Note 1: Nature of Operations and Summary of Significant Accounting Policies: Earnings Per Share, Policy (Policies)

12 Months Ended

Dec. 31, 2018

Policies

Earnings Per Share, Policy

Earnings Per Common Share

Basic earnings per common share are computed based on the weighted average number of common shares outstanding during each year.  Diluted earnings per common share are computed using the weighted average common shares and all potential dilutive common shares outstanding during the period.

Earnings per common share (EPS) were computed as follows:

	2018	2017	2016
	(In Thousands, Except Per Share Data)
Net income and net income available to common shareholders	$             67,109	$             51,564	$             45,342
Average common shares outstanding	14,132	14,032	13,912
Average common share stock options outstanding	128	148	229
Average diluted common shares	14,260	14,180	14,141
Earnings per common share – basic	$                 4.75	$                 3.67	$                 3.26
Earnings per common share – diluted	$                 4.71	$                 3.64	$                 3.21

Options outstanding at December 31, 2018, 2017 and 2016, to purchase 424,833, 253,711and 108,450 shares of common stock, respectively, were not included in the computation of diluted earnings per common share for each of the years because the exercise prices of such options were greater than the average market prices of the common stock for the years ended December 31, 2018, 2017 and 2016, respectively.