Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share, Basic and Diluted [Abstract]

Summary of Computation for Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share. For additional information on the calculation of basic and diluted earnings per share, see Note 1, "Summary of Significant Accounting Policies - Earnings per Share" of the Corporation's Annual Report on Form 10-K for the year ended December 31, 2019.

	Three Months Ended
	March 31,
(Dollars and shares in thousands, except per share data)	2020		2019
Numerator:
Net income	$	838	$	16,079
Net income allocated to unvested restricted stock awards	—		(67)
Net income allocated to common shares	$	838	$	16,012
Denominator:
Weighted average shares outstanding	29,286		29,277
Average unvested restricted stock awards	(68)		(131)
Denominator for basic earnings per share—weighted-average shares outstanding	29,218		29,146
Effect of dilutive securities—employee stock options and restricted stock units	65		59
Denominator for diluted earnings per share—adjusted weighted-average shares outstanding	29,283		29,205
Basic earnings per share	$	0.03	$	0.55
Diluted earnings per share	$	0.03	$	0.55
Average antidilutive options and restricted stock units excluded from computation of diluted earnings per share	329		348