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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share:


 
Three Months Ended
September 30
    
Nine Months Ended
September 30
  
(in thousands except per share data)
  
2019
    
2018
    
2019
    
2018
  
Numerator:
                        
Net income
  
$
15,269
    
$
16,106
    
$
48,532
    
$
43,519
  
                                 
Denominator:
                                
Basic earnings per share:
                                
Weighted average shares
    
17,726
      
17,691
      
17,720
      
17,683
  
Diluted earnings per share:
                                
Effect of dilutive stock options and restricted stock grants
    
17
      
19
      
13
      
17
  
Adjusted weighted average shares
    
17,743
      
17,710
      
17,733
      
17,700
  
                                 
Earnings per share:
                                
Basic earnings per share
  
$
0.86
    
$
0.91
    
$
2.74
    
$
2.46
  
Diluted earnings per share
    
0.86
      
0.91
      
2.74
      
2.46
  
Note 11 – Accumulated Other Comprehensive Income

Unrealized gains on AFS securities


Amounts reclassified from accumulated other comprehensive income (AOCI) and the affected line items in the statements of income during the three and nine months ended September 30, 2019 and 2018 were:


  
Amounts Reclassified from AOCI
  
(in thousands)
  
Three Months Ended
September 30
    
Nine Months Ended
September 30
  
   
2019
    
2018
    
2019
    
2018
  
Affected line item in the statements of income
                        
Securities gains (losses)
  
$
(2
)
  
$
(2
)
  
$
4
    
$
149
  
Tax expense (benefit)
    
(1
)
    
0
      
1
      
32
  
Total reclassifications out of AOCI
  
$
(1
)
  
$
(2
)
  
$
3
    
$
117