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Equity (Tables) | 3 Months Ended
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Mar. 31, 2023
Equity [Abstract] |
Changes to Accumulated Other Comprehensive Income by Component | The following table provides a summary of changes to Accumulated other comprehensive income (loss) by component for the three months ended March 31, 2023 and 2022. Table 18.1 – Changes in Accumulated Other Comprehensive Income (Loss) by Component
|  | Three Months Ended March 31, 2023 |  | Three Months Ended March 31, 2022
(In Thousands) |  | Available-for-Sale Securities |  | Interest Rate Agreements Accounted for as Cash Flow Hedges |  | Available-for-Sale Securities |  | Interest Rate Agreements Accounted for as Cash Flow Hedges
Balance at beginning of period |  | $ | 3,435 |  |  | $ | (72,303) |  |  | $ | 67,503 |  |  | $ | (76,430) |
Other comprehensive income (loss) before reclassifications |  | 5,007 |  |  | — |  |  | (17,873) |  |  | — |
Amounts reclassified from other accumulated comprehensive income (loss) |  | (193) |  |  | 1,018 |  |  | (692) |  |  | 1,018 |
Net current-period other comprehensive income (loss) |  | 4,814 |  |  | 1,018 |  |  | (18,565) |  |  | 1,018 |
Balance at End of Period |  | $ | 8,249 |  |  | $ | (71,285) |  |  | $ | 48,938 |  |  | $ | (75,412) |
Reclassifications out of Accumulated Other Comprehensive Income | The following table provides a summary of reclassifications out of Accumulated other comprehensive income (loss) for the three months ended March 31, 2023 and 2022. Table 18.2 – Reclassifications Out of Accumulated Other Comprehensive Income (Loss)
|  |  |  | Amount Reclassified From Accumulated Other Comprehensive (Loss)
|  | Affected Line Item in the |  | Three Months Ended March 31,
(In Thousands) |  | Income Statement |  | 2023 |  | 2022
Net Realized (Gain) Loss on AFS Securities |  |  |  |  |  |
Increase (decrease) in allowance for credit losses on AFS securities |  | Investment fair value changes, net |  | $ | 28 |  |  | $ | 705 |
Gain on sale of AFS securities |  | Realized gains, net |  | (221) |  |  | (1,397) |
|  |  |  | $ | (193) |  |  | $ | (692) |
Net Realized Loss on Interest Rate Agreements Designated as Cash Flow Hedges |  |  |  |  |  |
Amortization of deferred loss |  | Interest expense |  | $ | 1,018 |  |  | $ | 1,018 |
|  |  |  | $ | 1,018 |  |  | $ | 1,018 |
Basic and Diluted Earnings Per Common Share | The following table provides the basic and diluted earnings per common share computations for the three months ended March 31, 2023 and 2022. Table 18.3 – Basic and Diluted Earnings per Common Share
|  | Three Months Ended March 31, |  |
(In Thousands, except Share Data) |  | 2023 |  | 2022 |  |  |  |
Basic Earnings per Common Share: |  |  |  |  |  |  |  |
Net income available to common stockholders |  | $ | 3,201 |  |  | $ | 30,915 |  |  |  |  |
Less: Dividends and undistributed earnings allocated to participating securities |  | (1,404) |  |  | (1,209) |  |  |  |  |
Net income allocated to common stockholders |  | $ | 1,797 |  |  | $ | 29,706 |  |  |  |  |
Basic weighted average common shares outstanding |  | 113,678,911 |  |  | 119,884,172 |  |  |  |  |
Basic Earnings per Common Share |  | $ | 0.02 |  |  | $ | 0.25 |  |  |  |  |
Diluted Earnings per Common Share: |  |  |  |  |  |  |  |
Net income available to common stockholders |  | $ | 3,201 |  |  | $ | 30,915 |  |  |  |  |
Less: Dividends and undistributed earnings allocated to participating securities |  | (1,404) |  |  | (1,348) |  |  |  |  |
Add back: Interest expense on convertible notes for the period, net of tax |  | — |  |  | 4,582 |  |  |  |  |
Net income allocated to common stockholders |  | $ | 1,797 |  |  | $ | 34,149 |  |  |  |  |
Weighted average common shares outstanding |  | 113,678,911 |  |  | 119,884,172 |  |  |  |  |
Net effect of dilutive equity awards |  | 455,645 |  |  | 290,831 |  |  |  |  |
Net effect of assumed convertible notes conversion to common shares |  | — |  |  | 20,331,154 |  |  |  |  |
Diluted weighted average common shares outstanding |  | 114,134,556 |  |  | 140,506,157 |  |  |  |  |
Diluted Earnings per Common Share |  | $ | 0.02 |  |  | $ | 0.24 |  |  |  |  |

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