Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Summary of Earnings Per Common Share

Earnings per common share are calculated as follows:

	For the Three Months Ended March 31,
(unaudited, in thousands, except shares and per share amounts)	2024		2023
Numerator for both basic and diluted earnings per common share:
Net income available to common shareholders	$	33,162	$	39,810
Denominator:
Total average basic common shares outstanding		59,382,758		59,217,711
Effect of dilutive stock options and other stock compensation		140,921		157,342
Total diluted average common shares outstanding		59,523,679		59,375,053
Earnings per common share - basic	$	0.56	$	0.67
Earnings per common share - diluted	$	0.56	$	0.67