EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2014

EARNINGS PER SHARE

Schedule of earnings per common share (EPS) computation

	September 30, 2014					September 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	$	8,457	20,459,709			$	7,632		20,400,808
Redemption of preferred shares	—					(148		)
Preferred dividends and accretion	—					(99		)
Net income available to common shareholders	$	8,457	20,459,709	$	0.41	$	7,385		20,400,808	$	0.36
Effect of dilutive warrants			72,978						—
Effect of dilutive stock options			68,757						51,013
Net income available to common shareholders and assumed conversions	$	8,457	20,601,444	$	0.41	$	7,385		20,451,821	$	0.36

	September 30, 2014					September 30, 2013
For the nine 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	$	22,436	20,448,054			$	18,947		20,363,514
Redemption of preferred shares						(148		)
Preferred dividends and accretion	—					(504		)
Net income available to common shareholders	$	22,436	20,448,054	$	1.10	$	18,295		20,363,514	$	0.90
Effect of dilutive warrants			67,184						—
Effect of dilutive stock options			66,102						56,681
Net income available to common shareholders and assumed conversions	$	22,436	20,581,340	$	1.09	$	18,295		20,420,195	$	0.90