Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.22.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2022
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, 2022 and 2021 (dollars in thousands except per share data):

Three Months Ended

March 31, 

2022

2021

Net Income:

Net Income

$

43,690

$

56,189

Less: Preferred Stock Dividends

2,967

2,967

Net income available to common shareholders

$

40,723

$

53,222

Weighted average shares outstanding, basic

 

75,545

 

78,863

Dilutive effect of stock awards

 

11

 

21

Weighted average shares outstanding, diluted

 

75,556

 

78,884

Earnings per common share, basic

$

0.54

$

0.67

Earnings per common share, diluted

$

0.54

$

0.67