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Earnings per Common Share
12 Months Ended
Dec. 31, 2012
Earnings Per Share, Basic, Other Disclosures [Abstract]  
Earnings per Common Share [Text Block]
EARNINGS PER SHARE
The following table reconciles the number of shares used in calculating the basic and diluted earnings per share for the years ended December 31:
(Dollars in thousands, except per-share amounts)
2012

 
2011

 
2010

Net income
$
42,594

 
$
40,266

 
$
40,394

 
 
 
 
 
 
Basic weighted-average shares outstanding
40,333,333

 
40,159,141

 
39,971,073

Incremental shares due to:
 
 
 
 
 
Stock options
15,520

 
45,232

 
81,942

Performance shares
134,079

 
146,157

 
132,455

Restricted stock units
70,217

 
32,455

 
33,859

Diluted weighted-average shares outstanding
40,553,149

 
40,382,985

 
40,219,329

 
 
 
 
 
 
Basic net income per share
$
1.06

 
$
1.00

 
$
1.01

Diluted net income per share
$
1.05

 
$
1.00

 
$
1.00

 
 
 
 
 
 
Anti-dilutive shares excluded from the calculation:
 
 
 
 
 
Performance shares

 
77,767

 

Restricted stock units
315

 
1,500

 
5,750

Total anti-dilutive shares excluded from the calculation
315

 
79,267

 
5,750