EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of the Components of Earnings Per Share

Earnings per share consisted of the following components for the years ended December 31:



	2015			2014			2013
	(Dollars in thousands, except share and per share data)
Net income	$	64,960		$	59,845		$	50,254

Weighted Average Shares
Basic shares	25,891,382			23,899,562			23,011,814
Effect of dilutive securities	68,566			93,815			76,764
Diluted shares	25,959,948			23,993,377			23,088,578

Net income per share
Basic EPS	$	2.51		$	2.50		$	2.18
Effect of dilutive securities	(0.01		)	(0.01		)	—
Diluted EPS	$	2.50		$	2.49		$	2.18

Schedule of Options to Purchase Common Stock Excluded From Diluted Earnings Per Share

The following table illustrates the options to purchase common stock and the shares of performance-based restricted stock that were excluded from the calculation of diluted earnings per share because they were anti-dilutive:



	December 31
	2015	2014	2013
Stock options	—	—	124,608
Performance-based restricted stock	—	—	—