XML 49 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Common Share
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
EARNINGS PER COMMON SHARE (In Thousands, Except Per Share Amounts)

The following table presents a reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per common share (EPS) for periods ended September 30, 2012 and 2011.  All share and per share amounts have been adjusted for the September 2012 2% stock dividend.
Earnings Per Share
 
Quarterly Period Ended:
 
Year-to-Date Period Ended:
 
9/30/2012
 
9/30/2011
 
9/30/2012
 
9/30/2011
Earnings Per Share - Basic:
 
 
 
 
 
 
 
Net Income
$
5,748

 
$
5,372

 
$
16,630

 
$
16,502

Weighted Average Shares - Basic
12,012

 
11,989

 
12,004

 
11,954

Earnings Per Share - Basic
$
0.48

 
$
0.45

 
$
1.39

 
$
1.38

 
 
 
 
 
 
 
 
Earnings Per Share - Diluted:
 
 
 
 
 
 
 
Net Income
$
5,748

 
$
5,372

 
$
16,630

 
$
16,502

Weighted Average Shares - Basic
12,012

 
11,989

 
12,004

 
11,954

Dilutive Average Shares Attributable to Stock Options
20

 
22

 
18

 
28

Weighted Average Shares - Diluted
$
12,032

 
$
12,011

 
$
12,022

 
$
11,982

Earnings Per Share - Diluted
$
0.48

 
$
0.45

 
$
1.38

 
$
1.38

Antidilutive Shares Excluded from the Calculation
of Earnings Per Share
129

 
215

 
203

 
139