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Net Income per Common Share
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Net Income per Common Share Net Income per Common Share
The calculation of net income per common share for the three and six months ended June 30, 2023 and 2022 was as follows:
Three Months Ended June 30,Six Months Ended June 30,
(dollars and shares in thousands, except per share data)2023202220232022
Basic:
Net income$28,692 $15,696 $52,926 $61,440 
Average common shares outstanding30,455 32,081 30,780 32,057 
Basic net income per common share$0.94 $0.49 $1.72 $1.92 
Diluted:
Net income$28,692 $15,696 $52,926 $61,440 
Average common shares outstanding30,455 32,081 30,780 32,057 
Adjustment for common share equivalents50 62 52 69 
Average common shares outstanding-diluted30,505 32,143 30,832 32,126 
Diluted net income per common share$0.94 $0.49 $1.72 $1.91 
Anti-dilutive shares— —