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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of number of stock options excluded from the computations of diluted earnings per share
The following table sets forth the weighted average number of stock options excluded for the periods indicated:
 
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
June 30,
 
September 30,
 
September 30,
 
2017
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
 
 
Weighted average stock options excluded
10,036

 
29,513

 
5,000

 
12,192

 
136,951

Schedule of Company's unaudited earnings per share calculations
The following tables set forth the Company’s earnings per share calculations for the periods indicated:
 
 
Three Months Ended
 
September 30, 2017
 
June 30, 2017
 
September 30, 2016
 
Net
Income
 
Shares
 
Per Share
Amount
 
Net
Income
 
Shares
 
Per Share
Amount
 
Net
Income
 
Shares
 
Per Share
Amount
 
(dollars in thousands, except per share data)
Net income
$
20,232

 
 
 
 
 
$
14,176

 
 
 
 
 
$
9,227

 
 
 
 
Basic income available to common stockholders
20,232

 
39,709,565

 
$
0.51

 
14,176

 
39,586,524

 
$
0.36

 
9,227

 
27,387,123

 
$
0.34

Effect of dilutive stock option grants and warrants

 
776,549

 
 
 

 
807,712

 
 
 

 
538,228

 
 
Diluted income available to common stockholders plus assumed conversions
$
20,232

 
40,486,114

 
$
0.50

 
$
14,176

 
40,394,236

 
$
0.35

 
$
9,227

 
27,925,351

 
$
0.33



 
Nine Months Ended September 30,
 
2017
 
2016
 
Net
Income
 
Shares
 
Per Share
Amount
 
Net
Income
 
Shares
 
Per Share
Amount
 
(dollars in thousands, except per share data)
Net income
$
43,929

 
 
 
 
 
$
28,152

 
 
 
 
Basic income available to common stockholders
43,929

 
35,652,626

 
$
1.23

 
28,152

 
26,776,140

 
$
1.05

Effect of dilutive stock options and warrants
 
 
803,319

 
 
 
 
 
468,968

 
 
Diluted income available to common stockholders plus assumed conversions
$
43,929

 
36,455,945

 
$
1.20

 
$
28,152

 
27,245,108

 
$
1.03