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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2015
EARNINGS PER SHARE  
Schedule of earnings per common share (EPS) computation

 

 

September 30, 2015

 

September 30, 2014

 

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 available to common shareholders

 

$

9,111 

 

21,615,263 

 

$

0.42 

 

$

8,457 

 

20,459,709 

 

$

0.41 

 

Effect of dilutive warrants

 

 

 

171,062 

 

 

 

 

 

72,978 

 

 

 

Effect of dilutive stock options

 

 

 

110,636 

 

 

 

 

 

68,757 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to common shareholders and assumed conversions

 

$

9,111 

 

21,896,961 

 

$

0.42 

 

$

8,457 

 

20,601,444 

 

$

0.41 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2015

 

September 30, 2014

 

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 available to common shareholders

 

$

26,434 

 

21,658,088 

 

$

1.22 

 

$

22,436 

 

20,448,054 

 

$

1.10 

 

Effect of dilutive warrants

 

 

 

152,171 

 

 

 

 

 

67,184 

 

 

 

Effect of dilutive stock options

 

 

 

103,053 

 

 

 

 

 

66,102 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to common shareholders and assumed conversions

 

$

26,434 

 

21,913,312 

 

$

1.21 

 

$

22,436 

 

20,581,340 

 

$

1.09