Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The table below displays the calculation of basic and diluted earnings per common share ("EPS").

Basic and Diluted EPS

(Amounts in thousands, except per share data)

	Quarters Ended   September 30,				Nine Months Ended   September 30,
	2021		2020		2021		2020
Net income	$	54,863	$	27,623	$	151,007	$	66,293
Preferred dividends	(4,033)		(4,033)		(12,101)		(5,070)
Net income applicable to unvested restricted shares	(517)		(236)		(1,524)		(615)
Net income applicable to common shares	$	50,313	$	23,354	$	137,382	$	60,608
Weighted-average common shares outstanding:
Weighted-average common shares outstanding (basic)	112,898		113,160		112,953		112,079
Dilutive effect of common stock equivalents	878		276		789		322
Weighted-average diluted common shares outstanding	113,776		113,436		113,742		112,401
Basic EPS	$	0.45	$	0.21	$	1.22	$	0.54
Diluted EPS	$	0.44	$	0.21	$	1.21	$	0.54