Earnings Per Common Share ("EPS") (Tables)

9 Months Ended

Sep. 30, 2019

Reconciliation Of Earnings And Shares Used In Calculating Basic And Diluted EPS

The following table presents a reconciliation of the earnings and shares used in calculating basic and diluted EPS (in thousands, except per share amounts).

	Three months ended September 30,						Nine months ended September 30,
	2019			2018			2019			2018
Net income available to common shareholders	$	12,468		$	10,212		$	34,659		$	30,939
Weighted average common shares outstanding:
Total shares issued		16,100			16,056			16,081			16,056
Unvested restricted stock awards		(4	)		(4	)		(4	)		(9	)
Treasury shares		(105	)		(131	)		(113	)		(141	)
Total basic weighted average common shares outstanding		15,991			15,921			15,964			15,906
Incremental shares from assumed:
Exercise of stock options		—			—			—			3
Vesting of restricted stock awards		65			43			53			42
Total diluted weighted average common shares outstanding		16,056			15,964			16,017			15,951
Basic earnings per common share	$	0.78		$	0.64		$	2.17		$	1.95
Diluted earnings per common share	$	0.78		$	0.64		$	2.16		$	1.94

Shares Excluded From Computation Of Diluted EPS

For each of the periods presented, average shares subject to the following instruments were excluded from the computation of diluted EPS because the effect would be antidilutive:

Stock options	—	—	—	—
Restricted stock awards	—	7	5	6
Total	—	7	5	6