Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings per common share are calculated as follows:

	For the Years Ended December 31,
(in thousands, except shares and per share amounts)	2020		2019		2018
Numerator for both basic and diluted earnings per common share:
Net income available to common shareholders	$	119,400	$	158,873	$	143,112
Denominator:
Total average basic common shares outstanding		67,260,796		56,108,084		48,889,041
Effect of dilutive stock options and other stock compensation		49,788		106,280		133,949
Total diluted average common shares outstanding		67,310,584		56,214,364		49,022,990
Earnings per common share—basic	$	1.78	$	2.83	$	2.93
Earnings per common share—diluted		1.77		2.83		2.92