Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER COMMON SHARE (Tables)

v3.8.0.1
EARNINGS PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2017
EARNINGS PER COMMON SHARE [Abstract]  
Reconciliation of Numerators and Denominators of Basic and Diluted Earnings per Common Share
A reconciliation of the numerators and denominators of basic and diluted earnings per common share for the three and nine month periods ended September 30, 2017 and 2016 are as follows (dollars in thousands, except per share data):
 
   
Three Months
   
Three Months
   
Nine Months
   
Nine Months
 
   
Ended
   
Ended
   
Ended
   
Ended
 
   
September 30,
   
September 30,
   
September 30,
   
September 30,
 
   
2017
   
2016
   
2017
   
2016
 
Net income available to common shares
 
$
4,875
   
$
4,604
   
$
14,098
   
$
11,844
 
                                 
Weighted average shares outstanding, including participating stock awards - Basic
   
33,942,248
     
33,921,599
     
33,942,318
     
33,923,067
 
                                 
Dilutive potential common shares:
                               
Stock options
   
5,021
     
---
     
6,101
     
---
 
Stock warrants
   
---
     
---
     
---
     
---
 
Weighted average shares outstanding - Diluted
   
33,947,269
     
33,921,599
     
33,948,419
     
33,923,067
 
Basic earnings per common share
 
$
0.14
   
$
0.14
   
$
0.42
   
$
0.35
 
Diluted earnings per common share
 
$
0.14
   
$
0.14
   
$
0.42
   
$
0.35