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Earnings Per Common Share (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Weighted Average Number of Common Shares Used in the Calculation of Basic and Diluted Earnings Per Common Share and Antidilutive Stock Options and Restricted Stock Outstanding Earnings per common share is computed using the two-class method.  The following is a reconciliation of the weighted average number of common shares used in the calculation of basic and diluted earnings per common share and antidilutive stock options and restricted stock outstanding for the three and nine months ended September 30, 2022, and September 30, 2021:

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

(dollars in thousands, except shares and per share amounts)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income Available to Common Shareholders

 

$

50,832

 

 

$

61,047

 

 

$

158,589

 

 

$

188,529

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Common Shares Outstanding - Basic

 

 

39,567,047

 

 

 

39,881,437

 

 

 

39,670,409

 

 

 

39,870,450

 

Dilutive Effect of Equity Based Awards

 

 

191,162

 

 

 

199,482

 

 

 

178,386

 

 

 

218,449

 

Weighted Average Common Shares Outstanding - Diluted

 

 

39,758,209

 

 

 

40,080,919

 

 

 

39,848,795

 

 

 

40,088,899

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.28

 

 

$

1.53

 

 

$

4.00

 

 

$

4.73

 

Diluted

 

$

1.28

 

 

$

1.52

 

 

$

3.98

 

 

$

4.70

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Antidilutive Stock Options and Restricted Stock Outstanding

 

 

—

 

 

 

47,087

 

 

 

—

 

 

 

44,217