Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Earnings Per Share

Schedule of computation of basic and diluted earnings per share

	Three months ended				Six months ended
	June 30, 2012		June 30, 2011		June 30, 2012		June 30, 2011
Basic earnings per common share
Net income	$	8,972	$	9,723	$	4,705	$	8,923
Less income allocated to participating securities	94		114		32		110
Net income allocated to common shareholders	$	8,878	$	9,609	$	4,673	$	8,813
Weighted average common shares outstanding	21,906,622		21,661,662		21,866,662		21,536,441
	$	0.41	$	0.44	$	0.21	$	0.41
Earnings per common share assuming dilution
Net income	$	8,972	$	9,723	$	4,705	$	8,923
Less income allocated to participating securities	94		114		32		110
Net income allocated to common shareholders	$	8,878	$	9,609	$	4,673	$	8,813
Weighted average common shares outstanding	21,906,622		21,661,662		21,866,662		21,536,441
Incremental shares applicable to stock based compensation	55,476		106,723		119,312		131,103
Weighted average common shares assuming dilution	21,962,098		21,768,385		21,985,974		21,667,544
	$	0.40	$	0.44	$	0.21	$	0.41