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Note 8 - Net Income Per Common Share
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

Note 8. Net Income per Common Share


The calculation of net income per common share for the six months ended June 30, 2015 and 2014 was as follows.


   

Six Months Ended June 30,

   

Three Months Ended June 30,

 

(dollars and shares in thousands, except per share data)

 

2015

   

2014

   

2015

   

2014

 

Basic:

                               

Net income available to common shareholders

  $ 39,997     $ 25,160     $ 20,759     $ 12,802  

Average common shares outstanding

    32,231       25,955       33,367       25,982  

Basic net income per common share

  $ 1.24     $ 0.97     $ 0.62     $ 0.49  
                                 

Diluted:

                               

Net income available to common shareholders

  $ 39,997     $ 25,160     $ 20,759     $ 12,802  

Average common shares outstanding

    32,231       25,955       33,367       25,982  

Adjustment for common share equivalents

    664       645       631       647  

Average common shares outstanding-diluted

    32,895       26,600       33,998       26,629  

Diluted net income per common share

  $ 1.22     $ 0.95     $ 0.61     $ 0.48  
                                 

Anti-dilutive shares

    13       21       13       21