Three Months Ended

March 31,

2014

2013

Numerator

Net income

$

11,641

$

11,094

Preferred stock dividends

(138

)

(138

)

Net income applicable to common shares for basic and diluted earnings per share

$

11,503

$

10,956

Denominator

Basic weighted average common shares

342,666

285,171

Dilutive stock options and restricted stock

7,352

11,993

Diluted weighted average common shares

350,018

297,164

Basic earnings per common share

Net income applicable to common shares

$

0.03

$

0.04

Diluted earnings per common share

Net income applicable to common shares

$

0.03

$

0.04