BASIS OF PRESENTATION (Tables)

3 Months Ended

Mar. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

Amounts used in the determination of basic and diluted earnings per share for the three months ended March 31, 2022, and 2021, are shown in the table below, dollars and number of shares in thousands, except per share data:

	Three Months Ended March 31,
	2022		2021
Net income	$	43,089	$	52,814
Preferred dividends	(2,013)		(2,013)
Net income available to stockholders	$	41,076	$	50,801
Weighted average common shares outstanding for basic earnings per share	42,360		42,174
Assumed incremental common shares issued upon vesting of outstanding restricted stock units	181		162
Weighted average common shares for diluted earnings per share	42,541		42,336
Earnings per common share — basic	$	0.97	$	1.20
Earnings per common share — diluted	$	0.97	$	1.20
Number of antidilutive common stock equivalents excluded from diluted earnings per share computation	—		25