XML 41 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share
The following table presents a reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share.
 
 
Three Months Ended 
 March 31,
(Dollars in thousands - except per share amounts)
 
2018
 
2017
Distributed earnings allocated to common stock
 
$
5,704

 
$
4,663

Undistributed earnings allocated to common stock
 
13,278

 
11,422

Net earnings allocated to common stock
 
18,982

 
16,085

Net earnings allocated to participating securities
 
134

 
121

Net income allocated to common stock and participating securities
 
$
19,116

 
$
16,206

 
 
 
 
 
Weighted average shares outstanding for basic earnings per common share
 
25,950,386

 
25,903,397

Dilutive effect of stock compensation
 
—

 
—

Weighted average shares outstanding for diluted earnings per common share
 
25,950,386

 
25,903,397

 
 
 
 
 
Basic earnings per common share
 
$
0.73

 
$
0.62

Diluted earnings per common share
 
$
0.73

 
$
0.62