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EARNINGS PER SHARE | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | 11. 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 periods ended (dollars in thousands except per share data):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | March 31,
​ | ​ | 2024 | ​ | 2023
Net Income | ​ | ​ | ​ | ​ | ​ | ​
Net Income | ​ | $ | 49,769 | ​ | $ | 35,653
Less: Preferred Stock Dividends | ​ | ​ | 2,967 | ​ | ​ | 2,967
Net income available to common shareholders | ​ | $ | 46,802 | ​ | $ | 32,686
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average shares outstanding, basic | ​ |  | 75,197 | ​ |  | 74,832
Dilutive effect of stock awards | ​ |  | — | ​ |  | 3
Weighted average shares outstanding, diluted | ​ |  | 75,197 | ​ |  | 74,835
​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per common share, basic | ​ | $ | 0.62 | ​ | $ | 0.44
Earnings per common share, diluted | ​ | $ | 0.62 | ​ | $ | 0.44
​

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