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Stockholders' Equity and EPS (Tables)
 9 Months Ended
Sep. 30, 2020
Equity and Earnings Per Share [Abstract]  
Reclassification out of Accumulated Other Comprehensive Income
The following table summarizes the items reclassified out of accumulated other comprehensive income into the Consolidated Statements of Income (unaudited) for the three and nine months ended September 30, 2020 and 2019:
 Three months ended September 30,Nine months ended September 30,
(Dollars in thousands)Income Statement Location2020201920202019
Reclassification adjustment for (gains) losses on available-for-sale securities included in net income
Gains on investment securities, net
$— $— $(61,165)$3,905 
Related tax expense (benefit)Income tax expense— — 16,953 (1,087)
Reclassification adjustment for (gains) losses on cash flow hedges included in net income
Net interest income
(16,004)2,713 (33,924)3,224 
Related tax expense (benefit)Income tax expense4,436 (755)9,403 (897)
Total reclassification adjustment for (gains) losses included in net income, net of tax$(11,568)$1,958 $(68,733)$5,145 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The table below summarizes the activity relating to net gains and losses on our cash flow hedges included in accumulated other comprehensive income for the three and nine months ended September 30, 2020 and 2019. Refer to Note 11 — “Derivative Financial Instruments” of the “Notes to Interim Consolidated Financial Statements (unaudited)” under Part I, Item 1 of this report for additional information regarding the termination of our cash flow hedges during the quarter ended March 31, 2020. Over the next 12 months, we expect that approximately $63.5 million in accumulated other comprehensive income ("AOCI") at September 30, 2020, related to unrealized gains will be reclassified out of AOCI and recognized in net income.
 Three months ended September 30,Nine months ended September 30,
(Dollars in thousands)2020201920202019
Balance, beginning of period, net of tax
$152,556 $13,828 $(2,130)$— 
Net increase in fair value, net of tax— 7,077 167,639 20,536 
Net realized (gain) loss reclassified to net income, net of tax(11,568)1,958 (24,521)2,327 
Balance, end of period, net of tax
$140,988 $22,863 $140,988 $22,863 
Reconciliation of Basic EPS to Diluted EPS
The following is a reconciliation of basic EPS to diluted EPS for the three and nine months ended September 30, 2020 and 2019:
 Three months ended September 30,Nine months ended September 30,
(Dollars and shares in thousands, except per share amounts)2020201920202019
Numerator:
Net income available to common stockholders$441,713 $267,281 $802,901 $874,000 
Denominator:
Weighted average common shares outstanding—basic 51,773 51,545 51,640 52,025 
Weighted average effect of dilutive securities:
Stock options and ESPP141 203 147 238 
Restricted stock units and awards232 110 163 168 
Weighted average common shares outstanding—diluted52,146 51,858 51,950 52,431 
Earnings per common share:
Basic$8.53 $5.19 $15.55 $16.80 
Diluted 8.47 5.15 15.46 16.67 
Schedule of Antidilutive Securities Excluded from Computation of Earnings per Share
The following table summarizes the weighted-average common shares excluded from the diluted EPS calculation due to the antidilutive effect for the three and nine months ended September 30, 2020 and 2019:
 Three months ended September 30,Nine months ended September 30,
(Shares in thousands)2020201920202019
Stock options319 213 269 154 
Restricted stock units55 432 83 294 
Total374 645 352 448 
Schedule of Stock by Class
The following table summarizes our preferred stock at September 30, 2020:
SeriesDescriptionAmount outstanding (in millions)Carrying value
(in millions)		Shares issued and outstandingPar ValueOwnership interest per depository shareLiquidation preference per depository share2020 dividends paid per depository share
Series A5.250% Fixed-Rate Non-Cumulative Perpetual Preferred Stock$350 $340.1 350,000$0.001 1/40th$25 $0.90