| Schedule of Computation of Earnings Per Common Share |
Earnings per common share have been computed as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (dollars in thousands, except per share amounts) | 2026 | | 2025 | | 2026 | | 2025 | | Net income | $ | 63,176 | | | $ | 47,404 | | | $ | 113,157 | | | $ | 17,414 | | | Dividends on preferred stock | (4,590) | | | (155) | | | (9,179) | | | (155) | | | Net income available to common stockholders | $ | 58,586 | | | $ | 47,249 | | | $ | 103,978 | | | $ | 17,259 | | | | | | | | | | | Weighted average number of common shares outstanding, basic | 84,498,030 | | 89,645,040 | | 85,588,955 | | 79,139,706 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Dilutive effect of outstanding equity-based awards | 887,352 | | 1,238,671 | | 1,013,323 | | 1,111,871 | | Weighted average number of common shares outstanding, diluted | 85,385,382 | | 90,883,711 | | 86,602,278 | | 80,251,577 | | | | | | | | | | Basic earnings per common share | $ | 0.69 | | | $ | 0.53 | | | $ | 1.21 | | | $ | 0.22 | | | Diluted earnings per common share | $ | 0.69 | | | $ | 0.52 | | | $ | 1.20 | | | $ | 0.22 | | | | | | | | | | | Anti-dilutive equity-based awards | 68,094 | | 28,561 | | 34,047 | | 223,149 |
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