Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Components of Basic and Diluted Net Income per Common Share

The components of basic and diluted net income per common share available to common stockholders for the three-month period ended March 31, 2019 and 2018 were as follows:

	Three months ended March 31,
	2019		2018
Basic Net Income per Common Share
Available to Common Stockholders:
Net income	$	13,316,000	$	8,390,000
Weighted average common shares outstanding	16,665,999		12,671,017
Basic earnings per common share	$	0.80	$	0.66
Diluted Net Income per Common Share
Available to Common Stockholders:
Net income applicable to diluted earnings per share	$	13,316,000	$	8,390,000
Weighted average common shares outstanding	16,665,999		12,671,017
Dilutive potential common shares:
Assumed conversion of stock options	—		3,980
Restricted stock awarded	38,780		13,250
Dilutive potential common shares	38,780		17,230
Diluted weighted average common shares outstanding	16,704,779		12,688,247
Diluted earnings per common share	$	0.80	$	0.66