XML 37 R25.htm IDEA: XBRL DOCUMENT v3.5.0.2
Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Earnings per common share have been computed as follows:

Three Months Ended Nine Months Ended
September 30,   September 30,
(in thousands, except per share amounts) 2016       2015       2016       2015
Net income $ 11,856 $ 10,842 $ 33,106 $ 31,743
Preferred stock dividends - (28 ) (22 ) (84 )
       Net income available to common stockholders $        11,856 $        10,814 $        33,084 $        31,659
Basic weighted average common shares outstanding   30,125 30,046   30,100 29,786
Effect of dilutive options (1) 276   290   276   537
       Diluted weighted average common shares outstanding (2) 30,401 30,336 30,376   30,323
Earnings per common share:  
       Basic $ 0.39 $ 0.36 $ 1.10 $ 1.06
       Diluted 0.39 0.36 1.09 1.04

(1) Represents incremental shares computed using the treasury stock method.
(2) Anti-dilutive shares are not included in determining diluted earnings per share. There were no anti-dilutive shares in