Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Calculations for basic and diluted earnings per common share

Presented below are the calculations for basic and diluted earnings per common share:

	Three Months Ended Mar 31,
(In Thousands, except per share data)	2022		2021
Net income	$	74,262	$	94,301
Preferred stock dividends	(2,875)		(5,207)
Net income available to common equity	$	71,387	$	89,094
Common shareholder dividends	(30,372)		(27,661)
Unvested share-based payment awards	(211)		(209)
Undistributed earnings	$	40,804	$	61,224
Undistributed earnings allocated to common shareholders	$	40,548	$	60,836
Undistributed earnings allocated to unvested share-based payment awards	256		387
Undistributed earnings	$	40,804	$	61,224
Basic
Distributed earnings to common shareholders	$	30,372	$	27,661
Undistributed earnings allocated to common shareholders	40,548		60,836
Total common shareholders earnings, basic	$	70,920	$	88,497
Diluted
Distributed earnings to common shareholders	$	30,372	$	27,661
Undistributed earnings allocated to common shareholders	40,548		60,836
Total common shareholders earnings, diluted	$	70,920	$	88,497
Weighted average common shares outstanding	148,781		152,355
Effect of dilutive common stock awards	1,711		1,333
Diluted weighted average common shares outstanding	150,492		153,688
Basic earnings per common share	$	0.48	$	0.58
Diluted earnings per common share	$	0.47	$	0.58