Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of basic and diluted earnings per common share

Presented below are the calculations for basic and diluted earnings per common share.

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except per share data)	2022		2021		2022		2021
Net income	$	23,985	$	18,284	$	48,149	$	36,523
Weighted average common shares outstanding	13,402		9,902		13,525		9,949
Effect of dilutive common stock awards	450		424		510		416
Diluted weighted average common shares outstanding	13,852		10,326		14,035		10,365
Basic earnings per common share*	$	1.79	$	1.85	$	3.56	$	3.67
Diluted earnings per common share*	$	1.73	$	1.77	$	3.43	$	3.52

*Cumulative quarterly per share performance may not equal annual per share totals due to the effects of the amount and timing of capital increases. When computing earnings per share for an interim period, the denominator is based on the weighted average shares outstanding during the interim period, and not on an annualized weighted average basis. Accordingly, the sum of the earnings per share data for the quarters will not necessarily equal the year to date earnings per share data.