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EARNINGS PER COMMON SHARE | 12 Months Ended
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Dec. 31, 2023
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 share:
(Dollars in thousands, except share and per share data) |  | 2023 |  | 2022 |  | 2021
Numerator |  |  |  |  |  |
Net income |  | $ | 255,863 |  |  | $ | 217,612 |  |  | $ | 205,160 |
Denominator |  |  |  |  |  |
Basic earnings per common share - weighted average shares |  | 93,938,772 |  |  | 93,528,712 |  |  | 95,034,690 |
Effect of dilutive securities |  |  |  |  |  |
Employee stock awards |  | 1,157,295 |  |  | 1,058,139 |  |  | 862,695 |
Diluted earnings per common share - adjusted weighted average shares |  | 95,096,067 |  |  | 94,586,851 |  |  | 95,897,385 |
Earnings per share available to common shareholders |  |  |  |  |  |
Basic |  | $ | 2.72 |  |  | $ | 2.33 |  |  | $ | 2.16 |
Diluted |  | $ | 2.69 |  |  | $ | 2.30 |  |  | $ | 2.14 |
Stock options and warrants with exercise prices greater than the average market price of the common shares are excluded from the computation of net income per diluted share, as they would be antidilutive. Using the end of period price of the Company's common shares, there were no antidilutive options at December 31, 2023, 2022, or 2021. As of December 31, 2023, 2022, and 2021, First Financial was authorized to issue 10,000,000 preferred shares; however, no preferred shares were issued or outstanding.

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