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Earnings Per Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS PER SHARE
Basic earnings per common share data is calculated by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings per common share gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method.

The following table presents a summary of per common share data and amounts for the periods indicated.
 Year ended December 31,
(in thousands, except per share data)202420232022
Net income available to common shareholders$181,516 $190,309 $199,002 
Weighted average common shares outstanding37,357 37,370 37,381 
Additional dilutive common stock equivalents210 137 119 
Weighted average diluted common shares outstanding37,567 37,507 37,500 
Basic earnings per common share$4.86 $5.09 $5.32 
Diluted earnings per common share$4.83 $5.07 $5.31 

For 2024, 2023, and 2022, common stock equivalents of approximately 434,000, 419,000 and 224,000, respectively, were excluded from the earnings per share calculation because their effect would have been anti-dilutive.