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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of reconciliation of the numerators and denominators used in computing Basic and Diluted Earnings Per Common Share
The following is a reconciliation of the numerators and denominators used in computing Basic and Diluted Earnings Per Common Share:
 
 
For the Three Months Ended March 31,
 
 
2020
 
2019
($ in thousands except per
share amounts)
 
Per Share
Amount
 
Shares
(Denominator)
 
Per Share
Amount
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
18,180

 
 
 
 
 
$
22,285

 
 
 
 
Less: income allocated to participating securities
 
(81
)
 
 
 
 
 

 
 
 
 
Basic EPS per common share
 
$
18,099

 
29,230,788

 
$
0.62

 
$
22,285

 
29,587,217

 
$
0.75

 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
18,180

 
29,230,788

 
 
 
$
22,285

 
29,587,217

 
 
Effect of Dilutive Securities
 

 
168,326

 
 
 

 
156,178

 
 
Diluted EPS per common share
 
$
18,180

 
29,399,114

 
$
0.62

 
$
22,285

 
29,743,395

 
$
0.75