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Earnings Per Common Share (Tables) | 9 Months Ended
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Sep. 30, 2025
Earnings Per Share [Abstract] |
EPS Under Basic and Diluted Computations | The computations of basic and diluted EPS for common stock and nonvoting common stock for the three and nine months ended September 30, 2025 are as follows:
| Three Months Ended September 30, | Nine Months Ended September 30,
| 2025 | 2025
| Common Stock | Nonvoting Common Stock | Consolidated Common Stock | Common Stock | Nonvoting Common Stock | Consolidated Common Stock
Basic earnings per share: |  |  |  |  |  |
Numerator |  |  |  |  |  |
Net income | $ | 2,358 |  | $ | — |  | $ | 2,358 |  | $ | 6,373 |  | $ | 20 |  | $ | 6,393 |
Preferred stock dividends and other (1) | (81) |  | — |  | (81) |  | (342) |  | (1) |  | (343) |
Net income available to common stockholders | $ | 2,277 |  | $ | — |  | $ | 2,277 |  | $ | 6,031 |  | $ | 19 |  | $ | 6,050 |
Denominator |  |  |  |  |  |
Weighted-average common shares outstanding — basic | 1,806 |  | — |  | 1,806 |  | 1,807 |  | 51 |  | 1,815 |
Basic earnings per share | $ | 1.26 |  | $ | — |  | $ | 1.26 |  | $ | 3.33 |  | $ | .37 |  | $ | 3.33 |
Diluted earnings per share: |  |  |  |  |  |
Numerator |  |  |  |  |  |
Net income available to common stockholders | $ | 2,277 |  | $ | — |  | $ | 2,277 |  | $ | 6,031 |  | $ | 19 |  | $ | 6,050 |
Reallocation of net income available to common stockholders as a result of conversion of nonvoting to voting shares | — |  | — |  | — |  | 19 |  | — |  | — |
Allocation of net income available to common stockholders: | $ | 2,277 |  | $ | — |  | $ | 2,277 |  | $ | 6,050 |  | $ | 19 |  | $ | 6,050 |
Denominator |  |  |  |  |  |
Weighted-average common shares outstanding — basic | 1,806 |  | — |  | 1,806 |  | 1,807 |  | 51 |  | 1,815 |
Conversion of nonvoting shares to voting shares | — |  | — |  | — |  | 8 |  | — |  | — |
Common stock equivalent shares related to stock incentive plans | 5 |  | — |  | 5 |  | 5 |  | — |  | 5 |
Weighted-average common shares outstanding — diluted (2) | 1,811 |  | — |  | 1,811 |  | 1,820 |  | 51 |  | 1,820 |
Diluted earnings per share | $ | 1.26 |  | $ | — |  | $ | 1.26 |  | $ | 3.33 |  | $ | .37 |  | $ | 3.33 |
(1) Includes preferred stock dividends and undistributed earnings and dividends allocated to non-vested restricted stock units. (2) Antidilutive stock options and restricted stock units excluded from the calculation of diluted EPS totaled 9 million and 13 million for the three and nine months ended September 30, 2025, respectively. As of September 30, 2024, the Company had voting and nonvoting common stock outstanding. The computations of basic and diluted EPS for the two classes for the three and nine months ended September 30, 2024 are as follows:
| Three Months Ended September 30, | Nine Months Ended September 30,
| 2024 | 2024
| Common Stock | Nonvoting Common Stock | Common Stock | Nonvoting Common Stock
Basic earnings per share: |  |  |  |
Numerator |  |  |  |
Net income | $ | 1,369 |  | $ | 39 |  | $ | 3,988 |  | $ | 114 |
Preferred stock dividends and other (1) | (106) |  | (3) |  | (332) |  | (9) |
Net income available to common stockholders | $ | 1,263 |  | $ | 36 |  | $ | 3,656 |  | $ | 105 |
Denominator |  |  |  |
Weighted-average common shares outstanding — basic | 1,778 |  | 51 |  | 1,776 |  | 51 |
Basic earnings per share | $ | .71 |  | $ | .71 |  | $ | 2.06 |  | $ | 2.06 |
Diluted earnings per share: |  |  |  |
Numerator |  |  |  |
Net income available to common stockholders | $ | 1,263 |  | $ | 36 |  | $ | 3,656 |  | $ | 105 |
Reallocation of net income available to common stockholders as a result of conversion of nonvoting to voting shares | 36 |  | — |  | 105 |  | — |
Allocation of net income available to common stockholders: | $ | 1,299 |  | $ | 36 |  | $ | 3,761 |  | $ | 105 |
Denominator |  |  |  |
Weighted-average common shares outstanding — basic | 1,778 |  | 51 |  | 1,776 |  | 51 |
Conversion of nonvoting shares to voting shares | 51 |  | — |  | 51 |  | — |
Common stock equivalent shares related to stock incentive plans | 5 |  | — |  | 6 |  | — |
Weighted-average common shares outstanding — diluted (2) | 1,834 |  | 51 |  | 1,833 |  | 51 |
Diluted earnings per share | $ | .71 |  | $ | .71 |  | $ | 2.05 |  | $ | 2.05 |
(1) Includes preferred stock dividends and undistributed earnings and dividends allocated to non-vested restricted stock units. (2) Antidilutive stock options and restricted stock units excluded from the calculation of diluted EPS totaled 14 million and 18 million for the three and nine months ended September 30, 2024, respectively.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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