Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Company's Unaudited Earnings Per Share Calculations

The following tables set forth the Corporation’s earnings per share calculations for the periods indicated:

	Three Months Ended
(Dollars in thousands, except per share data)	September 30, 2022		June 30, 2022		September 30, 2021
Basic
Net income	$	73,363	$	69,803	$	90,088
Less: dividends and undistributed earnings allocated to participating securities	(917)		(867)		(937)
Net income allocated to common stockholders	$	72,446	$	68,936	$	89,151
Weighted average common shares outstanding	93,793,502		93,765,264		93,549,639
Basic earnings per common share	$	0.77	$	0.74	$	0.95
Diluted
Net income allocated to common stockholders	$	72,446	$	68,936	$	89,151
Weighted average common shares outstanding	93,793,502		93,765,264		93,549,639
Dilutive effect of share-based compensation	327,135		275,427		511,085
Weighted average diluted common shares	94,120,637		94,040,691		94,060,724
Diluted earnings per common share	$	0.77	$	0.73	$	0.95

	Nine Months Ended
(Dollars in thousands, except per share data)	September 30, 2022		September 30, 2021
Basic
Net income	$	210,070	$	255,058
Less: dividends and undistributed earnings allocated to participating securities	(2,467)		(2,641)
Net income allocated to common stockholders	$	207,603	$	252,417
Weighted average common shares outstanding	93,687,230		93,571,468
Basic earnings per common share	$	2.22	$	2.70
Diluted
Net income allocated to common stockholders	$	207,603	$	252,417
Weighted average common shares outstanding	93,687,230		93,571,468
Dilutive effect of share-based compensation	367,886		518,939
Weighted average diluted common shares	94,055,116		94,090,407
Diluted earnings per common share	$	2.21	$	2.68