XML 36 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
Shareholders’ Equity and Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2017
Shareholders’ Equity and Earnings Per Share.  
Schedule of reconciliation of factors used in computing basic and diluted earnings per common share

 

 

 

 

 

 

 

 

 

 

March 31, 

 

 

    

2017

    

2016

    

 

 

(Dollars in thousands, except per share amounts)

 

Net income available to common shareholders

 

$

6,538

 

$

5,602

 

Less: undistributed earnings allocated to Series C Preferred Stock

 

 

 —

 

 

(403)

 

Distributed and undistributed earnings allocated to common shareholders

 

$

6,538

 

$

5,199

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding for basic earnings per common share

 

 

37,957,999

 

 

32,125,716

 

Dilutive effect of stock options oustanding, using the the treasury stock method

 

 

536,108

 

 

251,777

 

Shares used in computing diluted earnings per common share

 

 

38,494,107

 

 

32,377,493

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$
0.17

 

$

0.16

 

Diluted earnings per share

 

$
0.17

 

$

0.16