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Earnings Per Share
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 19 – EARNINGS PER SHARE

The factors used in the earnings per share computation follow:

 

 

 

2017

 

 

2016

 

 

2015

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

22,711

 

 

$

20,557

 

 

$

8,055

 

Weighted average shares outstanding

 

 

27,567,909

 

 

 

27,180,230

 

 

 

22,678,338

 

Basic earnings per share

 

$

0.82

 

 

$

0.76

 

 

$

0.36

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

22,711

 

 

$

20,557

 

 

$

8,055

 

Weighted average shares for basic earnings per share

 

 

27,567,909

 

 

 

27,180,230

 

 

 

22,678,338

 

Average unvested restricted stock awards

 

 

51,167

 

 

 

29,108

 

 

 

5,232

 

Weighted average shares for diluted earnings per share

 

 

27,619,076

 

 

 

27,209,338

 

 

 

22,683,570

 

Diluted earnings per share

 

$

0.82

 

 

$

0.76

 

 

$

0.36

 

 

There were no restricted stock awards that were considered anti-dilutive at year end 2017 and 2016.  There were 193,105 award shares of common stock that were not considered in computing diluted earnings per share because they were anti-dilutive at year end 2015.