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EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earning Per Share [Table Text Block]

 

The calculations of earnings per common share for the quarters and six-month periods ended June 30, 2019 and 2018 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Six-Month Period Ended

 

 

June 30,

 

June 30,

 

 

2019

 

2018

 

2019

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands, except per share information)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

41,287

 

$

31,032

 

$

84,601

 

$

64,180

Less: Preferred stock dividends

 

(669)

 

 

(669)

 

 

(1,338)

 

 

(1,338)

Net income attributable to common stockholders

$

40,618

 

$

30,363

 

$

83,263

 

$

62,842

Weighted-Average Shares:

 

 

 

 

 

 

 

 

 

 

 

Average common shares outstanding

 

216,674

 

 

215,737

 

 

216,507

 

 

215,194

Average potential dilutive common shares

 

304

 

 

929

 

 

458

 

 

1,289

Average common shares outstanding - assuming dilution

 

216,978

 

 

216,666

 

 

216,965

 

 

216,483

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.19

 

$

0.14

 

$

0.38

 

$

0.29

Diluted

$

0.19

 

$

0.14

 

$

0.38

 

$

0.29