ServisFirst Bancshares, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Earnings Per Common Share

Note 3 - Earnings Per Common Share

3 Months Ended

Mar. 31, 2023

NOTE 3 - EARNINGS PER COMMON SHARE

Basic earnings per common share are computed by dividing net income 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. The difference in earnings per share under the two-class method was not significant for the three month period ended March 31, 2023 and 2022, respectively.

	Three Months Ended March 31,
	2023		2022
	(In Thousands, Except Shares and Per Share Data)
Earnings per common share
Weighted average common shares outstanding		54,360,253		54,263,143
Net income available to common stockholders	$	57,971	$	57,613
Basic earnings per common share	$	1.07	$	1.06

Weighted average common shares outstanding		54,360,253		54,263,143
Dilutive effects of assumed conversions and exercise of stock options and warrants		174,229		258,899
Weighted average common and dilutive potential common shares outstanding		54,534,482		54,522,042
Net income available to common stockholders	$	57,971	$	57,613
Diluted earnings per common share	$	1.06	$	1.06