Years ended December 31,

2024

2023

2022

Net income

$

120,759

$

107,878

$

87,954

Less: Dividends on preferred shares

—

—

196

Net income available to common stockholders

$

120,759

$

107,878

$

87,758

Weighted-average common stock outstanding:

Weighted-average common stock outstanding (basic)

43,448,856

40,045,208

36,972,972

Incremental shares

405,083

400,345

503,148

Weighted-average common stock outstanding (dilutive)

43,853,939

40,445,553

37,476,120

Basic earnings per common share

$

2.78

$

2.69

$

2.37

Diluted earnings per common share

$

2.75

$

2.67

$

2.34