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, 2022

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.

	Three Months Ended March 31,
	2022		2021
	(In Thousands, Except Shares and Per Share Data)
Earnings per common share
Weighted average common shares outstanding		54,263,143		54,050,670
Net income available to common stockholders	$	57,613	$	51,455
Basic earnings per common share	$	1.06	$	0.95

Weighted average common shares outstanding		54,263,143		54,050,670
Dilutive effects of assumed exercise of stock options and vesting of performance shares		258,899		331,321
Weighted average common and dilutive potential common shares outstanding		54,522,042		54,381,991
Net income available to common stockholders	$	57,613	$	51,455
Diluted earnings per common share	$	1.06	$	0.95