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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Reconciliation of the component parts of earnings per share
A reconciliation of the component parts of earnings per share for 2013, 2012 and 2011 follows:
(dollars in thousands, except per share data)
 
 
 
2013
  
2012
  
2011
 
 
 
  
  
 
For the years ended December 31:
 
  
  
 
Net income
 
$
39,812
  
 
37,534
  
 
33,087
 
 
            
Less: Net income allocated to participating securities
  
45
   
43
   
5
 
 
            
Net income allocated to common shareholders
 
$
39,767
  
 
37,491
  
 
33,082
 
Basic EPS:
            
 
            
Distributed earnings allocated to common stock
 
$
24,745
  
 
24,607
  
 
22,389
 
 
            
Undistributed earnings allocated to common stock
  
15,022
   
12,884
   
10,693
 
 
            
Net income allocated to common shareholders
 
$
39,767
  
 
37,491
  
 
33,082
 
 
            
 
            
Weighted average common shares outstanding including participating securities
  
94,266
   
93,739
   
85,086
 
Less: Participating securities
  
106
   
106
   
14
 
Weighted average common shares
  
94,160
   
93,633
   
85,072
 
 
            
Basic EPS
 
$
0.422
   
0.400
   
0.389
 
 
            
Diluted EPS:
            
 
            
Net income allocated to common shareholders
 
$
39,767
  
37,491
  
33,082
 
 
            
Weighted average common shares for basic EPS
  
94,160
   
93,633
   
85,072
 
Effect of Dilutive Securities:
            
Stock Options
  
46
   
4
   
-
 
 
            
Weighted average common shares including potential dilutive shares
  
94,206
   
93,637
   
85,072
 
 
            
Diluted EPS
 
$
0.422
   
0.400
   
0.389