Three Months Ended

March 31,

2015

2014

Numerator

Net income

$

12,552

$

11,641

Preferred stock dividends

(138

)

(138

)

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

$

12,414

$

11,503

Denominator

Basic weighted average common shares

368,789

342,666

Dilutive stock options and restricted stock

902

7,352

Diluted weighted average common shares

369,691

350,018

Basic earnings per common share

Net income applicable to common shares

$

0.03

$

0.03

Diluted earnings per common share

Net income applicable to common shares

$

0.03

$

0.03