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EARNINGS APPLICABLE TO COMMON SHAREHOLDERS (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Reconciliation of Numerators and Denominators of Basic and Diluted Computations Applicable to Common Shareholders
The following tables disclose the reconciliation of the numerators and denominators of the basic and diluted computations applicable to common shareholders.
($ in thousands, except per share amount)Three Months Ended
September 30, 2023
Three Months Ended
September 30, 2022
Net Income
(Numerator)
Shares
(Denominator)
Per
Share Data
Net Income
(Numerator)
Shares
(Denominator)
Per
Share Data
Basic earnings per share$24,360 31,405,439 $0.78 $14,043 22,861,795 $0.61 
Effect of dilutive shares:
Restricted stock grants 204,125 117,734 
Diluted earnings per share$24,360 31,609,564 $0.77 $14,043 22,979,529 $0.61 
($ in thousands, except per share amount)For the Nine Months Ended
September 30, 2023
For the Nine Months Ended
September 30, 2022
Net Income
(Numerator)
Shares
(Denominator)
Per
Share Data
Net Income
(Numerator)
Shares
(Denominator)
Per
Share Data
Basic earnings per share$64,410 31,364,420 $2.05 $46,624 21,355,731 $2.18 
Effect of dilutive shares:
Restricted stock grants199,862 111,397 
Diluted earnings per share$64,410 31,564,282 $2.04 $46,624 21,467,128 $2.17