XML 47 R32.htm IDEA: XBRL DOCUMENT v3.8.0.1
NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2017
NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Premises and Fixed Assets, Net
Depreciation is computed by the straight-line method over the estimated useful lives of the properties as follows:

Buildings
2.22% to 2.50% per year
Leasehold improvements
Lesser of the useful life of the asset or the remaining non-cancelable terms of the related leases
Furniture, fixtures and equipment
10% per year
Reconciliation of the Numerator and Denominator of Basic EPS and Diluted EPS for the Periods
The following is a reconciliation of the numerator and denominator of basic EPS and diluted EPS for the periods indicated:

  
Year Ended December 31,
 
  
2017
  
2016
  
2015
 
Numerator:
         
Net Income per the Consolidated Statements of Operations
 
$
51,882
  
$
72,514
  
$
44,772
 
Less: Dividends paid on earnings allocated to participating securities
  
(131
)
  
(109
)
  
(136
)
Income attributable to Common Stock
 
$
51,751
  
$
72,405
  
$
44,636
 
Weighted average common shares outstanding, including participating securities
  
37,593,715
   
36,898,951
   
36,477,854
 
Less: weighted average participating securities
  
(163,056
)
  
(186,058
)
  
(245,037
)
Weighted average common shares outstanding
  
37,430,659
   
36,712,893
   
36,232,817
 
Basic EPS
 
$
1.38
  
$
1.97
  
$
1.24
 
             
Income attributable to Common Stock
 
$
51,751
  
$
72,405
  
$
44,636
 
Weighted average common shares outstanding
  
37,430,659
   
36,712,893
   
36,232,817
 
Weighted average common equivalent shares outstanding
  
79,790
   
51,193
   
89,516
 
Weighted average common and equivalent shares outstanding
  
37,510,449
   
36,764,086
   
36,322,333
 
Diluted EPS
 
$
1.38
  
$
1.97
  
$
1.23