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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings Per Share
The computations of basic and diluted earnings per share were as follows:
 
Three Months Ended March 31,
(in thousands, except per share data)
2019
 
2018
Earnings Per Common Share - Basic:
 
 
 
Net income
$
100,131

 
$
63,621

Less: Preferred stock dividends
3,598

 
3,598

Less: Dividends and undistributed earnings allocated to unvested restricted shares
933

 
639

Net income allocated to common shareholders - basic
$
95,600

 
$
59,384

Weighted average common shares outstanding
54,177

 
53,616

Earnings per common share - basic
1.76

 
1.11

Earnings Per Common Share - Diluted:
 
 
 
Earnings allocated to common shareholders - basic
$
95,600

 
$
59,384

Adjustment for undistributed earnings allocated to unvested restricted shares
(42
)
 
(18
)
Earnings allocated to common shareholders - diluted
$
95,558

 
$
59,366

Weighted average common shares outstanding
54,177

 
53,616

Dilutive potential common shares
362

 
351

Weighted average common shares outstanding - diluted
54,539

 
53,967

Earnings per common share - diluted
$
1.75

 
$
1.10