Annual report [Section 13 and 15(d), not S-K Item 405]

Note 19 - Earnings Per Common Share

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Note 19 - Earnings Per Common Share
 12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 19.

EARNINGS PER COMMON SHARE

 

Basic earnings per common share are computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per common share include the dilutive effect of additional potential common shares issuable pursuant to the exercise of stock options and vesting of performance shares. The difference in earnings per share under the two-class method was not significant at December 31, 2024, 2023 and 2022.

 

   

Year Ended December 31,

  
   

2024

    

2023

    

2022

  
   

(Dollar Amounts In Thousands Except Per Share Amounts)

  

Earnings Per Share

                        

Weighted average common shares outstanding

     54,528,302       54,411,171       54,300,366  

Net income available to common stockholders

   $ 227,180     $ 206,791     $ 251,442  

Basic earnings per common share

   $ 4.17     $ 3.80     $ 4.63  
                         

Weighted average common shares outstanding

     54,528,302       54,411,171       54,300,366  

Dilutive effects of assumed exercise of stock options

                        

and vesting of performance shares

     95,932       124,144       234,408  

Weighted average common and dilutive potential

                        

common shares outstanding

     54,624,234       54,535,315       54,534,774  

Net income available to common stockholders

   $ 227,180     $ 206,791     $ 251,442  

Diluted earnings per common share

   $ 4.16     $ 3.79     $ 4.61