XML 130 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 7 - Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]
   
Year Ended December 31,
 
   
2012
   
2011
   
2010
 
   
(dollars in thousands, except share and per share amounts)
 
Basic:
                 
Weighted average common shares outstanding
    13,852,709       13,774,628       13,671,053  
Net income
  $ 57,957     $ 64,072     $ 52,695  
Dividends to preferred stockholders
    8,671       8,671       8,673  
Net income available to common stockholders
  $ 49,286     $ 55,401     $ 44,022  
Earnings per common share, basic
  $ 3.56     $ 4.02     $ 3.22  
                         
Diluted:
                       
Weighted average common shares outstanding
    13,852,709       13,774,628       13,671,053  
Dilutive effect of stock options
    8,019       9,934       3,237  
Dilutive effect of restricted stock
    5,526       6,009       2,186  
Dilutive effect of contingent issuable stock
    109,233              
Convertible preferred stock
    2,623,329       2,623,452        
Assumed average common shares outstanding
    16,598,816       16,414,023       13,676,476  
                         
Net income available to common stockholders
  $ 49,286     $ 55,401     $ 44,022  
Add dilutive preferred stock dividends for effect of assumed conversion of preferred stock
    8,671       8,671        
                         
Net income for diluted earnings per common share
  $ 57,957     $ 64,072     $ 44,022  
Earnings per common share, diluted
  $ 3.49     $ 3.90     $ 3.22