For the Year Ended December 31,

2022

2021

2020

(Dollars in thousands, except per share data)

Net income applicable to common shares:

Net income from continuing operations

$

186,511

$

145,531

$

8,861

Net income from discontinued operations

13,248

9,134

13,877

Total net income

$

199,759

$

154,665

$

22,738

Average number of common shares outstanding

179,529,613

186,713,020

186,663,593

Less: Average unallocated ESOP shares

(14,019,256)

(14,520,684)

(14,851,058)

Average number of common shares outstanding used to calculate basic earnings per common share

165,510,357

172,192,336

171,812,535

Common stock equivalents - restricted stock awards and units

138,214

59,721

—

Average number of common shares outstanding used to calculate diluted earnings per common share

165,648,571

172,252,057

171,812,535

Basic earnings per share

Basic earnings per share from continuing operations

$

1.13

$

0.85

$

0.05

Basic earnings per share from discontinued operations

0.08

0.05

0.08

Basic earnings per share

$

1.21

$

0.90

$

0.13

Diluted earnings per share

Diluted earnings per share from continuing operations

$

1.13

$

0.85

$

0.05

Diluted earnings per share from discontinued operations

0.08

0.05

0.08

Diluted earnings per share

$

1.21

$

0.90

$

0.13