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Earnings per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings per common share  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Earnings per common share have been computed based on the following:

Three Months Ended

March 31,

(dollars in thousands, except for per share data)

2020

2019

Net income

$

6,030

$

11,635

Earnings allocated to participating securities

(27

)

(26

)

Income attributable to common stock

$

6,003

$

11,609

 

Weighted average common shares outstanding, including participating securities

39,559

35,283

Weighted average participating securities

(135

)

(25

)

Weighted average common shares outstanding

39,424

35,258

Incremental shares from assumed conversions of options,

performance units and restricted shares

92

61

Weighted average common and equivalent shares outstanding

39,516

35,319

 

Earnings per common share:

Basic

$

0.15

$

0.33

Diluted

0.15

0.33