The following tables set forth the calculation of basic and diluted EPS for the three-month and nine-month periods ended September 30, 2011 and 2010.

Basic earnings per common share


	Three Months Ended September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
Net income available to common shareholders	$	14,960	$	4,584	$	35,776	$	6,536
Average common shares outstanding		129,837		129,687		129,775		118,103
Basic earnings per common share	$	0.12	$	0.04	$	0.28	$	0.06

Diluted earnings per common share


	Three Months Ended September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
Net income available to common shareholders	$	14,960	$	4,584	$	35,776	$	6,536

Average common shares outstanding		129,837		129,687		129,775		118,103
Dilutive potential common shares		58		31		71		32

Total diluted average common shares outstanding		129,895		129,718		129,846		118,135

Diluted earnings per common share	$	0.12	$	0.04	$	0.28	$	0.06

For the three months ended September 30, 2011 and 2010, average options to purchase 2,400 shares and 2,301 shares, respectively, were outstanding but were not included in the computation of diluted EPS because the options' common stock equivalents were antidilutive. For the three months ended September 30, 2011 and 2010, warrants to purchase 0 shares and 3,028 shares of common stock, respectively, were outstanding but were not included in the computation of diluted EPS because the warrants' common stock equivalents were antidilutive.

For the nine months ended September 30, 2011 and 2010, average options to purchase 2,400 shares and 2,075 shares, respectively, were outstanding but were not included in the computation of diluted EPS because the options' common stock equivalents were antidilutive. For the nine months ended September 30, 2011 and 2010, warrants to purchase 0 shares and 3,028 shares of common stock, respectively, were outstanding but were not included in the computation of diluted EPS because the warrants' common stock equivalents were antidilutive.