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Earnings per Share ("EPS")
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings per Share ("EPS")

(10) Earnings per Share (“EPS”)

Basic EPS is calculated by dividing net income by the weighted average number of common shares outstanding. The computation of diluted EPS assumes the issuance of common shares for all dilutive potential common shares

outstanding during the reporting period. The calculation of the basic EPS and the diluted EPS for the years ended December 31, 2024, 2023, and 2022 is set forth in the following table:

Net Income

Shares

Per Share

 

(Numerator)

(Denominator)

Amount

 

(Dollars in Thousands,

 

Except Per Share Amounts)

 

December 31, 2024:

    

    

    

    

    

    

Basic EPS

Net income available to common shareholders

$

409,167

 

62,180,448

$

6.58

Potential dilutive common shares

 

 

117,830

Diluted EPS

$

409,167

 

62,298,278

$

6.57

December 31, 2023:

Basic EPS

Net income available to common shareholders

$

411,768

 

62,082,827

$

6.63

Potential dilutive common shares

 

 

138,774

Diluted EPS

$

411,768

 

62,221,601

$

6.62

December 31, 2022:

Basic EPS

Net income available to common shareholders

$

300,232

 

62,658,414

$

4.79

Potential dilutive common shares

 

 

151,820

Diluted EPS

$

300,232

 

62,810,234

$

4.78