EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2022

EARNINGS PER COMMON SHARE

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)	2022		2021		2022		2021
Net income available to common stockholders	$	37,659	$	36,573	$	107,032	$	63,174
Less: Dividends paid and earnings allocated to participating securities		(438)		(437)		(1,244)		(811)
Income attributable to common stock	$	37,221	$	36,136	$	105,788	$	62,363
Weighted-average common shares outstanding, including participating securities		38,614,436		40,915,012		39,125,192		38,979,259
Less: weighted-average participating securities		(448,755)		(489,274)		(446,298)		(405,102)
Weighted-average common shares outstanding		38,165,681		40,425,738		38,678,894		38,574,157
Basic EPS	$	0.98	$	0.89	$	2.74	$	1.62
Income attributable to common stock	$	37,221	$	36,136	$	105,788	$	62,363
Weighted-average common shares outstanding		38,165,681		40,425,738		38,678,894		38,574,157
Weighted-average common equivalent shares outstanding		—		423		—		700
Weighted-average common and equivalent shares outstanding		38,165,681		40,426,161		38,678,894		38,574,857
Diluted EPS	$	0.98	$	0.89	$	2.74	$	1.62