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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2019
EARNINGS PER SHARE  
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.