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Earnings Per Share
 6 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Earnings Per Share

3.     Earnings Per Share

Earnings per common share have been computed based on the following:

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​

​

​

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​

​

​

​

​

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​

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​

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For the three months ended

​

For the six months ended

​

​

​

June 30, 

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June 30, 

​

​

    

2022

    

2021

    

2022

    

2021

    

​

​

(Dollars in thousands, except per share data)

Net income, as reported

​

$

25,035

​

$

19,258

​

$

43,254

​

$

38,297

​

Divided by:

​

 

  

​

 

  

​

 

  

​

 

  

​

Total weighted average common shares outstanding and common stock equivalents (1)

​

 

30,937

​

 

31,677

​

 

31,095

​

 

31,641

​

Basic earnings per common share

​

$

0.81

​

$

0.61

​

$

1.39

​

$

1.21

​

Diluted earnings per common share

​

$

0.81

​

$

0.61

​

$

1.39

​

$

1.21

​

Dividend Payout ratio

​

 

27.2

%  

 

34.4

%

 

31.7

%  

 

34.7

%  

(1)For the three and six months ended June 30, 2022 and 2021, there were no common stock equivalents.