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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2023
Notes to Financial Statements |
Earnings Per Share | Earnings per common share have been computed based on the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended | ​ | For the nine months ended | ​ | ​
​ | ​ | September 30, | ​ | September 30, | ​ | ​
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022 |  | ​
​ | ​ | (Dollars in thousands, except per share data) | ​
Net income, as reported | ​ | $ | 9,399 | ​ | $ | 23,442 | ​ | $ | 23,185 | ​ | $ | 66,696 | ​ | ​
Divided by: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | ​
Total weighted average common shares outstanding and common stock equivalents (1) | ​ |  | 29,703 | ​ |  | 30,695 | ​ |  | 30,017 | ​ |  | 30,960 | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic earnings per common share | ​ | $ | 0.32 | ​ | $ | 0.76 | ​ | $ | 0.77 | ​ | $ | 2.15 | ​ | ​
Diluted earnings per common share | ​ | $ | 0.32 | ​ | $ | 0.76 | ​ | $ | 0.77 | ​ | $ | 2.15 | ​ | ​
Dividend Payout ratio | ​ |  | 68.8 | % |  | 28.9 | % |  | 85.7 | % |  | 30.7 | % | ​
(1) For the three and nine months ended September 30, 2023, and 2022, there were no common stock equivalents that were anti-dilutive.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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