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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of company's unaudited earnings per share calculations
The following tables set forth the Corporation’s earnings per share calculations for the periods indicated:
 Three Months Ended
(Dollars in thousands, except per share data)September 30, 2021June 30, 2021September 30, 2020
Basic
Net income $90,088 $96,302 $66,566 
Less: dividends and undistributed earnings allocated to participating securities(937)(1,034)(612)
Net income allocated to common stockholders$89,151 $95,268 $65,954 
Weighted average common shares outstanding93,549,639 93,635,392 93,529,967 
Basic earnings per common share$0.95 $1.02 $0.71 
Diluted
Net income allocated to common stockholders$89,151 $95,268 $65,954 
Weighted average common shares outstanding93,549,639 93,635,392 93,529,967 
Diluted effect of share-based compensation511,085 582,636 189,200 
Weighted average diluted common shares94,060,724 94,218,028 93,719,167 
Diluted earnings per common share$0.95 $1.01 $0.70 
 Nine Months Ended
(Dollars in thousands, except per share data)September 30, 2021September 30, 2020
Basic
Net income (loss)$255,058 $(6,785)
Less: dividends and undistributed earnings allocated to participating securities(2,641)(564)
Net income (loss) allocated to common stockholders$252,417 $(7,349)
Weighted average common shares outstanding93,571,468 74,391,688 
Basic earnings (loss) per common share$2.70 $(0.10)
Diluted
Net income (loss) allocated to common stockholders$252,417 $(7,349)
Weighted average common shares outstanding93,571,468 74,391,688 
Diluted effect of share-based compensation518,939 — 
Weighted average diluted common shares94,090,407 74,391,688 
Diluted earnings (loss) per common share$2.68 $(0.10)