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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share

Schedule of computation of earnings per share


		Year Ended December 31,
		2023								2022								2021
					Weighted-		Per						Weighted-		Per						Weighted-		Per
		Net			Average		Share			Net			Average		Share			Net			Average		Share
		Income			Shares		Amount			Income			Shares		Amount			Income			Shares		Amount
		(In thousands)								(In thousands)									(In thousands)
Net income		$	279,234							$	219,721							$	227,104
Dividends on preferred stock			(34,670)								(25,983)								(20,873)
Net income allocated to common shareholders		$	244,564							$	193,738							$	206,231
Basic earnings per share					43,224,042		$	5.66					43,164,477		$	4.49					43,172,078		$	4.78
Effect of dilutive securities—restricted stock awards					121,757								152,427								153,225
Diluted earnings per share					43,345,799		$	5.64					43,316,904		$	4.47					43,325,303		$	4.76