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EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2024
EARNINGS PER COMMON SHARE  
Schedule of reconciliation of numerators and denominators of basic and diluted EPS

Three Months Ended

Six Months Ended

June 30, 

June 30, 

(In thousands except share and per share amounts)

    

2024

    

2023

    

2024

    

2023

Net income available to common stockholders

$

16,657

$

25,676

$

32,527

$

61,158

Less: Dividends paid and earnings allocated to participating securities

 

(292)

 

(417)

 

(549)

 

(806)

Income attributable to common stock

$

16,365

$

25,259

$

31,978

$

60,352

Weighted-average common shares outstanding, including participating securities

 

39,044,218

 

38,805,966

 

38,964,033

 

38,687,941

Less: weighted-average participating securities

 

(714,733)

 

(629,973)

 

(671,780)

 

(523,582)

Weighted-average common shares outstanding

 

38,329,485

 

38,175,993

 

38,292,253

 

38,164,359

Basic EPS

$

0.43

$

0.66

$

0.84

$

1.58

 

  

 

  

 

  

 

  

Income attributable to common stock

$

16,365

$

25,259

$

31,978

$

60,352

Weighted-average common shares outstanding

 

38,329,485

 

38,175,993

 

38,292,253

 

38,164,359

Weighted-average common equivalent shares outstanding

 

 

 

 

Weighted-average common and equivalent shares outstanding

 

38,329,485

 

38,175,993

 

38,292,253

 

38,164,359

Diluted EPS

$

0.43

$

0.66

$

0.84

$

1.58