Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2023

The calculations of basic and diluted earnings per common share were as follows:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
(Dollars in thousands, except per common share data)	2023		2022		2023		2022
Net income available to common shareholders	$	21,096	$	24,888	$	47,656	$	48,465
Less: Dividends paid on unvested common shares	144		102		246		150
Less: Undistributed income allocated to unvested common shares	13		19		45		40
Net earnings allocated to common shareholders	$	20,939	$	24,767	$	47,365	$	48,275

Weighted-average common shares outstanding	32,526,962		27,919,133		30,222,165		27,962,405
Effect of potentially dilutive common shares	123,014		142,603		92,339		78,740
Total weighted-average diluted common shares outstanding	32,649,976		28,061,736		30,314,504		28,041,145

Earnings per common share:
Basic	$	0.64	$	0.89	$	1.57	$	1.73
Diluted	$	0.64	$	0.88	$	1.56	$	1.72
Anti-dilutive common shares excluded from calculation:
Restricted common shares	171,843		188,468		152,741		906