividends
11,588

 
19,904

 
19,388

Impact of preferred stock redemption(1)
3,481

 
5,779

 

Net income available to common stockholders
289,289

 
242,954

 
192,736

Less: Earnings allocated to participating securities
42

 
42

 
49

Earnings allocated to common stock
$
289,247

 
$
242,912

 
$
192,687

Weighted-average common shares outstanding used in basic earnings per common share calculation
165,585,493

 
168,679,501

 
167,219,964

Basic earnings per common share
$
1.75

 
$
1.44

 
$
1.15

 
 
 
 
 
 
Diluted Earnings Per Common Share:
 

 
 

 
 
Earnings allocated to common stock
$
289,247

 
$
242,912

 
$
192,687

Weighted-average common shares outstanding used in basic earnings per common share calculation
165,585,493

 
168,679,501

 
167,219,964

Net dilutive effect of:
 

 
 

 
 

Non-participating restricted stock
600,884

 
353,610

 
505,162

Stock options
2,332

 
28,625

 
82,325

Warrants
372,996

 
27,508

 

Weighted-average common shares outstanding used in diluted earnings per common share calculation
166,561,705

 
169,089,244

 
167,807,451

Diluted earnings per common share
$
1.74

 
$
1.44

 
$
1.15


(1)
Amounts represent the deferred stock issuance costs originally recorded in preferred stock that were reclassified to retained earnings.