Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 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			Nine Months ended
(Dollars in thousands, except per share data)	September 30, 2023		September 30, 2022	September 30, 2023	September 30, 2022
Net income available to common stockholders, basic and diluted	$	52,445	79,338	168,611	223,525
Average outstanding shares - basic	110,877,534		110,766,502	110,857,788	110,752,231
Add: dilutive restricted stock units and stock options	9,425		67,092	24,930	59,036
Average outstanding shares - diluted	110,886,959		110,833,594	110,882,718	110,811,267
Basic earnings per share	$	0.47	0.72	1.52	2.02
Diluted earnings per share	$	0.47	0.72	1.52	2.02
Restricted stock units and stock options excluded from the diluted average outstanding share calculation 1	247,104		3,008	222,710	6,323

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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.