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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Calculations of Basic and Diluted Earnings per Common Share
The calculations of basic and diluted earnings per common share were as follows:
 
Three Months Ended
 
March 31,
(Dollars in thousands, except per share data)
2016
2015
Distributed earnings allocated to common shareholders
$
2,740

$
2,243

Undistributed earnings (loss) allocated to common shareholders
5,255

(2,941
)
Net earnings (loss) allocated to common shareholders
$
7,995

$
(698
)
 
 
 
Weighted-average common shares outstanding
18,071,746

15,802,334

Effect of potentially dilutive common shares
123,244

127,901

Total weighted-average diluted common shares outstanding
18,194,990

15,930,235

 
 
 
Earnings (loss) per common share:
 
 
Basic
$
0.44

$
(0.04
)
Diluted
$
0.44

$
(0.04
)
 
 
 
Anti-dilutive shares excluded from calculation:
 
 
Stock options and SARs
32,806

42,584