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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings Per Share
The following table presents the calculation of basic and diluted earnings per share for the periods indicated.
 
 
Three Months Ended March 31,
(In thousands, except per share data)
2016
 
2015
Earnings per common share - basic
 
 
 
Net income
$
42,769

 
$
25,126

Preferred stock dividends
(2,576
)
 
—

Dividends and undistributed earnings allocated to unvested restricted shares
(460
)
 
(324
)
Earnings allocated to common shareholders - basic
$
39,733

 
$
24,802

Weighted average common shares outstanding
40,711

 
33,168

Earnings per common share - basic
$
0.98

 
$
0.75

Earnings per common share - diluted
 
 
 
Earnings allocated to common shareholders - basic
$
39,733

 
$
24,802

Dividends and undistributed earnings allocated to unvested restricted shares
(2
)
 
(20
)
Earnings allocated to common shareholders - diluted
$
39,731

 
$
24,782

Weighted average common shares outstanding
40,711

 
33,168

Dilutive potential common shares - stock options
54

 
67

Weighted average common shares outstanding - diluted
40,765

 
33,235

Earnings per common share - diluted
$
0.97

 
$
0.75