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Nature of Operations and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
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.

 

     December 31
2013
     December 31
2012
     December 31
2011
 

Basic earnings per share

        

Net income

   $ 19,876       $ 19,543       $ 12,797   

Less: Preferred stock dividends and accretion of discount

     370         481         1,325   
  

 

 

    

 

 

    

 

 

 

Net income available to common shareholders

   $ 19,506       $ 19,062       $ 11,472   

Weighted average common shares outstanding(1)(2)

     8,619,330         7,974,241         7,407,258   

Basic earnings per share

   $ 2.26       $ 2.39       $ 1.55   
  

 

 

    

 

 

    

 

 

 

Diluted earnings per share

        

Net income available to common shareholders

   $ 19,506       $ 19,062       $ 11,472   

Weighted average common shares outstanding(1)(2)

     8,619,330         7,974,241         7,407,258   

Effect of dilutive securities:

        

Warrants

     303,970         245,514         161,922   

Restricted stock

     40,160         23,181         4,361   

Stock options

     37,503         28,241         14,853   
  

 

 

    

 

 

    

 

 

 

Weighted average shares outstanding

     9,000,963         8,271,177         7,588,394   

Diluted earnings per share

   $ 2.17       $ 2.30       $ 1.51   
  

 

 

    

 

 

    

 

 

 

 

(1) Adjusted for 3:2 stock split on November 9, 2012
(2) Includes average shares issued for the Heartland acquisition for the years ending December 31, 2013 and December 31, 2012