Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2015

The following are the components and results of the Bancorp’s earnings per share calculation for the periods presented. Share and per share amounts for the three months ended March 31, 2014 have been adjusted to reflect the 10% stock dividend declared on May 15, 2014 and issued on June 30, 2014.



	Three Months Ended March 31,
	2015		2014
(amounts in thousands, except per share data)
Net income available to common shareholders	$	13,952	$	8,136
Weighted-average number of common shares outstanding - basic	26,777,389		26,686,570
Share-based compensation plans	1,276,340		845,901
Warrants	284,074		242,560
Weighted-average number of common shares - diluted	28,337,803		27,775,031
Basic earnings per share	$	0.52	$	0.30
Diluted earnings per share	0.49		0.29

Anti-dilutive Securities Excluded from Computation of Earnings Per Share

The following is a summary of securities that could potentially dilute basic earnings per share in future periods that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented. Share-based compensation awards and eligible warrants for the three months ended March 31, 2014 have been adjusted to reflect the 10% stock dividend declared on May 15, 2014 and issued on June 30, 2014.



	Three Months Ended March 31,
	2015	2014
Anti-dilutive securities:
Share-based compensation awards	18,683	134,682
Warrants	52,242	118,745
Total anti-dilutive securities	70,925	253,427