Earnings Per Share

12 Months Ended

Dec. 31, 2019

Earnings Per Share

Earnings Per Share

Note 14: Earnings Per Share

Earnings per share were computed as follows for years ended December 31, 2019,  2018 and 2017.

	Year Ended December 31,
	2019					2018					2017
			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	$	77,329				$	62,874				$	54,684
Dividends on preferred stock		(9,216)					(3,330)					(3,330)
Net income allocated to common shareholders	$	68,113				$	59,544				$	51,354
Basic earnings per share			28,705,125	$	2.37			28,692,955	$	2.08			22,551,452	$	2.28
Effect of dilutive securities—restricted stock awards			40,582					31,464					16,702
Diluted earnings per share			28,745,707	$	2.37			28,724,419	$	2.07			22,568,154	$	2.28