Annual report pursuant to Section 13 and 15(d)

Note 19 - Earnings Per Common Share

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Note 19 - Earnings Per Common Share
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 19.

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. The difference in earnings per share under the two-class method was not significant at December 31, 2019, 2018 and 2017.

 

   

Year Ended December 31,

 
   

2019

   

2018

   

2017

 
   

(Dollar Amounts In Thousands Except Per Share Amounts)

 

Earnings Per Share

                       

Weighted average common shares outstanding

    53,530,766       53,172,695       52,887,359  

Net income available to common stockholders

  $ 149,180     $ 136,877     $ 93,030  

Basic earnings per common share

  $ 2.79       2.57     $ 1.76  
                         

Weighted average common shares outstanding

    53,530,766       53,172,695       52,887,359  

Dilutive effects of assumed conversions and exercise of stock options and warrants

    572,308       997,184       1,236,598  

Weighted average common and dilutive potential common shares outstanding

    54,103,074       54,169,879       54,123,957  

Net income available to common stockholders

  $ 149,180     $ 136,877     $ 93,030  

Diluted earnings per common share

  $ 2.76     $ 2.53     $ 1.72