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Common Stock
12 Months Ended
Dec. 31, 2012
Common Stock [Abstract]  
Common Stock

NOTE 18 - Common Stock

Quarterly cash dividends were paid aggregating to $3.7 million, $3.3 million, and $2.8 million, or $0.56 per share, $0.50 per share, and $0.44 per share, in 2012, 2011, and 2010, respectively.  On February 21, 2013, the Board of Directors declared a $0.15 per share cash dividend payable on March 22, 2013, to shareholders of record on March 14, 2013.  Federal and State regulations place certain limitations on the payment of dividends by the Company.

In September 2002, the Company’s Board of Directors approved a plan whereby it would periodically repurchase for cash up to approximately 5% of its shares of common stock in the open market. The Company purchased 688,442 shares of its stock under this program through December 31, 2009 at a total cost of $14.2 million at an average price of $20.65, which left a balance of 227,242 shares available under the stock repurchase program. The Company intends to continue to repurchase its stock from time to time depending upon market conditions, the Company can make no assurances that it will continue this program or that it will repurchase all of the authorized shares.  No repurchases occurred during 2012 and 2011.