Note 20 - Earnings Per Share
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
Note
20
- Earnings per Share
 
The calculation of basic earnings per share and diluted earnings per share is presented below:
 
(dollars in thousands,
 
Year Ended December 31,
 
 
except per share data)
 
2016
 
 
2015
 
 
2014
 
                         
Numerator
- Net income available to common shareholders
  $
36,036
     $
16,754
     $
27,843
  
Denominator for basic earnings per share –
Weighted average shares outstanding
*
    
16,859,623
      
17,488,325
      
13,566,239
  
Effect of dilutive potential common shares
   
168,499
      
267,996
      
294,801
  
Denominator for diluted earnings per share –
Adjusted weighted average shares outstanding
   
17,028,122
      
17,756,321
      
13,861,040
  
Basic earnings per share
  $
2.14
     $
0.96
     $
2.05
  
Diluted earnings per share
  $
2.12
     $
0.94
     $
2.01
  
Antidilutive shares excluded from computation of average dilutive earnings per share
   
—
      
—
      
—
  
 
*excludes restricted stock
 
All weighted average shares, actual shares and per share information in the financial statements have been adjusted retroactively for the effect of stock dividends and splits. See Note
1
-Q – “Summary of Significant Accounting Policies: Earnings per Common Share” for a discussion on the calculation of earnings per share.