EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2023

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)	2023		2022
Net income	$	147	$	53
Less: Preferred stock dividends	2		2
Net income available to common stockholders	$	145	$	51
Basic weighted average common shares outstanding	360,858,904		344,352,853
Net effect of dilutive stock options and restricted stock	4,071,384		4,573,193
Diluted weighted average common shares outstanding	364,930,288		348,926,046
Earnings per common share:
Basic	$	0.40	$	0.15
Diluted	$	0.40	$	0.15