Earnings per Common Share (Tables)

12 Months Ended

Dec. 31, 2016

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:    

Year Ended December 31	2016		2015		2014
(dollars in thousands, except per share data)
Net income	$	170,891	$	159,649	$	144,050
Less: Preferred stock dividends		8,041		8,041		8,352
Net income available to common stockholders	$	162,850	$	151,608	$	135,698
Basic weighted average common shares outstanding		206,244,498		174,971,785		167,347,906
Net effect of dilutive stock options, warrants and restricted stock		1,524,111		1,367,168		1,730,939
Diluted weighted average common shares outstanding		207,768,609		176,338,953		169,078,845
Earnings per common share:
Basic	$	0.79	$	0.87	$	0.81
Diluted	$	0.78	$	0.86	$	0.80

Schedule of Average Shares Excluded from Diluted Earnings Per Common Share Calculation

The following table shows the average shares excluded from the above calculation as their effect would have been anti-dilutive:

Year Ended December 31	2016		2015		2014
Average shares excluded from the diluted earnings per common share calculation		9,980		18,167		35,442