XML 23 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note 3 - Earnings Per Share
 6 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Earnings Per Share [Text Block]
3.
Earnings Per Share
 
Earnings per common share have been computed based on the following:
 
    For the three months ended
June 30,		   For the six months ended
June 30,
    2018   2017   2018   2017
    (Dollars in thousands, except per share data)
Net income, as reported   $
13,923
     $
12,725
     $
25,335
     $
24,985
  
Divided by:                                
Weighted average common shares outstanding    
28,845
      
29,135
      
28,909
      
29,077
  
Weighted average common stock equivalents    
1
      
1
      
1
      
3
  
Total weighted average common shares outstanding and common stock equivalents    
28,846
      
29,136
      
28,910
      
29,080
  
                                 
Basic earnings per common share   $
0.48
     $
0.44
     $
0.88
     $
0.86
  
Diluted earnings per common share
(1)
   $
0.48
     $
0.44
     $
0.88
     $
0.86
  
Dividend payout ratio    
41.7
 %    
40.9
 %    
45.5
 %    
41.9
 %
 
(
1
)		 For the
three
and
six
months ended
June 30, 2018
and
2017,
there were
no
common stock equivalents that were anti-dilutive.