Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Summary of Earnings Per Common Share

Earnings per common share are calculated as follows:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(unaudited, in thousands, except shares and per share amounts)	2022		2021		2022		2021
Numerator for both basic and diluted earnings per common share:
Net income available to common shareholders	$	40,217	$	68,057	$	81,807	$	138,641
Denominator:
Total average basic common shares outstanding		60,036,103		66,894,398		60,736,858		67,078,036
Effect of dilutive stock options and other stock compensation		149,104		172,194		162,412		161,512
Total diluted average common shares outstanding		60,185,207		67,066,592		60,899,270		67,239,548
Earnings per common share - basic	$	0.67	$	1.02	$	1.35	$	2.07
Earnings per common share - diluted	$	0.67	$	1.01	$	1.34	$	2.06