| Schedule of basic and diluted earnings per common share |
| |
|
Years ended December 31, |
|
| (in thousands, except per share data) |
|
2016 |
|
|
2015 |
|
|
2014 |
|
| Net income, net of noncontrolling interest |
|
$ |
18,462 |
|
|
$ |
11,428 |
|
|
$ |
9,949 |
|
| Less preferred stock dividends |
|
|
633 |
|
|
|
212 |
|
|
|
244 |
|
| Net income available to common shareholders |
|
$ |
17,829 |
|
|
$ |
11,216 |
|
|
$ |
9,705 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average common shares outstanding |
|
|
7,158 |
|
|
|
4,004 |
|
|
|
4,165 |
|
| Effect of dilutive stock instruments |
|
|
356 |
|
|
|
358 |
|
|
|
146 |
|
| Diluted weighted average common shares outstanding |
|
|
7,514 |
|
|
|
4,362 |
|
|
|
4,311 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Basic earnings per common share |
|
$ |
2.49 |
|
|
$ |
2.80 |
|
|
$ |
2.33 |
|
| Diluted earnings per common share |
|
$ |
2.37 |
|
|
$ |
2.57 |
|
|
$ |
2.25 |
|
|