Earnings per Common Share (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings per Common Share

The factors used in the earnings per share computation follow.

	2016		2015		2014
Basic
Net income	$	17,217	$	12,745	$	9,528
Preferred stock dividends		1,501		1,577		1,873
Net income available to common shareholders—basic	$	15,716	$	11,168	$	7,655
Weighted average common shares outstanding—basic		8,010,399		7,822,369		7,707,917
Basic earnings per share	$	1.96	$	1.43	$	0.99
Diluted
Net income available to common shareholders—basic	$	15,716	$	11,168	$	7,655
Preferred stock dividends on convertible preferred stock		1,501		1,577		1,606
Net income available to common shareholders—diluted	$	17,217	$	12,745	$	9,261
Weighted average common shares outstanding for earnings per common share basic		8,010,399		7,822,369		7,707,917
Add: dilutive effects of convertible preferred shares		2,940,562		3,095,966		3,196,931
Average shares and dilutive potential common shares outstanding—diluted		10,950,961		10,918,335		10,904,848
Diluted earnings per share	$	1.57	$	1.17	$	0.85