EARNINGS PER SHARE ("EPS") (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

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