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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Common Share  
Schedule of computation of earnings per common share

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

 

 

(in thousands, except per share data)

 

Net income available to common stockholders

 

$

10,444 

 

$

8,927 

 

$

27,778 

 

$

24,636 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

28,989 

 

28,973 

 

28,992 

 

28,965 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of outstanding options, warrants and restricted stock units as determined by the application of the treasury stock method

 

153 

 

140 

 

171 

 

122 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, as adjusted for diluted earnings per share calculation

 

29,142 

 

29,113 

 

29,163 

 

29,087 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

 

$

0.36 

 

$

0.31 

 

$

0.96 

 

$

0.85 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

$

0.36 

 

$

0.31 

 

$

0.95 

 

$

0.85