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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Summary of Components Used to Calculate Basic and Diluted Earnings Per Share
Presented below is a summary of the components used to calculate basic and diluted earnings per share:
 
 
 
Years Ended December 31,
 
 
 
2015
 
2014
 
2013
 
 
 
(Dollars in Thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Distributed earnings allocated to common stockholders
 
$
6,439
 
$
4,016
 
$
-
 
Undistributed earnings allocated to common stockholders
 
 
34,408
 
 
34,421
 
 
18,280
 
Net income available to common shareholders
 
$
40,847
 
$
38,437
 
$
18,280
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding
 
 
31,762
 
 
25,974
 
 
23,918
 
Effect of dilutive restricted grants
 
 
244
 
 
15
 
 
378
 
Effect of dilutive options
 
 
121
 
 
270
 
 
169
 
Weighted average number of common shares outstanding used to calculate diluted earnings per share
 
 
32,127
 
 
26,259
 
 
24,465