Earnings Per Share

12 Months Ended

Dec. 31, 2017

Earnings per share

Earnings per share

Note 13: Earnings Per Share

Earnings per share were computed as follows for years ended December 31, 2017, 2016 and 2015.

	Year Ended December 31,
	2017					2016					2015
			Weighted-	Per				Weighted-	Per				Weighted-	Per
	Net		Average	Share		Net		Average	Share		Net		Average	Share
	Income		Shares	Amount		Income		Shares	Amount		Income		Shares	Amount
	(In thousands)					(In thousands)						(In thousands)
Net income	$	54,684				$	33,127				$	28,383
Dividends on preferred stock		(3,330)					(2,002)					0
Net income allocated to common shareholders	$	51,354				$	31,125				$	28,383
Basic earnings per share			22,551,452	$	2.28			21,111,208	$	1.47			21,075,475	$	1.35
Effect of dilutive securities—restricted stock awards			16,702					2,227					-
Diluted earnings per share			22,568,154	$	2.28			21,113,435	$	1.47			21,075,475	$	1.35