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EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Earning Per Share [Table Text Block]

The calculations of earnings per common share for the quarters and six-month periods ended June 30, 2021 and 2020 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Six-Month Period Ended

 

 

June 30,

 

June 30,

 

 

2021

 

2020

 

2021

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands, except per share information)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

70,558

 

$

21,256

 

$

131,708

 

$

23,522

Less: Preferred stock dividends

 

(669)

 

 

(669)

 

 

(1,338)

 

 

(1,338)

Net income attributable to common stockholders

$

69,889

 

$

20,587

 

$

130,370

 

$

22,184

Weighted-Average Shares:

 

 

 

 

 

 

 

 

 

 

 

 

Average common shares outstanding

 

213,574

 

 

216,920

 

 

215,294

 

 

216,853

 

Average potential dilutive common shares

 

1,035

 

 

650

 

 

1,139

 

 

589

 

Average common shares outstanding - assuming dilution

 

214,609

 

 

217,570

 

 

216,433

 

 

217,442

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.33

 

$

0.09

 

$

0.61

 

$

0.10

 

Diluted

$

0.33

 

$

0.09

 

$

0.60

 

$

0.10