Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2014

The following are the components and results of the Bancorp’s earnings per share calculation for the periods presented. Share and per share amounts have been adjusted to reflect the 10% stock dividend declared on May 15, 2014 and issued on June 30, 2014.



	For the Year Ended
	December 31,
	2014		2013		2012
(dollars in thousands, except per share data)
Net income available to common shareholders	$	43,214	$	32,694	$	23,818
Weighted-average number of common shares outstanding – basic	26,719,626		24,485,078		14,758,036
Share-based compensation plans	968,671		464,054		275,771
Warrants	250,707		198,520		131,976
Weighted-average number of common shares – diluted	27,939,004		25,147,652		15,165,783
Basic earnings per share	$	1.62	$	1.34	$	1.61
Diluted earnings per share	1.55		1.30		1.57

Anti-dilutive Securities Excluded from Computation of Earnings Per Share

The following is a summary of securities that could potentially dilute basic EPS in the future that were not included in the computation of diluted EPS because to do so would have been anti-dilutive for the periods presented. Share-based compensation awards and eligible warrants have been adjusted to reflect the 10% stock dividend declared on May 15, 2014 and issued on June 30, 2014.



	For the Year Ended
	December 31,
	2014	2013	2012
Anti-dilutive securities:
Share-based compensation awards	135,861	819,539	167,476
Warrants	118,745	118,745	129,946
Total anti-dilutive securities	254,606	938,284	297,422