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Earnings Per Common Share
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share
Earnings per common share is computed using the two-class method as more fully described in our 2024 Form 10-K. The following table presents a reconciliation of net income available to common shareholders, net earnings allocated to common stock and the number of shares used in the calculation of basic and diluted earnings per common share.
Three Months Ended
March 31,
20252024
Net income$150,922 $135,690 
Less: Preferred stock dividends1,669 1,669 
Net income available to common shareholders149,253 134,021 
Less: Earnings allocated to participating securities1,445 1,639 
Net earnings allocated to common stock$147,808 $132,382 
Distributed earnings allocated to common stock$61,068 $59,080 
Undistributed earnings allocated to common stock86,740 73,302 
Net earnings allocated to common stock$147,808 $132,382 
Weighted-average shares outstanding for basic earnings per common share64,255,246 64,216,323 
Dilutive effect of stock compensation73,798 155,408 
Weighted-average shares outstanding for diluted earnings per common share64,329,044 64,371,731