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Nature of Operations and Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Estimated Useful Lives for Book Purposes | The assets’ estimated useful lives for book purposes are as follows:
Bank premises | 15-40 years
Furniture, fixtures, and equipment | 3-15 years
Computation of Basic and Diluted Earnings per Common Share (EPS) | The following table sets forth the computation of basic and diluted earnings per share (EPS) for the years ended December 31:
| 2023 |  | 2022 |  | 2021
| (In thousands, except per share data)
Net income | $ | 392,929 |  |  | $ | 305,262 |  |  | $ | 319,021 |
Average common shares outstanding | 202,627 |  |  | 194,694 |  |  | 164,501 |
Effect of common stock options | 146 |  |  | 325 |  |  | 357 |
Diluted common shares outstanding | 202,773 |  |  | 195,019 |  |  | 164,858 |
Basic earnings per common share | $ | 1.94 |  |  | $ | 1.57 |  |  | $ | 1.94 |
Diluted earnings per common share | $ | 1.94 |  |  | $ | 1.57 |  |  | $ | 1.94 |

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