EX-11 6 ex11epsforform10-k2015.htm EXHIBIT 11 Exhibit


Exhibit 11

Computation of Per Share Earnings
 
(Dollars in thousands, except per share data)
 
 
 
Net income
$
60,042

Preferred dividends and discount
(817
)
Net income available to common stockholders for the year ended December 31, 2015
$
59,225

Weighted average common shares outstanding
20,671,824

Assumed incremental common shares issued upon exercise of stock options and non-vested restricted stock units
257,561

Weighted average common shares for diluted earnings per share
20,929,385

Earnings per common share - basic
$
2.87

Earnings per common share - diluted
$
2.83