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Stockholders' Equity (Tables) | 9 Months Ended
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Sep. 30, 2024
Text Block [Abstract] |
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 September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
| (Dollars in thousands, except shares)
Net income allocated to common shareholders | $ | 11,423 |  |  | $ | 18,219 |  |  | $ | 31,330 |  |  | $ | 55,522 |
Basic: |  |  |  |  |  |  |
Weighted average common shares outstanding | 34,322,069 |  |  | 35,022,676 |  |  | 34,584,851 |  |  | 35,062,760 |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
| (Dollars in thousands, except shares)
Diluted: |  |  |  |  |  |  |
Basic weighted average common shares outstanding | 34,322,069 |  |  | 35,022,676 |  |  | 34,584,851 |  |  | 35,062,760 |
Effect of potentially dilutive common shares (1) | 336,605 |  |  | 92,489 |  |  | 417,524 |  |  | 242,696 |
Total diluted weighted average common shares outstanding | 34,658,674 |  |  | 35,115,165 |  |  | 35,002,375 |  |  | 35,305,456 |
Potentially dilutive shares that were excluded from the computation of diluted earnings per share because to do so would be anti-dilutive (2) | 131,152 |  |  | 312,539 |  |  | 45,341 |  |  | 163,860 |
(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 nine months ended September 30, 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 |  |
April 24, 2024 |  | $0.23 |  | May 8, 2024 |  | May 22, 2024 |  |
July 24, 2024 |  | $0.23 |  | August 7, 2024 |  | August 21, 2024 |  |

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- Definition Tabular disclosure of information related to dividends declared, including paid and unpaid dividends. + References No definition available. + Details
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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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