Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 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 September 30,
	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	$	23,297				$	25,019
Less: income allocated to participating securities	(67)					(119)
Basic EPS per common share	$	23,230	28,857,111	$	0.81	$	24,900	29,542,001	$	0.84
Diluted EPS:
Net income	$	23,297	28,857,111			$	25,019	29,542,001
Effect of Dilutive Securities	—		82,907			—		142,104
Diluted EPS per common share	$	23,297	28,940,018	$	0.81	$	25,019	29,684,105	$	0.84

	For the Nine Months Ended September 30,
	2020					2019
($ in thousands except per share amounts)	Income (Numerator)		Shares (Denominator)	Per Share Amount		Income (Numerator)		Shares (Denominator)	Per Share Amount
Basic EPS:
Net income	$	57,829				$	71,163
Less: income allocated to participating securities	$	(279)				$	(329)
Basic EPS per common share	$	57,550	28,962,576	$	1.99	$	70,834	29,585,383	$	2.39
Diluted EPS:
Net income	$	57,829	28,962,576			$	71,163	29,585,383
Effect of Dilutive Securities	—		140,377			—		174,076
Diluted EPS per common share	$	57,829	29,102,953	$	1.99	$	71,163	29,759,459	$	2.39