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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2020
EARNINGS PER SHARE  
Schedule of earnings per share computation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

    

Six Months Ended

 

 

June 30, 

 

June 30, 

(Dollars in thousands except per share data)

    

2020

    

2019

    

2020

    

2019

Basic earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

7,739

 

$

12,960

 

$

17,555

 

$

21,692

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

25,575,837

 

 

24,198,196

 

 

25,552,864

 

 

24,237,168

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.30

 

$

0.54

 

$

0.69

 

$

0.90

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

7,739

 

$

12,960

 

$

17,555

 

$

21,692

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding for basic earnings per common share

 

 

25,575,837

 

 

24,198,196

 

 

25,552,864

 

 

24,237,168

Add: Dilutive effects of restricted stock and options

 

 

141,502

 

 

187,853

 

 

178,850

 

 

190,474

 

 

 

 

 

 

 

 

 

 

 

 

 

Average shares and dilutive potential common shares

 

 

25,717,339

 

 

24,386,049

 

 

25,731,714

 

 

24,427,642

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$

0.30

 

$

0.53

 

$

0.68

 

$

0.89