Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2024

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, 2024		March 31, 2023
Net income available to common stockholders, basic and diluted	$	32,627	61,211
Average outstanding shares - basic	112,492,142		110,824,648
Add: dilutive restricted stock units and stock options	62,260		57,060
Average outstanding shares - diluted	112,554,402		110,881,708
Basic earnings per share	$	0.29	0.55
Diluted earnings per share	$	0.29	0.55
Restricted stock units and stock options excluded from the diluted average outstanding share calculation 1	139,840		205,974

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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.