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Shareholders' Equity and Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Shareholders' Equity and Earnings Per Share.  
Schedule of reconciliation of factors used in computing basic and diluted earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 

 

June 30, 

 

 

 

2018

    

2017

    

2018

    

2017

    

 

 

 

(Dollars in thousands, except per share amounts)

 

Net income

 

$

915

 

$

7,449

 

$

9,724

 

$

13,987

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding for basic

 

 

 

 

 

 

 

 

 

 

 

 

 

   earnings per common share

 

 

41,925,616

 

 

38,070,042

 

 

40,083,056

 

 

38,014,020

 

Dilutive effect of stock options outstanding, using

 

 

 

 

 

 

 

 

 

 

 

 

 

   the treasury stock method

 

 

583,058

 

 

509,092

 

 

577,027

 

 

521,995

 

Shares used in computing diluted earnings per common share

 

 

42,508,674

 

 

38,579,134

 

 

40,660,083

 

 

38,536,015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.02

 

$

0.20

 

$

0.24

 

$

0.37

 

Diluted earnings per share

 

$

0.02

 

$

0.19

 

$

0.24

 

$

0.36