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Stockholders' Equity (Tables) | 6 Months Ended
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Jun. 30, 2022
Equity [Abstract] |
Schedule of Common Stock Outstanding Roll Forward | A roll forward of common stock activity is presented in the following table. Number of Shares of Common Stock
| Outstanding
| Class A |  | Class B
Common stock - March 31, 2022 | 14,996,325 |  |  | 1,005,185 |
Restricted stock units vested, net of shares held to cover taxes | 877 |  |  | — |
Common stock - June 30, 2022 | 14,997,202 |  |  | 1,005,185 |
| Outstanding
| Class A |  | Class B
Common stock - December 31, 2021 | 8,811,220 |  |  | 1,005,185 |
Common stock issuance - CIT Merger | 6,140,010 |  |  | — |
Restricted stock units vested, net of shares held to cover taxes | 45,972 |  |  | — |
Common stock - June 30, 2022 | 14,997,202 |  | 14,997,202 |  | 1,005,185 |
Schedule of Preferred Stock and Depositary Shares | The following table summarizes BancShares’ non-cumulative perpetual preferred stock.
dollars in millions, except share and per share data
Preferred Stock |  | Issuance Date |  | Earliest Redemption Date |  | Par Value |  | Shares Authorized, Issued and Outstanding |  |  |  |  |  | Liquidation Preference Per Share |  | Total Liquidation Preference |  | Dividend |  | Dividend Payment Dates
Series A |  | March 12, 2020 |  | March 15, 2025 |  | $0.01 |  | 345,000 |  |  |  |  |  | $ | 1,000 |  |  | $ | 345 |  |  | 5.375% |  | Quarterly in arrears, beginning June 15, 2020
Series B |  | January 3, 2022 |  | January 4, 2027 |  | $0.01 |  | 325,000 |  |  |  |  |  | 1,000 |  |  | 325 |  | 5.8%, converting to LIBOR + 3.972% beginning June 15, 2022 |  | Semi-annually during the fixed rate period, then quarterly in arrears, beginning June 15, 2022
Series C |  | January 3, 2022 |  | January 4, 2027 |  | $0.01 |  | 8,000,000 |  |  |  |  |  | 25 |  |  | 200 |  | 5.625% |  | Quarterly in arrears, beginning March 15, 2022

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- Definition Tabular disclosure of the change in common stock outstanding. + References No definition available. + Details
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