Earnings Per Share

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER SHARE

The following table reconciles the numerators and denominators of basic and diluted EPS:

	Years ended December 31,
(dollars in thousands, except share and per share data)	2014		2013		2012
Numerator for Earnings per Common Share—Basic:
Net income	$	57,910	$	50,539	$	34,200
Less: Income allocated to participating shares	165		147		126
Net Income Allocated to Common Shareholders	$	57,745	$	50,392	$	34,074
Numerator for Earnings per Common Share—Diluted:
Net income	$	57,910	$	50,539	$	34,200
Denominators:
Weighted Average Common Shares Outstanding—Basic	29,683,103		29,647,231		28,976,619
Add: Dilutive potential common shares	25,621		35,322		32,261
Denominator for Treasury Stock Method—Diluted	29,708,724		29,682,553		29,008,880
Weighted Average Common Shares Outstanding—Basic	29,683,103		29,647,231		28,976,619
Add: Average participating shares outstanding	84,918		86,490		107,274
Denominator for Two-Class Method—Diluted	29,768,021		29,733,721		29,083,893
Earnings per common share—basic	$	1.95	$	1.70	$	1.18
Earnings per common share—diluted	$	1.95	$	1.70	$	1.18
Warrants considered anti-dilutive excluded from dilutive potential common shares - exercise price $31.53 per share, expires January 2019	517,012		517,012		517,012
Stock options considered anti-dilutive excluded from dilutive potential common shares	419,538		619,418		747,443
Restricted stock considered anti-dilutive excluded from dilutive potential common shares	59,297		51,169		75,012