Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Earnings Per Common Share (Tables)

v3.21.1
Basic and Diluted Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share

The following table presents the computation of basic and diluted earnings per share for the periods presented:

 

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

 

 

(Dollars in thousands, except per share data)

 

Net income available to common stockholders

 

$

10,086

 

 

$

4,074

 

Weighted average number of common shares - basic

 

 

17,103,981

 

 

 

18,184,110

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

Employee stock-based compensation awards and warrants

 

 

414,048

 

 

 

257,867

 

Weighted average number of common shares - diluted

 

 

17,518,029

 

 

 

18,441,977

 

Basic earnings per common share

 

$

0.59

 

 

$

0.22

 

Diluted earnings per common share

 

$

0.58

 

 

$

0.22

 

Anti-dilutive warrants and stock options

 

 

76,712

 

 

 

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