Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2016

Summary of Significant Accounting Policies [Abstract]

Cash Flow Information — Supplemental cash flow information addressing certain cash and noncash transactions for each of the six months ended June 30, 2016 and June 30, 2015 was as follows:

	For the six months ended
	June 30, 2016		June 30, 2015
Cash Transactions:
Interest paid	$	14,722,572	$	7,099,390
Income taxes paid, net		22,364,686		17,847,500
Noncash Transactions:
Loans charged-off to the allowance for loan losses		16,372,819		6,098,606
Loans foreclosed upon and transferred to other real estate owned		2,464,945		252,896
Loans foreclosed upon and transferred to other assets		1,673,946		3,478,159

Basic and Diluted Earnings Per Share Calculations

The following is a summary of the basic and diluted net income per share calculations for the three and six months ended June 30, 2016 and 2015:

	Three months ended June 30,				Six months ended June 30,
	2016		2015		2016		2015
Basic net income per share calculation:
Numerator - Net income	$	30,786,772	$	22,663,831	$	58,752,036	$	44,506,542

Denominator - Average common shares outstanding		41,274,450		35,128,856		40,678,669		35,085,271
Basic net income per share	$	0.75	$	0.65	$	1.44	$	1.27

Diluted net income per share calculation:
Numerator – Net income	$	30,786,772	$	22,663,831	$	58,752,036	$	44,506,542

Denominator - Average common shares outstanding		41,274,450		35,128,856		40,678,669		35,085,271
Dilutive shares contingently issuable		700,033		425,827		732,579		391,827
Average diluted common shares outstanding		41,974,483		35,554,683		41,411,248		35,477,098
Diluted net income per share	$	0.73	$	0.64	$	1.42	$	1.25