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Earnings Per Share

3 Months Ended

Mar. 31, 2021

Earnings Per Share

Earnings Per Share

NOTE 14 Earnings Per Share

The calculation of basic and diluted earnings per share using the two-class method for the three months ending March 31, 2021 and 2020 are presented below:

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​	​	​	​	​	​	​
​	​	Three months ended
​	​	March 31,
(dollars and shares in thousands, except per share data)		2021			2020
Net income	​	$	15,215	​	$	5,363
Dividends and undistributed earnings allocated to participating securities	​	​	254	​	​	82
Net income available to common shareholders	​	$	14,961	​	$	5,281
Weighted-average common shares outstanding for basic earnings per share	​	​	17,145	​		17,070
Dilutive effect of stock-based awards	​		320	​		335
Weighted-average common shares outstanding for diluted earnings per share	​	​	17,465	​	​	17,405
Earnings per common share:	​	​	​	​	​	​
Basic earnings per common share	​	$	0.87	​	$	0.31
Diluted earnings per common share	​	$	0.86	​	$	0.30

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257

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