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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2020
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)
2020
 
2019
Earnings Per Common Share - Basic:
 
 
 
Net income
$
36,425

 
$
100,131

Preferred stock dividends
(3,598
)
 
(3,598
)
Dividends and undistributed earnings allocated to unvested restricted shares
(367
)
 
(933
)
Earnings allocated to common shareholders - basic
$
32,460

 
$
95,600

Weighted average common shares outstanding
51,979

 
54,177

Earnings per common share - basic
$
0.62

 
$
1.76

Earnings Per Common Share - Diluted:
 
 
 
Earnings allocated to common shareholders - basic
$
32,460

 
$
95,600

Adjustment for undistributed earnings allocated to unvested restricted shares
(3
)
 
(42
)
Earnings allocated to common shareholders - diluted
$
32,457

 
$
95,558

Weighted average common shares outstanding
51,979

 
54,177

Dilutive potential common shares
217

 
362

Weighted average common shares outstanding - diluted
52,196

 
54,539

Earnings per common share - diluted
$
0.62

 
$
1.75