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Earnings Per Common Share
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Common Share

NOTE 21. EARNINGS PER COMMON SHARE

The following table presents the computation of basic and diluted earnings per common share for the years ended December 31 (dollars and shares in thousands, except per share amounts):

 

 

 

2023

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income

 

$

171,180

 

 

$

155,176

 

 

$

147,334

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares outstanding-basic

 

 

76,396

 

 

 

72,989

 

 

 

69,951

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Performance and restricted stock awards

 

 

100

 

 

 

104

 

 

 

134

 

Weighted-average number of common shares outstanding-diluted

 

 

76,495

 

 

 

73,093

 

 

 

70,085

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

Basic

 

$

2.24

 

 

$

2.13

 

 

$

2.11

 

Diluted

 

$

2.24

 

 

$

2.12

 

 

$

2.10

 

 

There were no shares excluded from the calculation because they were antidilutive.