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) | | 2019 | | 2018 | | 2017 | Basic earnings per common share: | | | | | | | | | | Net income | | $ | 87,047 | | $ | 80,411 | | $ | 57,330 | Weighted-average common shares outstanding | | | 25,588,404 | | | 25,288,533 | | | 25,181,208 | Basic earnings per common share | | $ | 3.40 | | $ | 3.18 | | $ | 2.28 | Diluted earnings per common share: | | | | | | | | | | Net income | | $ | 87,047 | | $ | 80,411 | | $ | 57,330 | Weighted-average common shares outstanding for basic earnings per common share | | | 25,588,404 | | | 25,288,533 | | | 25,181,208 | Add: Dilutive effect of assumed exercise of warrant | | | 0 | | | 225,831 | | | 219,273 | Add: Dilutive effect of assumed exercises of stock options and awards | | | 170,489 | | | 213,467 | | | 262,900 | Average shares and dilutive potential common shares | | | 25,758,893 | | | 25,727,831 | | | 25,663,381 | Diluted earnings per common share | | $ | 3.38 | | $ | 3.13 | | $ | 2.23 |
There were no antidilutive stock options for 2019, 2018 and 2017.
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