Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2021

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)	2021		2020		2021		2020
Numerator for both basic and diluted earnings per common share:
Net income available to common shareholders	$	68,057	$	4,488	$	138,641	$	27,884
Denominator:
Total average basic common shares outstanding		66,894,398		67,104,628		67,078,036		67,295,589
Effect of dilutive stock options and other stock compensation		172,194		77,127		161,512		114,871
Total diluted average common shares outstanding		67,066,592		67,181,755		67,239,548		67,410,460
Earnings per common share - basic	$	1.02	$	0.07	$	2.07	$	0.41
Earnings per common share - diluted	$	1.01	$	0.07	$	2.06	$	0.41