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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share  
Schedule of Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

    

2016

    

2015

    

2016

    

2015

Basic earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

29,554,716

 

 

29,478,429

 

 

29,524,796

 

 

29,474,833

Net income

 

$

3,499

 

$

3,924

 

$

10,666

 

$

11,552

Preferred stock dividends and accretion

 

 

 -

 

 

339

 

 

 -

 

 

1,873

Net earnings available to common stockholders

 

$

3,499

 

$

3,585

 

$

10,666

 

$

9,679

Basic earnings per share

 

$

0.12

 

$

0.12

 

$

0.36

 

$

0.33

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

29,554,716

 

 

29,478,429

 

 

29,524,796

 

 

29,474,833

Dilutive effect of nonvested restricted awards1

 

 

282,228

 

 

268,000

 

 

303,221

 

 

249,401

Dilutive effect of stock options

 

 

1,238

 

 

 -

 

 

413

 

 

 -

Diluted average common shares outstanding

 

 

29,838,182

 

 

29,746,429

 

 

29,828,430

 

 

29,724,234

Net earnings available to common stockholders

 

$

3,499

 

$

3,585

 

$

10,666

 

$

9,679

Diluted earnings per share

 

$

0.12

 

$

0.12

 

$

0.36

 

$

0.33

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of antidilutive options and warrants excluded from the diluted earnings per share calculation

 

 

967,339

 

 

1,044,339

 

 

977,426

 

 

1,044,339

 

 

 

 

 

 

 

 

 

 

 

 

 

1 Includes the common stock equivalents for restricted share rights that are dilutive.