Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

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, 2024		June 30, 2023
Basic
Net income	$	41,905	$	57,636
Less: dividends and undistributed earnings allocated to participating securities	(786)		(995)
Net income allocated to common stockholders	$	41,119	$	56,641
Weighted average common shares outstanding	94,628,201		94,166,083
Basic earnings per common share	$	0.43	$	0.60
Diluted
Net income allocated to common stockholders	$	41,119	$	56,641
Weighted average common shares outstanding	94,628,201		94,166,083
Dilutive effect of share-based compensation	88,004		49,884
Weighted average diluted common shares	94,716,205		94,215,967
Diluted earnings per common share	$	0.43	$	0.60

	Six Months Ended
(Dollars in thousands, except per share data)	June 30, 2024		June 30, 2023
Basic
Net income	$	88,930	$	120,198
Less: dividends and undistributed earnings allocated to participating securities	(1,570)		(1,829)
Net income allocated to common stockholders	$	87,360	$	118,369
Weighted average common shares outstanding	94,489,230		94,012,799
Basic earnings per common share	$	0.92	$	1.26
Diluted
Net income allocated to common stockholders	$	87,360	$	118,369
Weighted average common shares outstanding	94,489,230		94,012,799
Dilutive effect of share-based compensation	108,329		179,542
Weighted average diluted common shares	94,597,559		94,192,341
Diluted earnings per common share	$	0.92	$	1.26