Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Basic and diluted earnings per share

Basic and diluted earnings per share has been computed based on the following:

	Three Months ended
(Dollars in thousands, except per share data)	March 31, 2023		March 31, 2022
Net income available to common stockholders, basic and diluted	$	61,211	67,795
Average outstanding shares - basic	110,824,648		110,724,655
Add: dilutive restricted stock units and stock options	57,060		75,346
Average outstanding shares - diluted	110,881,708		110,800,001
Basic earnings per share	$	0.55	0.61
Diluted earnings per share	$	0.55	0.61
Restricted stock units and stock options excluded from the diluted average outstanding share calculation 1	205,974		4,934

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1 Anti-dilution occurs when the unrecognized compensation cost per share of a restricted stock unit or the exercise price of a stock option exceeds the market price of the Company’s stock.