Calculation of Basic and Diluted EPS |
The following tables set forth the calculation of basic and diluted EPS for the three and six-month periods ended June 30, 2019 and 2018. | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | 2019 | | 2018 | | 2019 | | 2018 | | (Dollars in thousands except share and per share data) | Basic earnings per common share | | | | | | | | Net income availiable to the Company | $ | 7,468 |
| | $ | 6,111 |
| | $ | 14,529 |
| | $ | 11,871 |
| Less: Dividend on series B preferred stock | 8 |
| | 168 |
| | 9 |
| | 407 |
| Net income available to common shareholders | 7,460 |
| | 5,943 |
| | 14,520 |
| | 11,464 |
| Basic weighted-average common shares outstanding | 10,761,253 |
| | 9,044,159 |
| | 10,753,120 |
| | 8,933,820 |
| Basic earnings per common share | $ | 0.69 |
| | $ | 0.66 |
| | $ | 1.35 |
| | $ | 1.28 |
| Diluted earnings per common share | | | | | | | | Net income available to common shares | $ | 7,460 |
| | $ | 5,943 |
| | $ | 14,520 |
| | $ | 11,464 |
| Add: Dividend on series B preferred stock | 8 |
| | 168 |
| | 9 |
| | 407 |
| Net income available to diluted common shares | 7,468 |
| | 6,111 |
| | 14,529 |
| | 11,871 |
| Basic weighted-average common shares outstanding | 10,761,253 |
| | 9,044,159 |
| | 10,753,120 |
| | 8,933,820 |
| Dilutive potential common shares | 157,619 |
| | 1,864,971 |
| | 162,413 |
| | 1,975,474 |
| Diluted weighted-average common shares outstanding | 10,918,872 |
| | 10,909,130 |
| | 10,915,533 |
| | 10,909,294 |
| Diluted earnings per common share | $ | 0.68 |
| | $ | 0.56 |
| | $ | 1.33 |
| | $ | 1.09 |
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