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Earnings Per Common Share - (As Restated) (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Common Share - (As Restated) [Abstract]  
Basic and Diluted Earnings Per Share

The following table sets forth the calculation of basic and diluted earnings per common share for the years ended December 31, 2015 and 2014:





 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 



2015

2014

(in thousands, except for per share amount)

Income

Average Shares

Per Share Amount

Income

Average Shares

Per Share Amount

Basic and Diluted Earnings Per Share:

 

 

 

 

 

 

 

 

 

 

Net income

$

12,991 

 

 

 

$

5,597 

 

 

 

Preferred stock dividends paid

 

(2,700)

 

 

 

 

(2,595)

 

 

 

Discount accretion on preferred stock

 

 

 

 

 

(6)

 

 

 

Net income available to common shareholders

$

10,291  6,249 

$

1.65 

$

2,996  6,222 

$

0.48