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Earnings Per Share | 9 Months Ended
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Sep. 30, 2019
Earnings Per Share [Abstract] |
Earnings Per Share [Text Block] | Earnings Per Share Basic net income per common share available to common stockholders is calculated as net income less preferred stock dividends divided by the weighted average number of common shares outstanding. Diluted net income per common share available to common stockholders is computed using the weighted average number of common shares outstanding, increased by the Company’s stock options, unless anti-dilutive. The components of basic and diluted net income per common share available to common stockholders for the three and nine-month period ended September 30, 2019 and 2018 were as follows:
| Three months ended September 30, |  | Nine months ended September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Basic Net Income per Common Share |  |  |  |  |  |  |
Available to Common Stockholders: |  |  |  |  |  |  |
Net income | $ | 11,670,000 |  |  | $ | 8,234,000 |  |  | $ | 35,967,000 |  |  | $ | 26,661,000 |
Weighted average common shares outstanding | 16,684,395 |  | 15,290,539 |  | 16,677,932 |  | 13,982,339
Basic earnings per common share | $ | 0.70 |  |  | $ | 0.54 |  |  | $ | 2.16 |  |  | $ | 1.91 |
Diluted Net Income per Common Share |  |  |  |  |  |  |
Available to Common Stockholders: |  |  |  |  |  |  |
Net income applicable to diluted earnings per share | $ | 11,670,000 |  |  | $ | 8,234,000 |  |  | $ | 35,967,000 |  |  | $ | 26,661,000 |
Weighted average common shares outstanding | 16,684,395 |  |  | 15,290,539 |  |  | 16,677,932 |  |  | 13,982,339 |
Dilutive potential common shares: |  |  |  |  |  |  |
Assumed conversion of stock options | — |  |  | 2,429 |  |  | — |  |  | 3,570 |
Restricted stock awarded | 34,780 |  |  | 13,250 |  |  | 34,780 |  |  | 13,250 |
Dilutive potential common shares | 34,780 |  |  | 15,679 |  |  | 34,780 |  |  | 16,820 |
Diluted weighted average common shares outstanding | 16,719,175 |  |  | 15,306,218 |  |  | 16,712,712 |  |  | 13,999,159 |
Diluted earnings per common share | $ | 0.70 |  |  | $ | 0.54 |  |  | $ | 2.15 |  |  | $ | 1.90 |
There were no shares not considered in computing diluted earnings per share for the three and nine-month periods ended September 30, 2019 and 2018 because they were anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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