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EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Common Share
Computations for basic and diluted EPS are provided below. 
 
Three Months Ended
 
Six Months Ended
 
Common
Stock
 
Class B
Common
Stock
 
Total
 
Common
Stock
 
Class B
Common
Stock
 
Total
 
($ in thousands, except per share data)
June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
15,923

 
$
1

 
$
15,924

 
$
28,482

 
$
16

 
$
28,498

Less: income allocated to participating securities
(308
)
 

 
(308
)
 
(580
)
 

 
(580
)
Less: participating securities dividends
(173
)
 

 
(173
)
 
(346
)
 

 
(346
)
Less: preferred stock dividends
(2,843
)
 

 
(2,843
)
 
(3,751
)
 
(2
)
 
(3,753
)
Net income allocated to common stockholders
$
12,599

 
$
1

 
$
12,600

 
$
23,805

 
$
14

 
$
23,819

Weighted average common shares outstanding
38,519,816

 
11

 
38,519,827

 
38,127,368

 
20,998

 
38,148,366

Basic earnings per common share
$
0.33

 
$
0.33

 
$
0.33

 
$
0.62

 
$
0.62

 
$
0.62

Diluted:
 
 
 
 
 
 
 
 
 
 
 
Net income allocated to common stockholders
$
12,599

 
$
1

 
$
12,600

 
$
23,805

 
$
14

 
$
23,819

Additional income allocation for class B dilutive shares
(162
)
 
162

 

 
(250
)
 
250

 

Adjusted net income allocated to common stockholders
$
12,437

 
$
163

 
$
12,600

 
$
23,555

 
$
264

 
$
23,819

Weighted average common shares outstanding for basic earnings per common share
38,519,816

 
11

 
38,519,827

 
38,127,368

 
20,998

 
38,148,366

Add: Dilutive effects of restricted stock units
138,196

 

 
138,196

 
142,381

 

 
142,381

Add: Dilutive effects of purchase contracts

 

 

 

 

 

Add: Dilutive effects of stock options
42,533

 

 
42,533

 
12,179

 

 
12,179

Add: Dilutive effects of warrants

 
494,622

 
494,622

 

 
404,369

 
404,369

Average shares and dilutive common shares
38,700,545

 
494,633

 
39,195,178

 
38,281,928

 
425,367

 
38,707,295

Diluted earnings per common share
$
0.32

 
$
0.33

 
$
0.32

 
$
0.62

 
$
0.62

 
$
0.62

June 30, 2014
 
 
 
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
7,912

 
$
187

 
$
8,099

 
$
8,620

 
$
228

 
$
8,848

Less: income allocated to participating securities
(156
)
 
(4
)
 
(160
)
 
(66
)
 
(2
)
 
(68
)
Less: participating securities dividends

 

 

 

 

 

Less: preferred stock dividends
(889
)
 
(21
)
 
(910
)
 
(1,773
)
 
(47
)
 
(1,820
)
Net income allocated to common stockholders
$
6,867

 
$
162

 
$
7,029

 
$
6,781

 
$
179

 
$
6,960

Weighted average common shares outstanding
25,239,390

 
596,018

 
25,835,408

 
22,439,267

 
593,030

 
23,032,297

Basic earnings per common share
$
0.27

 
$
0.27

 
$
0.27

 
$
0.30

 
$
0.30

 
$
0.30

Diluted:
 
 
 
 
 
 
 
 
 
 
 
Net income allocated to common stockholders
$
6,867

 
$
162

 
$
7,029

 
$
6,781

 
$
179

 
$
6,960

Weighted average common shares outstanding for basic earnings per common share
25,239,390

 
596,018

 
25,835,408

 
22,439,267

 
593,030

 
23,032,297

Add: Dilutive effects of restricted stock units
38,741

 

 
38,741

 
22,110

 

 
22,110

Add: Dilutive effects of purchase contracts
55,370

 

 
55,370

 
27,838

 

 
27,838

Add: Dilutive effects of stock options
568

 

 
568

 
13,268

 

 
13,268

Add: Dilutive effects of warrants

 
58,478

 
58,478

 

 
158,205

 
158,205

Average shares and dilutive common shares
25,334,069

 
654,496

 
25,988,565

 
22,502,483

 
751,235

 
23,253,718

Diluted earnings per common share
$
0.27

 
$
0.25

 
$
0.27

 
$
0.30

 
$
0.24

 
$
0.30