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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Components of Basic and Diluted Net Income per Common Share
The components of basic and diluted net income per common share available to common stockholders for the years ended December 31, 2019, 2018 and 2017 were as follows:
 
 
2019
 
2018
 
2017
Basic Net Income per Common Share
 
 
 
 
 
 
Available to Common Stockholders:
 
 
 
 
 
 
Net income available to common stockholders
 
47,943,000

 
36,600,000

 
26,684,000

Weighted average common shares outstanding
 
16,675,269
 
14,487,126
 
12,531,659
Basic earnings per common share
 
$
2.88

 
$
2.53

 
$
2.13

Diluted Net Income per Common Share
 
 
 
 
 
 
Available to Common Stockholders:
 
 
 
 
 
 
Net income available to common stockholders
 
$
47,943,000

 
$
36,600,000

 
$
26,684,000

Weighted average common shares outstanding
 
16,675,269

 
14,487,126

 
12,531,659

Dilutive potential common shares:
 
 
 
 
 
 
Assumed conversion of stock options
 

 
209

 
4,875

Restricted stock awarded
 
34,207

 
13,250

 

Dilutive potential common shares
 
34,207

 
13,459

 
4,875

Diluted weighted average common shares outstanding
 
16,709,476

 
14,500,585

 
12,536,534

Diluted earnings per common share
 
$
2.87

 
$
2.52

 
$
2.13


Anti-dilutive Securities
There were no shares not considered in computing diluted earnings per share for the years ended December 31, 2019, 2018 and 2017.