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

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

(In thousands except share and per share amounts)

    

2024

    

2023

    

2024

    

2023

Net income available to common stockholders

$

11,505

$

13,163

$

44,032

$

74,321

Less: Dividends paid and earnings allocated to participating securities

 

(229)

 

(209)

 

(778)

 

(1,015)

Income attributable to common stock

$

11,276

$

12,954

$

43,254

$

73,306

Weighted-average common shares outstanding, including participating securities

 

39,147,845

 

38,821,541

 

39,025,751

 

38,732,963

Less: weighted-average participating securities

 

(781,226)

 

(617,580)

 

(708,528)

 

(555,259)

Weighted-average common shares outstanding

 

38,366,619

 

38,203,961

 

38,317,223

 

38,177,704

Basic EPS

$

0.29

$

0.34

$

1.13

$

1.92

 

  

 

  

 

  

 

  

Income attributable to common stock

$

11,276

$

12,954

$

43,254

$

73,306

Weighted-average common shares outstanding

 

38,366,619

 

38,203,961

 

38,317,223

 

38,177,704

Weighted-average common equivalent shares outstanding

 

 

 

 

Weighted-average common and equivalent shares outstanding

 

38,366,619

 

38,203,961

 

38,317,223

 

38,177,704

Diluted EPS

$

0.29

$

0.34

$

1.13

$

1.92