Three Months Ended

March 31,

March 31,

2015

2014

Basic earnings per common share

Net income

$

$

Less income allocated to participating securities

Net income allocated to common shareholders

$

$

Weighted average common shares outstanding

$

$

Earnings per common share assuming dilution

Net income

$

$

Less income allocated to participating securities

Net income allocated to common shareholders

$

$

Weighted average common shares outstanding

Incremental shares applicable to stock based compensation

Weighted average common shares assuming dilution

$

$