EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2017

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE 20: EARNINGS PER SHARE

Basic earnings per common share is computed as net income available to common shareholders divided by the weighted-average number of common shares outstanding during the period.

Diluted earnings per common share is computed using the weighted‑average number of shares determined for the basic earnings per common share computation plus the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock using the treasury stock method.

The following table illustrates the computation of basic and diluted earnings per share:

	Year Ended December 31,
(Dollars in thousands, except per share data)	2017		2016		2015
Net income for common shareholders	$	27,571	$	27,208	$	24,136
Weighted-average shares (thousands)
Basic weighted-average shares outstanding		22,457		22,049		22,462
Dilutive effect of outstanding stock options and unvested restricted stock awards		116		186		213
Diluted weighted-average shares outstanding		22,573		22,235		22,675
Earnings per share:
Basic	$	1.23	$	1.23	$	1.07
Diluted	$	1.22	$	1.22	$	1.06