Quarterly report [Sections 13 or 15(d)]

EARNINGS PER SHARE (Tables)

v3.25.2
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2025
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 and six months ended June 30, (dollars in thousands except per share data):

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Three Months Ended

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Six Months Ended

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​

June 30, 

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June 30, 

​

​

2025

​

2024

​

2025

​

2024

Net Income

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​

​

​

​

​

​

​

​

​

​

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Net Income

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$

19,791

​

$

25,161

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$

69,610

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$

74,930

Less: Preferred Stock Dividends

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​

2,967

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​

2,967

​

​

5,934

​

​

5,934

Net income available to common shareholders

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$

16,824

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$

22,194

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$

63,676

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$

68,996

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​

​

​

​

​

​

​

​

​

​

​

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Weighted average shares outstanding, basic

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141,680

​

 

89,768

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115,596

​

 

82,483

Dilutive effect of stock awards and forward equity sale agreements

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58

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—

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461

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—

Weighted average shares outstanding, diluted

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141,738

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89,768

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116,057

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82,483

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Earnings per common share, basic

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$

0.12

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$

0.25

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$

0.55

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$

0.84

Earnings per common share, diluted

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$

0.12

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$

0.25

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$

0.55

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$

0.84

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​