Earnings Per Common Share |
Earnings Per Common Share 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) | 2025 | 2024 | | 2025 | 2024 | Net income available to common shareholders | $ | 21,212 | | $ | 29,007 | | | $ | 45,548 | | $ | 58,591 | | Less: Dividends paid on unvested common shares | 212 | | 218 | | | 422 | | 361 | | Less: Undistributed income allocated to unvested common shares | 17 | | 55 | | | 54 | | 119 | | Net earnings allocated to common shareholders | $ | 20,983 | | $ | 28,734 | | | $ | 45,072 | | $ | 58,111 | | | | | | | | Weighted-average common shares outstanding | 34,972,065 | | 34,764,489 | | | 34,934,105 | | 34,752,419 | | Effect of potentially dilutive common shares | 359,642 | | 353,159 | | | 365,313 | | 319,131 | | Total weighted-average diluted common shares outstanding | 35,331,707 | | 35,117,648 | | | 35,299,418 | | 35,071,550 | | | | | | | | Earnings per common share: | | | | | | Basic | $ | 0.60 | | $ | 0.83 | | | $ | 1.29 | | $ | 1.67 | | Diluted | $ | 0.59 | | $ | 0.82 | | | $ | 1.28 | | $ | 1.66 | | Anti-dilutive common shares excluded from calculation: | | | | | | Restricted common shares | 144,274 | | 3,180 | | | 142,032 | | 3,180 | |
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