Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Earnings Per Common Share

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Note 3 - Earnings Per Common Share
9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
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 and warrants. All reported amounts in this Form
10
-Q have been adjusted to give effect to the
two
-for-
one
stock split discussed above.
 
    Three Months Ended September 30,   Nine Months Ended September 30,
    2017   2016   2017   2016
    (In Thousands, Except Shares and Per Share Data)
Earnings per common share                                
Weighted average common shares outstanding    
52,950,644
     
52,554,918
     
52,854,332
     
52,557,910
 
Net income available to common stockholders   $
25,259
    $
20,909
    $
71,911
    $
59,718
 
Basic earnings per common share   $
0.48
    $
0.40
    $
1.36
    $
1.14
 
                                 
Weighted average common shares outstanding    
52,950,644
     
52,554,918
     
52,854,332
     
52,557,910
 
Dilutive effects of assumed conversions and exercise of stock options and warrants    
1,149,028
     
1,324,410
     
1,256,580
     
932,008
 
Weighted average common and dilutive potential common shares outstanding    
54,099,672
     
53,879,328
     
54,110,912
     
53,489,918
 
Net income available to common stockholders   $
25,259
    $
20,909
    $
71,911
    $
59,718
 
Diluted earnings per common share   $
0.47
    $
0.39
    $
1.33
    $
1.12