Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of company's unaudited earnings per share calculations

The following tables set forth the Corporation’s earnings per share calculations for the periods indicated:

	Three Months Ended
(Dollars in thousands, except per share data)	June 30, 2022		March 31, 2022		June 30, 2021
Basic
Net income	$	69,803	$	66,904	$	96,302
Less: dividends and undistributed earnings allocated to participating securities	(867)		(685)		(1,034)
Net income allocated to common stockholders	$	68,936	$	66,219	$	95,268
Weighted average common shares outstanding	93,765,264		93,499,695		93,635,392
Basic earnings per common share	$	0.74	$	0.71	$	1.02
Diluted
Net income allocated to common stockholders	$	68,936	$	66,219	$	95,268
Weighted average common shares outstanding	93,765,264		93,499,695		93,635,392
Diluted effect of share-based compensation	275,427		446,379		582,636
Weighted average diluted common shares	94,040,691		93,946,074		94,218,028
Diluted earnings per common share	$	0.73	$	0.70	$	1.01

	Six Months Ended
(Dollars in thousands, except per share data)	June 30, 2022		June 30, 2021
Basic
Net income	$	136,707	$	164,970
Less: dividends and undistributed earnings allocated to participating securities	(1,545)		(1,672)
Net income allocated to common stockholders	$	135,162	$	163,298
Weighted average common shares outstanding	93,633,213		93,582,563
Basic earnings per common share	$	1.44	$	1.74
Diluted
Net income allocated to common stockholders	$	135,162	$	163,298
Weighted average common shares outstanding	93,633,213		93,582,563
Diluted effect of share-based compensation	349,844		573,177
Weighted average diluted common shares	93,983,057		94,155,740
Diluted earnings per common share	$	1.44	$	1.73