XML 34 R24.htm IDEA: XBRL DOCUMENT v3.22.2.2
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Notes to Financial Statements  
Earnings Per Share

For the three months ended

For the nine months ended

September 30, 

September 30, 

    

2022

    

2021

    

2022

    

2021

    

(Dollars in thousands, except per share data)

Net income, as reported

$

23,442

$

25,413

$

66,696

$

63,710

Divided by:

 

  

 

  

 

  

 

  

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

 

30,695

 

31,567

 

30,960

 

31,616

Basic earnings per common share

$

0.76

$

0.81

$

2.15

$

2.02

Diluted earnings per common share

$

0.76

$

0.81

$

2.15

$

2.02

Dividend Payout ratio

 

28.9

%  

 

25.9

%

 

30.7

%  

 

31.2

%  

(1)For the three and nine months ended September 30, 2022 and 2021, there were no common stock equivalents that were anti-dilutive.