Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.23.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2023
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, 2023 and 2022 (dollars in thousands except per share data):

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​

​

​

​

​

​

​

​

Three Months Ended

​

​

March 31, 

​

​

2023

​

2022

Net Income

​

$

35,653

​

$

43,690

Less: Preferred Stock Dividends

​

​

2,967

​

​

2,967

Net income available to common shareholders

​

$

32,686

​

$

40,723

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Weighted average shares outstanding, basic

​

 

74,832

​

 

75,545

Dilutive effect of stock awards

​

 

3

​

 

11

Weighted average shares outstanding, diluted

​

 

74,835

​

 

75,556

​

​

​

​

​

​

​

Earnings per common share, basic

​

$

0.44

​

$

0.54

Earnings per common share, diluted

​

$

0.44

​

$

0.54