Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share

Schedule of computation of earnings per share

	Three Month Periods Ended September 30,
	2019					2018
			Weighted-	Per				Weighted-	Per
	Net		Average	Share		Net		Average	Share
	Income		Shares	Amount		Income		Shares	Amount
	(In thousands)					(In thousands)
Net income	$	20,259				$	16,739
Dividends on preferred stock		(3,022)					(833)
Net income allocated to common shareholders	$	17,237				$	15,906
Basic earnings per share			28,706,438	$	0.60			28,694,036	$	0.55
Effect of dilutive securities-restricted stock awards			38,515					33,786
Diluted earnings per share			28,744,953	$	0.60			28,727,822	$	0.55

	Nine Month Periods Ended September 30,
	2019					2018
			Weighted-	Per				Weighted-	Per
	Net		Average	Share		Net		Average	Share
	Income		Shares	Amount		Income		Shares	Amount
	(In thousands)					(In thousands)
Net income	$	47,268				$	47,452
Dividends on preferred stock		(5,598)					(2,498)
Net income allocated to common shareholders	$	41,670				$	44,954
Basic earnings per share			28,704,682	$	1.45			28,692,591	$	1.57
Effect of dilutive securities-restricted stock awards			38,229					27,149
Diluted earnings per share			28,742,911	$	1.45			28,719,740	$	1.57