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Net Income Per Common Share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Income Per Common Share NET INCOME PER COMMON SHARE
Basic and diluted net income per common share are calculated using the two-class method. Net income applicable to common shares is divided by the weighted-average number of common shares outstanding during the period. Adjustments to the weighted-average number of common shares outstanding are made only when such adjustments will dilute net income per common share. Net income applicable to common shares is then divided by the weighted-average number of common shares and common share equivalents during the period.
The following table presents the calculation of basic and diluted net income per common share:
Three Months Ended
June 30,		Six Months Ended
June 30,
(dollars and shares in thousands, except per share data)2024202320242023
Net income$121,229 $155,036 $241,513 $301,636 
Preferred dividends(4,033)(4,033)(8,067)(8,067)
Net income applicable to common shares$117,196 $151,003 $233,446 $293,569 
Weighted average common shares outstanding:
Weighted average common shares outstanding (basic)315,585 290,559 303,283 290,822 
Effect of dilutive securities:
Restricted stock876 707 924 1,047 
Stock appreciation rights— — — 1 
Weighted average diluted shares outstanding316,461 291,266 304,207 291,870 
Basic Net Income Per Common Share$0.37 $0.52 $0.77 $1.01 
Diluted Net Income Per Common Share$0.37 $0.52 $0.77 $1.01