Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER COMMON SHARE

v3.5.0.2
EARNINGS PER COMMON SHARE
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE
NOTE 3 - EARNINGS PER COMMON SHARE
 
Basic earnings per common share are computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per common share include the dilutive effect of additional potential common shares issuable under stock options.
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
 
 
(In Thousands, Except Shares and Per Share Data)
 
Earnings per common share
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
 
26,277,459
 
 
25,883,562
 
 
26,278,955
 
 
25,636,690
 
Net income available to common stockholders
 
$
20,909
 
$
16,233
 
$
59,718
 
$
43,534
 
Basic earnings per common share
 
$
0.80
 
$
0.63
 
$
2.27
 
$
1.70
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
 
26,277,459
 
 
25,883,562
 
 
26,278,955
 
 
25,636,690
 
Dilutive effects of assumed conversions and exercise of stock options
 
 
662,205
 
 
622,772
 
 
466,004
 
 
754,410
 
Weighted average common and dilutive potential common shares outstanding
 
 
26,939,664
 
 
26,506,334
 
 
26,744,959
 
 
26,391,100
 
Net income available to common stockholders
 
$
20,909
 
$
16,233
 
$
59,718
 
$
43,534
 
Diluted earnings per common share
 
$
0.78
 
$
0.61
 
$
2.23
 
$
1.65