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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share  
Schedule of computation of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31,

 

(Dollars and shares in thousands)

 

 

2015

 

2014

 

2013

 

Basic earnings per common share:

 

    

 

    

    

 

    

    

 

    

 

Net income available to common shareholders

 

 

$

99,473

 

$

74,364

 

$

47,865

 

Weighted-average basic common shares

 

 

 

23,966

 

 

23,897

 

 

19,866

 

Basic earnings per common share

 

 

$

4.15

 

$

3.11

 

$

2.41

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Net income available to common shareholders

 

 

$

99,473

 

$

74,364

 

$

47,865

 

Weighted-average basic common shares

 

 

 

23,966

 

 

23,897

 

 

19,866

 

Effect of dilutive securities

 

 

 

258

 

 

257

 

 

211

 

Weighted-average dilutive shares

 

 

 

24,224

 

 

24,154

 

 

20,077

 

Diluted earnings per common share

 

 

$

4.11

 

$

3.08

 

$

2.38

 

 

Schedule of anti-dilutive securities excluded from computation of diluted earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

(Dollars in thousands)

 

 

2015

 

2014

 

2013

 

Number of shares

 

    

 

 

 

 

47,865

    

 

 

    

 

22,497

    

 

 

 

 

21,361

 

Range of exercise prices

 

 

$

61.42

to

$

66.32

 

$

61.49

to

$

66.32

 

$

41.45

to

$

41.45