Three Months Ended March 31,

2022

2021

(dollars in thousands, except per share amounts)

Basic EPS

Net income

$

20,695

$

16,659

Less: income allocated to unvested restricted stock

124

100

Income allocated to common shares

$

20,571

$

16,559

Weighted-average shares for basic EPS

30,254,212

30,461,681

Basic EPS ⁽¹⁾

$

0.68

$

0.54

Effect of dilutive stock options and unvested performance restricted stock

123,368

12,289

Diluted EPS

Income allocated to common shares

$

20,571

$

16,559

Weighted-average shares for diluted EPS

30,377,580

30,473,970

Diluted EPS ⁽¹⁾

$

0.68

$

0.54

⁽¹⁾

Per share amounts may not be able to be recalculated using net income and weighted-average shares presented above due to rounding.