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Earnings Per Share
6 Months Ended
Jun. 30, 2020
Earnings Per Share  
Earnings Per Share

Note 9:   Earnings Per Share

Earnings per share were computed as follows:

Three Month Periods Ended June 30, 

2020

2019

Weighted-

Per 

Weighted-

Per 

Net

Average

Share

Net

Average

Share

    

Income

    

Shares

    

Amount

    

Income

    

Shares

    

Amount

(In thousands)

(In thousands)

Net income

$

41,162

 

  

 

  

$

16,439

 

  

 

  

Dividends on preferred stock

 

(3,619)

 

  

 

  

 

(1,743)

 

  

 

  

Net income allocated to common shareholders

$

37,543

 

  

 

  

$

14,696

 

  

 

  

Basic earnings per share

 

  

 

28,743,894

$

1.31

 

  

 

28,705,313

$

0.51

Effect of dilutive securities-restricted stock awards

 

  

 

18,455

 

  

 

  

 

40,984

 

  

Diluted earnings per share

 

  

 

28,762,349

$

1.31

 

  

 

28,746,297

$

0.51

Six Month Periods Ended June 30, 

2020

2019

 

Weighted-

Per 

Weighted-

Per 

Net

Average

Share

Net

Average

Share

    

Income

    

Shares

    

Amount

    

Income

    

Shares

    

Amount

(In thousands)

(In thousands)

 

Net income

$

65,745

 

  

 

  

$

27,009

 

  

 

  

Dividends on preferred stock

 

(7,237)

 

  

 

  

 

(2,576)

 

  

 

  

Net income allocated to common shareholders

$

58,508

 

  

 

  

$

24,433

 

  

 

  

Basic earnings per share

 

  

 

28,739,263

$

2.04

 

  

 

28,703,790

$

0.85

Effect of dilutive securities-restricted stock awards

 

  

 

21,617

 

  

 

  

 

38,087

 

  

Diluted earnings per share

 

  

 

28,760,880

$

2.03

 

  

 

28,741,877

$

0.85