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Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Summary of Computation of Basic and Diluted Earnings Per Share
The following table shows computation of basic and diluted earnings per share.
Three Months Ended March 31
20202019
Basic earnings per share
Net income
$11,655  $10,816  
Weighted average common shares outstanding44,658,512  38,822,543  
Basic earnings per share$0.26  $0.28  
Diluted earnings per share
Net income $11,655  $10,816  
Weighted average common shares outstanding44,658,512  38,822,543  
Effect of dilutive securities:
Restricted stock
39,845  —  
Stock options
58,359  83,629  
Weighted average common shares outstanding
44,756,716  38,906,172  
Diluted earnings per share$0.26  $0.28  
Schedule of Impact of ASC 326
The following table illustrates the impact of ASC 326.
January 1, 2020
(dollars in thousands)As Reported
Under
ASC 326
Pre-ASC 326
Adoption
Impact of
ASC 326
Adoption
Loans
Commercial$25,614  $11,996  $13,618  
Real estate4,971  923  4,048  
Mortgage warehouse1,077  1,077  —  
Consumer8,582  3,671  4,911  
Allowance for credit losses on loans$40,244  $17,667  $22,577