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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share  
Schedule of computation of earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Month Periods Ended March 31, 

 

 

2020

 

2019

 

 

 

 

 

Weighted-

 

Per 

 

 

 

 

Weighted-

 

Per 

 

 

Net

 

Average

 

Share

 

Net

 

Average

 

Share

 

    

Income

    

Shares

    

Amount

    

Income

    

Shares

    

Amount

 

 

(In thousands)

 

 

 

 

 

 

(In thousands)

 

 

 

 

 

Net income

 

$

24,583

 

  

 

 

  

 

$

10,570

 

  

 

 

  

Dividends on preferred stock

 

 

(3,618)

 

  

 

 

  

 

 

(833)

 

  

 

 

  

Net income allocated to common shareholders

 

$

20,965

 

  

 

 

  

 

$

9,737

 

  

 

 

  

Basic earnings per share

 

 

  

 

28,734,632

 

$

0.73

 

 

  

 

28,702,250

 

$

0.34

Effect of dilutive securities-restricted stock awards

 

 

  

 

24,780

 

 

  

 

 

  

 

35,189

 

 

  

Diluted earnings per share

 

 

  

 

28,759,412

 

$

0.73

 

 

  

 

28,737,439

 

$

0.34