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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2014
EARNINGS PER SHARE  
Schedule of earnings per common share (EPS) computation

 

 

 

 

June 30, 2014

 

June 30, 2013

 

For the three months ended:

 

Net
Income

 

Weighted
Average
Shares

 

Per
Share
Amount

 

Net
Income

 

Weighted
Average
Shares

 

Per
Share
Amount

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

7,754

 

20,450,885

 

 

 

$

7,324

 

20,372,614

 

 

 

Preferred dividends and accretion

 

 

 

 

 

 

(203

)

 

 

 

 

Net income available to common shareholders

 

$

7,754

 

20,450,885

 

$

0.38

 

$

7,121

 

20,372,614

 

$

0.35

 

Effect of dilutive warrants

 

 

 

62,978

 

 

 

 

 

 

 

 

Effect of dilutive stock options

 

 

 

64,419

 

 

 

 

 

55,504

 

 

 

Net income available to common shareholders and assumed conversions

 

$

7,754

 

20,578,282

 

$

0.38

 

$

7,121

 

20,428,118

 

$

0.35

 

 

 

 

 

 

June 30, 2014

 

June 30, 2013

 

For the six months ended:

 

Net
Income

 

Weighted
Average
Shares

 

Per
Share
Amount

 

Net
Income

 

Weighted
Average
Shares

 

Per
Share
Amount

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

13,979

 

20,442,131

 

 

 

$

11,315

 

20,344,557

 

 

 

Preferred dividends and accretion

 

 

 

 

 

 

(405

)

 

 

 

 

Net income available to common shareholders

 

$

13,979

 

20,442,131

 

$

0.68

 

$

10,910

 

20,344,557

 

$

0.54

 

Effect of dilutive warrants

 

 

 

64,488

 

 

 

 

 

 

 

 

Effect of dilutive stock options

 

 

 

64,995

 

 

 

 

 

58,912

 

 

 

Net income available to common shareholders and assumed conversions

 

$

13,979

 

20,571,614

 

$

0.68

 

$

10,910

 

20,403,469

 

$

0.53