Net Income per Common Share

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Net Income per Common Share

Net Income per Common Share

The calculation of net income per common share for the three months ended March 31, 2022 and 2021 was as follows:

	Three Months Ended March 31,
(dollars and shares in thousands, except per share data)	2022		2021
Basic:
Net income	$	45,744	$	43,469
Average common shares outstanding	32,033		31,870
Basic net income per common share	$	1.43	$	1.36
Diluted:
Net income	$	45,744	$	43,469
Average common shares outstanding	32,033		31,870
Adjustment for common share equivalents	77		53
Average common shares outstanding-diluted	32,110		31,923
Diluted net income per common share	$	1.42	$	1.36
Anti-dilutive shares	—		4