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Note 4: Earnings Per Share | 9 Months Ended
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Sep. 30, 2016
Notes |
Note 4: Earnings Per Share | NOTE 4: EARNINGS PER SHARE
| Three Months Ended September 30,
| 2016 |  | 2015
| (In Thousands, Except Per Share Data)
Basic: |  |  |
Average shares outstanding | 13,914 |  | 13,840
Net income available to common stockholders | $11,221 |  | $11,051
Per common share amount | $0.81 |  | $0.80
Diluted: |  |  |
Average shares outstanding | 13,914 |  | 13,840
Net effect of dilutive stock options – based on the treasury |  |  |
stock method using average market price | 140 |  | 178
Diluted shares | 14,054 |  | 14,018
Net income available to common stockholders | $11,221 |  | $11,051
Per common share amount | $0.80 |  | $0.79
| Nine Months Ended September 30,
| 2016 |  | 2015
| (In Thousands, Except Per Share Data)
Basic: |  |  |
Average shares outstanding | 13,906 |  | 13,815
Net income available to common stockholders | $33,548 |  | $34,417
Per common share amount | $2.41 |  | $2.49
Diluted: |  |  |
Average shares outstanding | 13,906 |  | 13,815
Net effect of dilutive stock options – based on the treasury |  |  |
stock method using average market price | 140 |  | 178
Diluted shares | 14,046 |  | 13,993
Net income available to common stockholders | $33,548 |  | $34,417
Per common share amount | $2.39 |  | $2.46
Options outstanding at September 30, 2016 and 2015, to purchase 111,425 and 7,250 shares of common stock, respectively, were not included in the computation of diluted earnings per common share for each of the three and nine month periods because the exercise prices of such options were greater than the average market prices of the common stock for the three and nine months ended September 30, 2016 and 2015, respectively.

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