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Earnings Per Common Share
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share



Note 15:  Earnings per Common Share

 

The following table shows the computation of basic and diluted earnings per common share: 







 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

(Dollars in thousands, except earnings per share data)

2016

 

2015

 

2014

Numerator:

 

 

 

 

 

 

 

 

Net income

$

17,704 

 

$

17,407 

 

$

21,030 

Earnings allocated to participating securities

 

(279)

 

 

(258)

 

 

(253)

Numerator for earnings per common share

$

17,425 

 

$

17,149 

 

$

20,777 



 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Denominator for basic earnings per common share

 

18,660,951 

 

 

18,975,450 

 

 

19,417,486 

Dilutive effect of stock compensation

 

205,916 

 

 

148,059 

 

 

142,877 

Denominator for diluted earnings per common share

 

18,866,867 

 

 

19,123,509 

 

 

19,560,363 



 

 

 

 

 

 

 

 

Earnings per common share:

 

 

 

 

 

 

 

 

Basic

$

0.93 

 

$

0.90 

 

$

1.07 

Diluted

$

0.92 

 

$

0.90 

 

$

1.06 



At December 31, 2016 and December 31, 2015, there were 6,573 and 38,145 anti-dilutive restricted stock awards outstanding, respectively. There were no anti-dilutive restricted stock awards outstanding at December 31, 2014.