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NET INCOME PER COMMON SHARE
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
NET INCOME PER COMMON SHARE
NET INCOME PER COMMON SHARE

Basic net income per common share is computed by dividing net income available to common stockholders by the weighted-average common shares outstanding during the reporting period. Diluted net income per common share is computed by dividing net income available to common stockholders by the combination of the weighted-average common shares outstanding during the reporting period and all potentially dilutive common shares. Potentially dilutive common shares include stock options and RSAs issued under the Corporation’s share-based compensation plans. Potentially dilutive common shares are excluded from the computation of diluted earnings per common share in the periods where the effect would be antidilutive.
The following table reconciles basic and diluted net income per common share for the years indicated:
 202420232022
 Net
Income Available to Common Stockholders		Weighted-Average Common SharesPer
Share Amount		Net
Income Available to Common Stockholders		Weighted-Average Common SharesPer
Share Amount		Net
Income Available to Common Stockholders		Weighted-Average Common SharesPer
Share Amount
Net income available to common stockholders$199,527 58,312,575 $3.42 $221,911 59,304,879 $3.74 $220,683 57,692,018 $3.83 
Effect of potentially dilutive stock options and restricted stock awards 219,990   183,641   258,239  
Diluted net income per common share$199,527 58,532,565 $3.41 $221,911 59,488,520 $3.73 $220,683 57,950,257 $3.81 
RSAs excluded from the diluted average common share calculation (1)
92,175 69,421 39,830 
(1) Anti-dilution occurs when the unrecognized compensation cost per share of an RSA exceeds the market price of the Corporation's stock.


As of December 31, 2024, 2023 and 2022, there were no stock options with an option price greater than the average market price of the common shares.