EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 20 – EARNINGS PER SHARE

Following are the factors used in the earnings per share computations:

(dollars in thousand except share and per share data)	2018	2017	2016
Basic earnings per common share:
Net income	$80,411	$57,330	$52,084
Weighted-average common shares outstanding	25,288,533	25,181,208	25,056,095
Basic earnings per common share	$3.18	$2.28	$2.08
Diluted earnings per common share:
Net income	$80,411	$57,330	$52,084
Weighted-average common shares outstanding for
basic earnings per common share	25,288,533	25,181,208	25,056,095
Add: Dilutive effect of assumed exercise of warrant	225,831	219,273	184,205
Add: Dilutive effect of assumed exercises of stock options
and awards	213,467	262,900	220,427
Average shares and dilutive potential common shares	25,727,831	25,663,381	25,460,727
Diluted earnings per common share	$3.13	$2.23	$2.05

There were no antidilutive stock options for 2018, 2017 and 2016.