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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share is computed by dividing net income for the period by the weighted average number of common shares outstanding. Diluted earnings per share is computed using the treasury stock method and reflects the potential dilution from the Company’s outstanding restricted stock units and performance restricted stock units.
The following table sets forth the computation of basic and diluted earnings per share:
Three Months Ended March 31,
(dollars in thousands)20252024
Numerator:
Net income$19,075 $15,258 
Denominator:
Weighted average common shares outstanding31,584,98931,662,954
Dilutive effect of outstanding restricted stock units126,682140,233
Weighted average common shares outstanding, including all dilutive potential shares31,711,67131,803,187
Earnings per share - basic$0.60 $0.48 
Earnings per share - diluted$0.60 $0.48