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Earnings Per Common Share
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share
 
The following table sets forth the computation of basic and diluted earnings per common share for the three months and nine months ended September 30, 2024 and 2023.
 
Three Months Ended
September 30, 		Nine Months Ended
September 30,
(In thousands, except common share and per common share data)2024202320242023
Numerator:  
Net income$38,217 $36,917 $112,790 $102,234 
Denominator:  
Weighted-average common shares outstanding16,151,640 16,133,310 16,139,335 16,180,261 
Effect of dilutive PBRSUs and TBRSUs112,753 84,570 92,431 80,848 
Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs and TBRSUs16,264,393 16,217,880 16,231,766 16,261,109 
Earnings per common share:  
Basic earnings per common share$2.37 $2.29 $6.99 $6.32 
Diluted earnings per common share$2.35 $2.28 $6.95 $6.29 

Park awarded 59,165 PBRSUs and 54,698 PBRSUs to certain employees during the nine months ended September 30, 2024 and 2023, respectively. No PBRSUs were awarded during either of the three months ended September 30, 2024 and 2023.

Park repurchased an aggregate of 50,000 and 199,000 common shares during the three months and nine months ended September 30, 2023, respectively, to fund the PBRSUs, the TBRSUs and the common shares to be awarded to directors of Park and to directors of Park's subsidiary PNB (and its divisions) as well as pursuant to Park's previously announced stock repurchase authorizations. No common shares were repurchased during the three months or the nine months ended September 30, 2024.