Earnings Per Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

Earnings per share consisted of the following components for the periods indicated:

	Three Months Ended					Six Months Ended
	June 30					June 30
	2015		2014			2015		2014
	(Dollars in thousands, except per share data)
Net income	$	17,451	$	14,746		$	26,910	$	28,129
Weighted Average Shares
Basic shares	26,149,593		23,897,413			25,558,016		23,858,456
Effect of dilutive securities	71,819		94,560			76,626		97,544
Diluted shares	26,221,412		23,991,973			25,634,642		23,956,000
Net income per share
Basic EPS	$	0.67	$	0.62		$	1.05	$	1.18
Effect of dilutive securities	—		(0.01		)	—		(0.01		)
Diluted EPS	$	0.67	$	0.61		$	1.05	$	1.17

There were no anti-dilutive options to purchase common stock or shares of performance-based restricted stock that were excluded from the calculation of diluted earnings per share during the three or six months ended June 30, 2015 and 2014.