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EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2019

EARNINGS PER SHARE

Schedule of weighted average number of shares

Following are the factors used in the earnings per share computations:

​

​	​	​	​	​	​	​	​	​	​
(dollars in thousand except share and per share data)		2019			2018			2017
Basic earnings per common share:		​			​			​
Net income	​	$	87,047	​	$	80,411	​	$	57,330
Weighted-average common shares outstanding	​		25,588,404	​		25,288,533	​		25,181,208
Basic earnings per common share	​	$	3.40	​	$	3.18	​	$	2.28
Diluted earnings per common share:	​			​			​
Net income	​	$	87,047	​	$	80,411	​	$	57,330
Weighted-average common shares outstanding for basic earnings per common share	​		25,588,404	​		25,288,533	​		25,181,208
Add: Dilutive effect of assumed exercise of warrant	​		0	​		225,831	​		219,273
Add: Dilutive effect of assumed exercises of stock options and awards	​		170,489	​		213,467	​		262,900
Average shares and dilutive potential common shares	​		25,758,893	​		25,727,831	​		25,663,381
Diluted earnings per common share	​	$	3.38	​	$	3.13	​	$	2.23

​

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- References

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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