Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Schedule of reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share

The following table presents a reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share.

	Three Months Ended   September 30,				Nine Months Ended   September 30,
(Dollars in thousands - except per share amounts)	2017		2016		2017		2016
Distributed earnings allocated to common stock	$	4,928	$	4,656	$	14,514	$	13,995
Undistributed earnings allocated to common stock	12,122		9,515		35,162		28,260
Net earnings allocated to common stock	17,050		14,171		49,676		42,255
Net earnings allocated to participating securities	132		93		381		306
Net income allocated to common stock and participating securities	$	17,182	$	14,264	$	50,057	$	42,561
Weighted average shares outstanding for basic earnings per common share	25,935,867		25,867,169		25,922,218		25,881,360
Dilutive effect of stock compensation	—		—		—		—
Weighted average shares outstanding for diluted earnings per common share	25,935,867		25,867,169		25,922,218		25,881,360
Basic earnings per common share	$	0.66	$	0.55	$	1.92	$	1.63
Diluted earnings per common share	$	0.66	$	0.55	$	1.92	$	1.63