Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.21.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Reconciliation of the Denominators of the Basic and Diluted EPS Computations

The following table presents basic and diluted EPS calculations for the three months ended March 31, 2021 and 2020 (dollars in thousands except per share data):

Three Months Ended

March 31, 

2021

2020

Net Income:

Net Income

56,189

7,089

Preferred Stock Dividends

2,967

Net income available to common shareholders

$

53,222

$

7,089

Weighted average shares outstanding, basic

 

78,863

 

79,290

Dilutive effect of stock awards

 

21

 

27

Weighted average shares outstanding, diluted

 

78,884

 

79,317

Earnings per common share, basic

$

0.67

$

0.09

Earnings per common share, diluted

$

0.67

$

0.09