Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The following table shows the calculation of basic and diluted earnings per share:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except share data and per share amounts)	2023		2022 (1)		2023		2022 (1)
Numerator:
Net income before attribution of noncontrolling interest (1)	$	7,046	$	8,352	$	26,988	$	22,655
Noncontrolling interest	(262)		(72)		(506)		(1,148)
Net income attributable to Amerant Bancorp Inc. (1)	$	7,308	$	8,424	$	27,494	$	23,803
Net income available to common stockholders (1)	$	7,308	$	8,424	$	27,494	$	23,803
Denominator:
Basic weighted average shares outstanding	33,564,770		33,675,930		33,562,258		34,244,797
Dilutive effect of share-based compensation awards	152,932		238,599		224,604		266,329
Diluted weighted average shares outstanding	33,717,702		33,914,529		33,786,862		34,511,126
Basic earnings per common share (1)	$	0.22	$	0.25	$	0.82	$	0.70
Diluted earnings per common share (1)	$	0.22	$	0.25	$	0.81	$	0.69

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(1)Amounts reflect the impact of the adoption of CECL effective as of January 1, 2022. See Note 1 “Business, Basis of Presentation and Summary of Significant Accounting Policies” for additional information.