Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2025

Earnings Per Share [Abstract]

Basic and Diluted Net Income Per Common Share

Basic and diluted net income per common share are calculated as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
	(Dollars in thousands, except per share data)
(Numerator)
Income available to common stockholders	$	62,347	$	50,641	$	118,459	$	100,975
(Denominator)
Weighted average shares outstanding for basic earnings per common share		33,255,015		33,001,180		33,243,963		32,974,582
Dilutive effect of stock compensation		540,228		523,881		538,106		545,665
Weighted-average shares outstanding for diluted earnings per common share		33,795,243		33,525,061		33,782,069		33,520,247
Basic earnings per share	$	1.87	$	1.53	$	3.56	$	3.06
Diluted earnings per share	$	1.85	$	1.51	$	3.51	$	3.01

Average Exercise Price of Options And RSUs Excluded from Computation of Diluted Net Income Per Common Share

The following table shows the number of options and RSU's that were excluded from the computation of diluted net income per common share for each period because they were anti-dilutive for the period:

	Shares
Three Months Ended June 30, 2025		35,492
Three Months Ended June 30, 2024		260,548
Six Months Ended June 30, 2025		35,421
Six Months Ended June 30, 2024		262,251