EARNINGS PER SHARE ("EPS") (Tables)

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Calculation of Basic and Diluted EPS

The following tables set forth the calculation of basic and diluted EPS for the three and nine-month periods ended September 30, 2018 and 2017.

	Three months ended September 30,				Nine months ended September 30,
	2018		2017		2018		2017
	(in thousands except share and per share data)
Basic earnings per share
Net income attributable to the Company	$	6,126	$	4,161	$	17,997	$	11,320
Less: Dividend on series B preferred stock	22		297		429		893
Net income attributable to common shares	$	6,104	$	3,864	$	17,568	$	10,427
Basic weighted-average common shares outstanding	10,168,991		8,417,694		9,350,068		8,358,288
Basic earnings per common share	$	0.60	$	0.46	$	1.88	$	1.25
Diluted earnings per share
Net income attributable to common shares	$	6,104	$	3,864	$	17,568	$	10,427
Add: Dividend on series B preferred stock	22		297		429		893
Net income attributable to diluted common shares	$	6,126	$	4,161	$	17,997	$	11,320
Basic weighted-average common shares outstanding	10,168,991		8,417,694		9,350,068		8,358,288
Dilutive potential common shares	751,034		2,471,492		1,562,811		2,469,972
Diluted weighted-average common shares outstanding	10,920,025		10,889,186		10,912,879		10,828,260
Diluted earnings per common share	$	0.56	$	0.38	$	1.65	$	1.05