EARNINGS PER COMMON SHARE ("EPS") (Tables)

9 Months Ended

Sep. 30, 2021

EARNINGS PER COMMON SHARE ("EPS")

Reconciliation of Numerators and Denominators of Basic and Diluted EPS

The following is a reconciliation of the numerators and denominators of basic and diluted EPS for the periods presented:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In thousands except share and per share amounts)	2021		2020		2021		2020
Net income available to common stockholders	$	36,573	$	14,046	$	63,174	$	34,264
Less: Dividends paid and earnings allocated to participating securities		(437)		(83)		(811)		(195)
Income attributable to common stock	$	36,136	$	13,963	$	62,363	$	34,069
Weighted average common shares outstanding, including participating securities		40,915,012		21,378,332		38,979,259		21,848,184
Less: weighted average participating securities		(489,274)		(187,781)		(405,102)		(191,438)
Weighted average common shares outstanding		40,425,738		21,190,551		38,574,157		21,656,746
Basic EPS	$	0.89	$	0.66	$	1.62	$	1.57
Income attributable to common stock	$	36,136	$	13,963	$	62,363	$	34,069
Weighted average common shares outstanding		40,425,738		21,190,551		38,574,157		21,656,746
Weighted average common equivalent shares outstanding		423		133,636		700		134,334
Weighted average common and equivalent shares outstanding		40,426,161		21,324,187		38,574,857		21,791,080
Diluted EPS	$	0.89	$	0.65	$	1.62	$	1.56