XML 47 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 19 – EARNINGS PER SHARE

The factors used in the earnings per share computation follow:

 

 

 

2016

 

 

2015

 

 

2014

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

20,557

 

 

$

8,055

 

 

$

8,965

 

Weighted average shares outstanding

 

 

27,180,230

 

 

 

22,678,338

 

 

 

18,674,526

 

Basic earnings per share

 

$

0.76

 

 

$

0.36

 

 

$

0.48

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

20,557

 

 

$

8,055

 

 

$

8,965

 

Weighted average shares out-standing for basic earnings

   per share

 

 

27,180,230

 

 

 

22,678,338

 

 

 

18,674,526

 

Restricted stock awards

 

 

29,108

 

 

 

5,232

 

 

 

890

 

Weighted average shares for diluted earnings per share

 

 

27,209,338

 

 

 

22,683,570

 

 

 

18,675,416

 

Diluted earnings per share

 

$

0.76

 

 

$

0.36

 

 

$

0.48

 

 

There were no restricted stock awards that were considered anti-dilutive at year end 2016 and 2014.  There were 193,105 award shares of common stock that were not considered in computing diluted earnings per share because they were anti-dilutive at year end 2015.