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EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | 16. EARNINGS PER SHARE Basic EPS is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS is computed using the weighted average number of common shares outstanding during the period, including the effect of dilutive potential common shares outstanding attributable to stock awards. ​ The following table presents basic and diluted EPS calculations for the years ended December 31, (in thousands except per share data): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |  | 2020
Net Income: |  | ​ |  |  | ​ |  |  | ​ |
Net income | ​ | $ | 234,510 | ​ | $ | 263,917 | ​ | $ | 158,228
Less: Preferred Stock Dividends | ​ | ​ | 11,868 | ​ | ​ | 11,868 | ​ | ​ | 5,658
Net income available to common shareholders | ​ | $ | 222,642 | ​ | $ | 252,049 | ​ | $ | 152,570
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average shares outstanding, basic | ​ |  | 74,949 | ​ |  | 77,400 | ​ |  | 78,859
Dilutive effect of stock awards | ​ |  | 4 | ​ |  | 18 | ​ |  | 17
Weighted average shares outstanding, diluted | ​ |  | 74,953 | ​ |  | 77,418 | ​ |  | 78,876
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per common share, basic | ​ | $ | 2.97 | ​ | $ | 3.26 | ​ | $ | 1.93
Earnings per common share, diluted | ​ | $ | 2.97 | ​ | $ | 3.26 | ​ | $ | 1.93
​

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