XML 50 R39.htm IDEA: XBRL DOCUMENT v3.19.1
Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Calculation of Earnings Per Share
The following table presents the calculation of earnings per common share:
(Dollars and shares in thousands, except per share amounts)
 
 
 
Three months ended March 31,
2019

 
2018

Earnings per common share - basic:
 
 
 
Net income

$17,495

 

$16,211

Less dividends and undistributed earnings allocated to participating securities
(34
)
 
(38
)
Net income available to common shareholders

$17,461

 

$16,173

Weighted average common shares
17,304

 
17,234

Earnings per common share - basic

$1.01

 

$0.94

Earnings per common share - diluted:
 
 
 
Net income

$17,495

 

$16,211

Less dividends and undistributed earnings allocated to participating securities
(34
)
 
(38
)
Net income available to common shareholders

$17,461

 

$16,173

Weighted average common shares
17,304

 
17,234

Dilutive effect of common stock equivalents
97

 
111

Weighted average diluted common shares
17,401

 
17,345

Earnings per common share - diluted

$1.00

 

$0.93