Subsequent Event

9 Months Ended

Sep. 30, 2012

Subsequent Event [Abstract]

Subsequent Events [Text Block]

On November 2, 2012, the Board of Directors approved the Company's 19th consecutive annual 5% stock dividend, payable on December 17, 2012 to shareholders of record at the close of business on November 30, 2012. The effect of this 5% stock dividend on diluted income per share for the three and nine months ended September 30, 2012 is shown in the table below.

	For the Three Months Ended September 30, 2012		For the Nine Months Ended September 30, 2012
Diluted income per common share as reported		$.75		$2.29
Diluted income per common share restated for 5% stock dividend		$.72		$2.18

The Board also approved a regular quarterly dividend of $.23 on the Company's common stock and a special common stock dividend payment of $1.50 per share, with the same record and payable dates as the stock dividend. The cash dividends will not be payable on any shares issued pursuant to the stock dividend. The Board approved the special dividend at this time because of the potential significant increases in tax rates on dividends beginning next year. After this special dividend, the Company's capital ratios will continue to be very strong, and together with its ongoing earnings power, the Company expects to have ample capital to support balance sheet growth and continue its stock buyback program and regular dividend practices.