Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2020

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 September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
	(In Thousands, except per share data)
Basic Earnings Per Share:
Net income available to common shareholders	$	25,655	$	13,171	$	32,230	$	36,852
Less: income allocated to participating securities		36		1		46		3
Net income allocated to common shareholders		25,619		13,170		32,184		36,849
Weighted average common shares outstanding including    participating securities		37,356		19,801		35,481		19,873
Less: Participating securities		52		11		50		11
Average common shares		37,304		19,790		35,431		19,862
Basic earnings per common share	$	0.69	$	0.67	$	0.91	$	1.86
Diluted Earnings Per Share:
Net income allocated to common shareholders	$	25,619	$	13,170	$	32,184	$	36,849
Weighted average common shares outstanding for basic (loss) earnings    per common share		37,304		19,790		35,431		19,862
Add: Dilutive effects of stock options		30		85		51		81
Average shares and dilutive potential common shares		37,334		19,875		35,482		19,943
Diluted earnings per common share	$	0.69	$	0.66	$	0.91	$	1.85