General (Tables)

9 Months Ended

Sep. 30, 2015

The following table presents the calculation of basic and diluted earnings per common share for the periods indicated:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
(Amounts in thousands, except share and per share data)
Net income	$	6,259	$	7,043	$	18,392	$	19,775
Dividends on preferred stock		—		228		105		683

Net income available to common shareholders	$	6,259	$	6,815	$	18,287	$	19,092

Weighted average number of common shares outstanding, basic		18,470,348		18,402,764		18,644,679		18,407,173
Dilutive effect of potential common shares from:
Stock options		26,804		17,375		24,938		18,027
Restricted stock		3,823		568		3,091		506
Convertible preferred stock		—		1,045,419		223,201		1,046,430

Weighted average number of common shares outstanding, diluted		18,500,975		19,466,126		18,895,909		19,472,136

Basic earnings per common share	$	0.34	$	0.37	$	0.98	$	1.04
Diluted earnings per common share		0.34		0.36		0.97		1.02

Antidilutive potential common shares:
Stock options		130,382		255,244		130,382		255,244