Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted earnings per common share

The following table sets forth the computation of basic and diluted earnings per common share:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(In Thousands, except per share data)
Basic Earnings Per Share:
Net income available to common shareholders	$	22,360	$	31,385	$	48,717	$	72,381
Less: income allocated to participating securities		17		39		54		104
Net income allocated to common shareholders		22,343		31,346		48,663		72,277
Weighted average common shares outstanding including    participating securities		35,608		37,322		35,816		37,327
Less: Participating securities		27		46		40		53
Average common shares		35,581		37,276		35,776		37,274
Basic earnings per common share	$	0.63	$	0.84	$	1.36	$	1.94
Diluted Earnings Per Share:
Net income allocated to common shareholders	$	22,343	$	31,346	$	48,663	$	72,277
Weighted average common shares outstanding for basic earnings    per common share		35,581		37,276		35,776		37,274
Add: Dilutive effects of stock options and restricted stock units		101		82		104		77
Average shares and dilutive potential common shares		35,682		37,358		35,880		37,351
Diluted earnings per common share	$	0.63	$	0.84	$	1.36	$	1.94