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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Factors Used in Computation of Earnings Per Share
The factors used in the earnings per share computation follow:
Three Months Ended June 30,Six Months Ended June 30,
(Dollars in thousands)2023202220232022
Basic
Net income to common stockholders$6,848 $43,390 $17,057 $66,918 
Weighted average common shares outstanding23,138,835 24,427,270 23,249,668 24,612,988 
Basic earnings per common share$0.30 $1.78 $0.73 $2.72 
Diluted
Net income to common stockholders$6,848 $43,390 $17,057 $66,918 
Weighted average common shares outstanding23,138,835 24,427,270 23,249,668 24,612,988 
Dilutive effects of:
Assumed exercises of stock options71,658 89,443 73,884 99,402 
Restricted stock awards90,645 144,526 113,930 189,492 
Restricted stock units65,909 85,934 91,878 91,236 
Performance stock units - market based87,360 115,825 104,203 127,694 
Performance stock units - performance based— — — — 
Employee stock purchase program1,064 3,575 780 2,173 
Average shares and dilutive potential common shares23,455,471 24,866,573 23,634,343 25,122,985 
Diluted earnings per common share$0.29 $1.74 $0.72 $2.66 
Schedule of Shares not Considered in Computing Diluted Earnings per Common Share
Shares that were not considered in computing diluted earnings per common share because they were antidilutive are as follows:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Stock options107,309 52,878 107,309 52,878 
Restricted stock awards4,232 6,348 4,232 6,348 
Restricted stock units11,250 15,000 11,250 15,000 
Performance stock units - market based42,056 45,296 42,056 45,296 
Performance stock units - performance based— 254,832 — 254,832 
Employee stock purchase program— — — —