Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Schedule of Calculation of Basic and Diluted Earnings Per Share

The following table presents the calculation of basic and diluted earnings per share for the periods indicated.

	Three Months Ended March 31,
(In thousands, except per share data)	2018			2017
Earnings per common share - basic:
Net income	$	63,621		$	50,473
Less: Preferred stock dividends	3,598			3,599
Less: Dividends and undistributed earnings allocated to unvested restricted shares	639			346
Net income allocated to common shareholders - basic	$	59,384		$	46,528
Weighted average common shares outstanding	53,616			46,123
Earnings per common share - basic	1.11			1.01
Earnings per common share - diluted:
Net income allocated to common shareholders - basic	$	59,384		$	46,528
Adjustment for undistributed earnings allocated to unvested restricted shares	(18		)	(37		)
Net income allocated to common shareholders - diluted	$	59,366		$	46,491
Weighted average common shares outstanding	53,616			46,123
Dilutive potential common shares	351			373
Weighted average common shares outstanding - diluted	53,967			46,496
Earnings per common share - diluted	$	1.10		$	1.00