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EARNINGS PER COMMON SHARE
 12 Months Ended
Dec. 31, 2013
EARNINGS PER COMMON SHARE  
EARNINGS PER COMMON SHARE

NOTE 23 — EARNINGS PER COMMON SHARE

       Earnings per common share were computed as follows:

Year Ended December 31, 2013
   Net
Income
   Weighted
Average
Shares
   Per
Share
Amount
  
   

Basic Earnings Per Common Share

                    

Net income

   $ 26,345              

Preferred dividends and discount accretion

     (504 )            

Redemption of preferred shares

     (148 )            
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

 

     25,693     20,375,365   $ 1.26  

Effect of dilutive stock options

           57,487        
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Diluted Earnings Per Common Share

                    

Net income attributable to common shareholders and assumed conversions

   $ 25,693     20,432,852   $ 1.26  


 

Year Ended December 31, 2012
   Net Income
   Weighted Average Shares
   Per Share Amount
  
   

Basic Earnings Per Common Share

                    

Net income

   $ 27,258              

Preferred dividends and discount accretion

     (2,110 )            

Redemption of preferred shares

     1,357              
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

 

     26,505     20,265,761   $ 1.31  

Effect of dilutive stock options

           58,896        
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Diluted Earnings Per Common Share

                    

Net income attributable to common shareholders and assumed conversions

   $ 26,505     20,324,657   $ 1.30  


 

Year Ended December 31, 2011
   Net Income
   Weighted Average Shares
   Per Share Amount
  
   

Basic Earnings Per Common Share

                    

Net income

   $ 23,813              

Preferred dividends and discount accretion

     (3,054 )            
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

 

     20,759     20,179,512   $ 1.03  

Effect of dilutive stock options

           41,615        
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Diluted Earnings Per Common Share

                    

Net income available to common shareholders and assumed conversions

   $ 20,759     20,221,127   $ 1.03  

       Stock options for 281,589, 289,544, and 254,850 shares of common stock were not considered in computing diluted earnings per common share for 2013, 2012 and 2011 because they were antidilutive. Stock warrants for 571,906 shares of common stock were not considered in computing earnings per share in 2013, 2012 and 2011 because they were antidilutive.