Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2014

Earnings per Share

Schedule of computation of basic and diluted earnings per share

		2014		2013		2012
Basic earnings per common share
Net income	$	39,961	$	11,639	$	6,012
Less income allocated to participating securities		609		179		69
Net income allocated to common shareholders	$	39,352	$	11,460	$	5,943
Weighted average common shares outstanding		22,168,500		22,029,374		21,894,569
	$	1.78	$	0.52	$	0.27
Earnings per common share assuming dilution
Net income	$	39,961	$	11,639	$	6,012
Less income allocated to participating securities		609		179		69
Net income allocated to common shareholders	$	39,352	$	11,460	$	5,943
Weighted average common shares outstanding		22,168,500		22,029,374		21,894,569
Incremental shares applicable to stock based compensation		20,346		37,800		69,742
Weighted average common shares assuming dilution		22,188,846		22,067,174		21,964,311
	$	1.77	$	0.51	$	0.26