Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Reconciles Numerators and Denominators of Basic Earnings Per Share with Diluted Earnings Per Share

The following table reconciles the components of basic earnings per share with that of diluted earnings per share for the periods presented:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except shares and per share data)	2015		2014		2015		2014
Numerator for Earnings per Share—Basic:
Net income	$	18,188	$	14,720	$	31,023	$	28,753
Less: Income allocated to participating shares	79		29		123		64
Net Income Allocated to Shareholders	$	18,109	$	14,691	$	30,900	$	28,689
Numerator for Earnings per Share—Diluted:
Net income	18,188		14,720		$	31,023	$	28,753
Net Income Available to Shareholders	$	18,188	$	14,720	$	31,023	$	28,753
Denominators for Earnings per Share:
Weighted Average Shares Outstanding—Basic	34,652,895		29,684,300		32,951,936		29,672,611
Add: Potentially dilutive shares	28,283		16,894		36,359		27,559
Denominator for Treasury Stock Method—Diluted	34,681,178		29,701,194		32,988,295		29,700,170
Weighted Average Shares Outstanding—Basic	34,652,895		29,684,300		32,951,936		29,672,611
Add: Average participating shares outstanding	151,134		58,973		131,563		66,563
Denominator for Two-Class Method—Diluted	34,804,029		29,743,273		33,083,499		29,739,174
Earnings per share—basic	$	0.52	$	0.49	$	0.94	$	0.97
Earnings per share—diluted	$	0.52	$	0.49	$	0.94	$	0.97
Warrants considered anti-dilutive excluded from potentially dilutive shares - exercise price $31.53 per share, expires January 2019	517,012		517,012		517,012		517,012
Stock options considered anti-dilutive excluded from potentially dilutive shares	155,500		428,493		155,500		428,676
Restricted stock considered anti-dilutive excluded from potentially dilutive shares	122,851		42,079		95,204		39,005