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Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2017
Accounting Policies [Abstract]  
Summary of Computation of Basic and Diluted Earnings Per Share

The following table shows computation of basic and diluted earnings per share.

 

    

Three Months Ended

June 30

     

Six Months Ended

June 30

  
     2017      2016      2017      2016  
     (Unaudited)      (Unaudited)      (Unaudited)      (Unaudited)  

Basic earnings per share

            

Net income

    $ 9,072      $ 6,326      $ 17,296      $ 11,707  

Less: Preferred stock dividends

      —          —          —          42  
  

 

 

     

 

 

     

 

 

     

 

 

  

Net income available to common shareholders

    $ 9,072      $ 6,326      $ 17,296      $ 11,665  

Weighted average common shares outstanding(1)

      22,176,465        18,268,880        22,175,998        18,096,503  

Basic earnings per share

    $ 0.41      $ 0.35      $ 0.78      $ 0.65  
  

 

 

     

 

 

     

 

 

     

 

 

  

Diluted earnings per share

            

Net income available to common shareholders

    $ 9,072      $ 6,326      $ 17,296      $ 11,665  

Weighted average common shares outstanding(1)

      22,176,465        18,268,880        22,175,998        18,096,503  

Effect of dilutive securities:

            

Restricted stock

      30,091        31,082        33,205        31,575  

Stock options

      115,834        64,206        115,317        62,465  
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted average shares outstanding

      22,322,390        18,364,167        22,324,520        18,190,542  

Diluted earnings per share

    $ 0.41      $ 0.35      $ 0.77      $ 0.64  
  

 

 

     

 

 

     

 

 

     

 

 

  

 

(1)  Adjusted for 3:2 stock split on November 14, 2016