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Earnings Per Common Share
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
EARNINGS PER 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 each of the years in the three-year period ended December 31, 2012.  All share and per share amounts have been adjusted for the 2012 2% stock dividend.

Earnings Per Share
 
Year-to-Date Period Ended:
 
12/31/2012
 
12/31/2011
 
12/31/2010
Earnings Per Share - Basic:
 
 
 
 
 
Net Income
$
22,179

 
$
21,933

 
$
21,892

Weighted Average Shares - Basic
12,007

 
11,970

 
11,836

Earnings Per Share - Basic
$
1.85

 
$
1.83

 
$
1.85

 
 
 
 
 
 
Earnings Per Share - Diluted:


 


 
 
Net Income
$
22,179

 
$
21,933

 
$
21,892

Weighted Average Shares - Basic
12,007

 
11,970

 
11,836

Dilutive Average Shares Attributable to Stock Options
10

 
12

 
36

Weighted Average Shares - Diluted
12,017

 
11,982

 
11,872

Earnings Per Share - Diluted
$
1.85

 
$
1.83

 
$
1.84

Antidilutive Shares Excluded from the Calculation
of Earnings Per Share
203

 
136

 
70