EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share:

TABLE 16.1

	Three Months Ended March 31,
(dollars in millions, except per share data)	2022		2021
Net income	$	53	$	93
Less: Preferred stock dividends	2		2
Net income available to common stockholders	$	51	$	91
Basic weighted average common shares outstanding	344,352,853		320,975,209
Net effect of dilutive stock options, warrants and restricted stock	4,573,193		3,769,650
Diluted weighted average common shares outstanding	348,926,046		324,744,859
Earnings per common share:
Basic	$	0.15	$	0.28
Diluted	$	0.15	$	0.28