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Shareholders' Equity and Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2018
Shareholders' Equity and Earnings Per Share.  
Schedule of reconciliation of factors used in computing basic and diluted earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

 

    

2018

    

2017

    

2016

 

 

 

(Dollars in thousands, except per share amounts)

 

Net income available to common shareholders

 

$

35,331

 

$

23,828

 

$

$ 25,869

 

Less: undistributed earnings allocated to Series C

 

 

 

 

 

 

 

 

 

 

Preferred Stock

 

 

 —

 

 

 —

 

 

(1,278)

 

Distributed and undistributed earnings allocated to

 

 

 

 

 

 

 

 

 

 

   common shareholders

 

$

35,331

 

$

23,828

 

$

24,591

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding for basic

 

 

 

 

 

 

 

 

 

 

   earnings per common share

 

 

41,469,211

 

 

38,095,250

 

 

33,933,806

 

Dilutive potential common shares

 

 

713,728

 

 

515,565

 

 

285,315

 

  Shares used in computing diluted earnings per common share

 

 

42,182,939

 

 

38,610,815

 

 

34,219,121

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.85

 

$

0.63

 

$

0.72

 

Diluted earnings per share

 

$

0.84

 

$

0.62

 

$

0.72