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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share  
Schedule of computation of earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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