Reconciliation of Numerators and Denominators of Basic and Diluted Earnings per Common Share |
A reconciliation of the numerators and denominators of basic and diluted earnings per common share for the three and nine month periods ended September
30, 2022 and 2021 are as follows (dollars in thousands, except per share data):
|
|
Three Months
Ended
September 30,
2022
|
|
|
Three Months
Ended
September 30,
2021
|
|
|
Nine Months
Ended
September 30,
2022
|
|
|
Nine Months
Ended
September 30,
2021
|
|
Net income available to common
shares
|
|
$
|
10,045
|
|
|
$
|
7,202
|
|
|
$
|
22,614
|
|
|
$
|
22,798
|
|
Weighted average shares
outstanding, including participating stock awards - Basic
|
|
|
34,251,792
|
|
|
|
34,190,264
|
|
|
|
34,253,459
|
|
|
|
34,192,916
|
|
Dilutive potential common
shares:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock options
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
Weighted average shares
outstanding - Diluted
|
|
|
34,251,792
|
|
|
|
34,190,264
|
|
|
|
34,253,459
|
|
|
|
34,192,916
|
|
Basic earnings per common share
|
|
$
|
0.29
|
|
|
$
|
0.21
|
|
|
$
|
0.66
|
|
|
$
|
0.67
|
|
Diluted earnings per common
share
|
|
$
|
0.29
|
|
|
$
|
0.21
|
|
|
$
|
0.66
|
|
|
$
|
0.67
|
|
|