XML 33 R27.htm IDEA: XBRL DOCUMENT v3.25.3
Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Summary of Earnings Per Common Share

Earnings per common share are calculated as follows:

 

 

 

For the Three Months
Ended September 30,

 

 

For the Nine Months
Ended September 30,

 

(unaudited, in thousands, except shares and per share amounts)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator for both basic and diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to common shareholders

 

$

81,042

 

 

$

34,741

 

 

$

124,401

 

 

$

94,287

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Total average basic common shares outstanding

 

 

95,995,174

 

 

 

64,488,962

 

 

 

89,593,739

 

 

 

61,143,452

 

Effect of dilutive stock options and other stock compensation

 

 

121,443

 

 

 

145,246

 

 

 

124,967

 

 

 

129,150

 

Total diluted average common shares outstanding

 

 

96,116,617

 

 

 

64,634,208

 

 

 

89,718,706

 

 

 

61,272,602

 

Earnings per common share - basic

 

$

0.84

 

 

$

0.54

 

 

$

1.39

 

 

$

1.54

 

Earnings per common share - diluted

 

$

0.84

 

 

$

0.54

 

 

$

1.39

 

 

$

1.54