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NET INCOME PER COMMON SHARE | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
NET INCOME PER COMMON SHARE | NET INCOME PER COMMON SHARE Basic net income per common share is calculated by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the reporting period. Diluted net income per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted. It is computed by dividing net income available to common stockholders by the sum of the weighted-average common shares outstanding and the effect of all potentially dilutive common shares outstanding during the period. Potentially dilutive common shares include stock options and RSAs granted under the Corporation’s share-based compensation plans. These securities are included in the diluted earnings per share calculation only when their effect is dilutive. Securities that would increase earnings per share are considered anti-dilutive and are therefore excluded from the computation of diluted earnings per share for the applicable periods. The following tables reconcile basic and diluted net income per common share for the three and six months ended June 30, 2025 and 2024.
| Three Months Ended June 30,
| 2025 |  | 2024
| Net Income Available to Common Stockholders |  | Weighted-Average Common Shares |  | Per Share Amount |  | Net Income Available to Common Stockholders |  | Weighted-Average Common Shares |  | Per Share Amount
Net income available to common stockholders | $ | 56,363 |  |  | 57,501,593 |  |  | $ | 0.98 |  |  | $ | 39,456 |  |  | 58,104,021 |  |  | $ | 0.68 |
Effect of potentially dilutive stock options and restricted stock awards |  |  | 270,987 |  |  |  |  |  |  | 224,244 |  |  |
Diluted net income per common share | $ | 56,363 |  |  | 57,772,580 |  |  | $ | 0.98 |  |  | $ | 39,456 |  |  | 58,328,265 |  |  | $ | 0.68 |
RSAs excluded from the diluted average common share calculation |  |  | 60,990 |  |  |  |  |  |  | 90,734 |  |  |
| Six Months Ended June 30,
| 2025 |  | 2024
| Net Income Available to Common Stockholders |  | Weighted-Average Common Shares |  | Per Share Amount |  | Net Income Available to Common Stockholders |  | Weighted-Average Common Shares |  | Per Share Amount
Net income available to common stockholders | $ | 111,233 |  |  | 57,734,032 |  |  | $ | 1.93 |  |  | $ | 86,928 |  |  | 58,585,405 |  |  | $ | 1.48 |
Effect of potentially dilutive stock options and restricted stock awards |  |  | 271,353 |  |  |  |  |  |  | 215,058 |  |  |
Diluted net income per common share | $ | 111,233 |  |  | 58,005,385 |  |  | $ | 1.92 |  |  | $ | 86,928 |  |  | 58,800,463 |  |  | $ | 1.48 |
RSAs excluded from the diluted average common share calculation |  |  | 53,548 |  |  |  |  |  |  | 89,011 |  |  |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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