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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share  
Schedule of computation of basic and diluted earnings per share

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

(Dollars and shares in thousands)

 

2013

 

2012

 

2013

 

2012

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

Net income available to common shareholders

 

$

11,512

 

$

9,063

 

$

34,693

 

$

24,122

 

 

 

 

 

 

 

 

 

 

 

Weighted-average basic common shares

 

21,894

 

14,920

 

18,518

 

14,484

 

Basic earnings per common share

 

$

0.53

 

$

0.61

 

$

1.87

 

$

1.67

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

Net income available to common shareholders

 

$

11,512

 

$

9,063

 

$

34,693

 

$

24,122

 

 

 

 

 

 

 

 

 

 

 

Weighted-average basic common shares

 

21,894

 

14,920

 

18,518

 

14,484

 

Effect of dilutive securities

 

234

 

123

 

199

 

89

 

Weighted-average dilutive shares

 

22,128

 

15,043

 

18,717

 

14,573

 

Diluted earnings per common share

 

$

0.52

 

$

0.60

 

$

1.85

 

$

1.66

 

 

Schedule of antidilutive securities excluded from computation of diluted earnings per common share

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

(Dollars in thousands)

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

Number of shares

 

 

100,326

 

21,361

 

140,829

 

Range of exercise prices

 

$

 

$31.75 - $40.99

 

$41.45 - $41.45

 

$31.10 - $40.99