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EARNINGS PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2016
EARNINGS PER COMMON SHARE  
Schedule of earnings per common share (EPS) computation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Weighted

    

Per

 

 

 

Net

 

Average

 

Share

 

Year Ended December 31, 2016

 

Income

 

Shares

 

Amount

 

Basic Earnings Per Common Share

 

 

 

 

 

 

 

 

 

Net income

 

$

38,323

 

23,105,317

 

$

1.66

 

Effect of dilutive warrants

 

 

 

 

210,638

 

 

 

 

Effect of dilutive stock options

 

 

 

 

115,400

 

 

 

 

Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders and assumed conversions

 

$

38,323

 

23,431,355

 

$

1.64

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Weighted

    

Per

 

 

 

Net

 

Average

 

Share

 

Year Ended December 31, 2015

 

Income

 

Shares

 

Amount

 

Basic Earnings Per Common Share

 

 

 

 

 

 

 

 

 

Net income

 

$

35,542

 

21,637,775

 

$

1.64

 

Effect of dilutive warrants

 

 

 

 

163,011

 

 

 

 

Effect of dilutive stock options

 

 

 

 

108,584

 

 

 

 

Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders and assumed conversions

 

$

35,542

 

21,909,370

 

$

1.62

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Weighted

    

Per

 

 

 

Net

 

Average

 

Share

 

Year Ended December 31, 2014

 

Income

 

Shares

 

Amount

 

Basic Earnings Per Common Share

 

 

 

 

 

 

 

 

 

Net income

 

$

28,996

 

20,706,688

 

$

1.40

 

Effect of dilutive warrants

 

 

 

 

76,828

 

 

 

 

Effect of dilutive stock options

 

 

 

 

70,552

 

 

 

 

Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders and assumed conversions

 

$

28,996

 

20,854,068

 

$

1.39