XML 49 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Common Share
 3 Months Ended
Mar. 31, 2013
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 March 31, 2013 and 2012.  All share and per share amounts have been adjusted for the September 2012 2% stock dividend.
Earnings Per Share
 
 
Year-to-Date Period Ended:
 
 
3/31/2013
 
3/31/2012
Earnings Per Share - Basic:
 
 
 
 
Net Income
 
$
5,181

 
$
5,288

Weighted Average Shares - Basic
 
12,031

 
12,005

Earnings Per Share - Basic
 
$
0.43

 
$
0.44

 
 
 
 
 
Earnings Per Share - Diluted:
 
 
 
 
Net Income
 
$
5,181

 
$
5,288

Weighted Average Shares - Basic
 
12,031

 
12,005

Dilutive Average Shares Attributable to Stock Options
 
18

 
25

Weighted Average Shares - Diluted
 
12,049

 
12,030

Earnings Per Share - Diluted
 
$
0.43

 
$
0.44

Antidilutive Shares Excluded from the Calculation
of Earnings Per Share
 
129

 
132