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Net Income per Common Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Schedule of calculation of net income per common share
The calculation of net income per common share for the three and nine months ended September 30, 2020 and 2019 (unaudited) was as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(dollars and shares in thousands, except per share data)2020201920202019
Basic:
Net income$41,346 $36,495 $93,325 $107,487 
Average common shares outstanding32,229 34,233 32,434 34,418 
Basic net income per common share$1.28 $1.07 $2.88 $3.12 
Diluted:
Net income$41,346 $36,495 $93,325 $107,487 
Average common shares outstanding32,229 34,233 32,434 34,418 
Adjustment for common share equivalents22 23 24 33 
Average common shares outstanding-diluted32,251 34,256 32,458 34,451 
Diluted net income per common share$1.28 $1.07 $2.88 $3.12 
Anti-dilutive shares26 26 20