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Stockholders' Equity (Tables) | 3 Months Ended
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Mar. 31, 2024
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Schedule of Earnings per Common Share Reconciliation | The following table illustrates the calculation of weighted average shares used for earnings per common share computations for the periods indicated:
| Three Months Ended March 31, |  |
| 2024 |  | 2023 |  |  |  |
| (Dollars in thousands, except shares)
Net income allocated to common shareholders | $ | 5,748 |  |  | $ | 20,457 |  |  |  |  |
Basic: |  |  |  |  |  |  |
Weighted average common shares outstanding | 34,825,471 |  |  | 35,108,390 |  |  |  |  |
Diluted: |  |  |  |  |  |  |
Basic weighted average common shares outstanding | 34,825,471 |  |  | 35,108,390 |  |  |  |  |
| Three Months Ended March 31, |  |
| 2024 |  | 2023 |  |  |  |
| (Dollars in thousands, except shares)
Effect of potentially dilutive common shares (1) | 401,667 |  |  | 336,950 |  |  |  |  |
Total diluted weighted average common shares outstanding | 35,227,138 |  |  | 35,445,340 |  |  |  |  |
Potentially dilutive shares that were excluded from the computation of diluted earnings per share because to do so would be anti-dilutive (2) | 52,397 |  |  | 88,488 |  |  |  |  |
(1) Represents the effect of the vesting of restricted stock units. (2) Anti-dilution occurs when the unrecognized compensation cost per share of a restricted stock unit exceeds the market price of the Company’s stock
Schedule of Dividends Activity | The following table summarizes the dividend activity during the three months ended March 31, 2024 and the calendar year 2023:
Declared |  | Cash Dividend per Share |  | Record Date |  | Paid Date |  |
January 25, 2023 |  | $0.22 |  | February 8, 2023 |  | February 22, 2023 |  |
April 19, 2023 |  | $0.22 |  | May 4, 2023 |  | May 18, 2023 |  |
July 19, 2023 |  | $0.22 |  | August 2, 2023 |  | August 16, 2023 |  |
October 18, 2023 |  | $0.22 |  | November 1, 2023 |  | November 15, 2023 |  |
January 24, 2024 |  | $0.23 |  | February 8, 2024 |  | February 22, 2024 |  |
Schedule of Stock Repurchased | The following table provides total repurchased shares and average share prices under the repurchase plan for the periods indicated:
| Three Months Ended March 31, |  |  |  |
| 2024 |  | 2023 |  |  |  |  |  | Plan Total(1)
Twelfth Stock Repurchase Plan |  |  |  |  |  |  |  |  |
Repurchased shares | 303,880 |  |  | 88,355 |  |  |  |  |  |  | 1,795,144 |
Stock repurchases average share price | $ | 18.58 |  |  | $ | 22.82 |  |  |  |  |  |  | $ | 22.11 |
(1) Represents total shares repurchased and average price per share paid during the duration of the repurchase plan. In addition to the stock repurchases under a stock repurchase plan, the Company withholds shares from award participants on the vesting of restricted stock units to pay the participant's withholding taxes . The following table provides total shares withheld to pay withholding taxes during the periods indicated:
| Three Months Ended March 31, |  |
| 2024 |  | 2023 |  |  |  |
Withheld shares to pay withholding taxes | 25,698 |  |  | 26,724 |  |  |  |  |
Average share price of withheld shares to pay withholding taxes | $ | 18.38 |  |  | $ | 22.84 |  |  |  |  |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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