For the Years Ended December 31,

(in thousands, except shares and per share amounts)

2023

2022

2021

Numerator for both basic and diluted earnings per common share:

Net income available to common shareholders

$

148,907

$

181,988

$

232,135

Denominator:

Total average basic common shares outstanding

59,303,210

60,047,177

65,520,527

Effect of dilutive stock options and other stock compensation

124,779

168,197

149,443

Total diluted average common shares outstanding

59,427,989

60,215,374

65,669,970

Earnings per common share—basic

$

2.51

$

3.03

$

3.54

Earnings per common share—diluted

2.51

3.02

3.53