Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2014

Reconciles Numerators and Denominators of Basic Earnings Per Share with Diluted Earnings Per Share

The following table reconciles the numerators and denominators of basic earnings per share with that of diluted earnings per share for the periods presented:



	Three Months Ended March 31,
(dollars in thousands, except shares and per share data)	2014		2013
Numerator for Earnings per Share—Basic:
Net income	$	14,033	$	12,330
Less: Income allocated to participating shares	35		45
Net Income Allocated to Shareholders	$	13,998	$	12,285
Numerator for Earnings per Share—Diluted:
Net income	14,033		12,330
Net Income Available to Shareholders	$	14,033	$	12,330
Denominators:
Weighted Average Shares Outstanding—Basic	29,660,794		29,621,453
Add: Dilutive potential shares	37,253		52,953
Denominator for Treasury Stock Method—Diluted	29,698,047		29,674,406
Weighted Average Shares Outstanding—Basic	29,660,794		29,621,453
Add: Average participating shares outstanding	74,237		108,249
Denominator for Two-Class Method—Diluted	29,735,031		29,729,702
Earnings per share—basic	$	0.47	$	0.41
Earnings per share—diluted	$	0.47	$	0.41
Warrants considered anti-dilutive excluded from dilutive potential shares	517,012		517,012
Stock options considered anti-dilutive excluded from dilutive potential shares	428,863		655,573
Restricted stock considered anti-dilutive excluded from dilutive potential shares	36,984		55,296