Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

Cash Flow Information — Supplemental cash flow information addressing certain cash and noncash transactions for the three months ended March 31, 2020 and March 31, 2019 was as follows (in thousands):


	For the three months ended March 31,
	2020		2019
Cash Transactions:
Interest paid	$	77,748	$	68,403
Income taxes paid, net	620		550
Operating lease payments	3,424		3,381
Noncash Transactions:
Loans charged-off to the allowance for credit losses	11,693		6,068
Loans foreclosed upon and transferred to other real estate owned	1,800		624
Loans foreclosed upon and transferred to other assets	—		87


Available-for-sale securities transferred to held-to-maturity portfolio	873,613		—



Right-of-use asset recognized during the period in exchange for lease obligations ⁽¹⁾	716		81,249

⁽¹⁾ Includes $79.9 million recognized upon initial adoption of ASU 2016-02 on January 1, 2019.

Basic and Diluted Earnings Per Share Calculations

The following is a summary of the basic and diluted net income per share calculations for the three months ended March 31, 2020 and 2019 (in thousands, except per share data):


	Three months ended March 31,
	2020		2019
Basic net income per share calculation:
Numerator - Net income	$	28,356	$	93,960

Denominator - Weighted average common shares outstanding	75,803		76,803
Basic net income per common share	$	0.37	$	1.22

Diluted net income per share calculation:
Numerator – Net income	$	28,356	$	93,960

Denominator - Weighted average common shares outstanding	75,803		76,803
Dilutive shares contingently issuable	163		325
Weighted average diluted common shares outstanding	75,966		77,128
Diluted net income per common share	$	0.37	$	1.22