Why did you take out and then contribute?
an excess is an amount contributed that was not allowed.
You have until Tax Day to withdraw an excess contribution.
You have to have the Custodian calculate the earnings you received on the excess amount which went in after you took your first 2021 distribution.
If you wait a year, beyond the due date of the tax return for 2021 including extension,
you do not have to take out the earnings. you only have to take out the contribution, and pay the 6% penalty.
If your Roth is growing this is something to consider.
