Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.24.1.u1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2024
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 periods ended (dollars in thousands except per share data):

Three Months Ended

March 31, 

2024

2023

Net Income

Net Income

$

49,769

$

35,653

Less: Preferred Stock Dividends

2,967

2,967

Net income available to common shareholders

$

46,802

$

32,686

Weighted average shares outstanding, basic

 

75,197

 

74,832

Dilutive effect of stock awards

 

 

3

Weighted average shares outstanding, diluted

 

75,197

 

74,835

Earnings per common share, basic

$

0.62

$

0.44

Earnings per common share, diluted

$

0.62

$

0.44