Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2023

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, 2023		September 30, 2022
Basic
Net income	$	46,030	$	73,363
Less: dividends and undistributed earnings allocated to participating securities	(823)		(917)
Net income allocated to common stockholders	$	45,207	$	72,446
Weighted average common shares outstanding	94,189,844		93,793,502
Basic earnings per common share	$	0.48	$	0.77
Diluted
Net income allocated to common stockholders	$	45,207	$	72,446
Weighted average common shares outstanding	94,189,844		93,793,502
Dilutive effect of share-based compensation	93,164		327,135
Weighted average diluted common shares	94,283,008		94,120,637
Diluted earnings per common share	$	0.48	$	0.77

	Nine Months Ended
(Dollars in thousands, except per share data)	September 30, 2023		September 30, 2022
Basic
Net income	$	166,228	$	210,070
Less: dividends and undistributed earnings allocated to participating securities	(2,674)		(2,467)
Net income allocated to common stockholders	$	163,554	$	207,603
Weighted average common shares outstanding	94,072,463		93,687,230
Basic earnings per common share	$	1.74	$	2.22
Diluted
Net income allocated to common stockholders	$	163,554	$	207,603
Weighted average common shares outstanding	94,072,463		93,687,230
Dilutive effect of share-based compensation	142,383		367,886
Weighted average diluted common shares	94,214,846		94,055,116
Diluted earnings per common share	$	1.74	$	2.21