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EARNINGS PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2012
EARNINGS PER COMMON SHARE  
Earnings per common share

 

Year Ended December 31, 2012
  Net
Income/(Loss)

  Weighted
Average
Shares

  Per
Share
Amount

 
   

Basic Loss Per Common Share

                   

Net income

  $ 27,258              

Preferred dividends and discount accretion

    (2,110 )            

Redemption of preferred shares

    1,357              
       

 

    26,505     20,265,761   $ 1.31  

Effect of dilutive stock options

          58,896        
       

Diluted (Loss) Per Common Share

                   

Net income attributable to common shareholders and assumed conversions

  $ 26,505     20,324,657   $ 1.30  
       
Year Ended December 31, 2011  

 


 

 


 

 


 

 


 

Basic Earnings Per Common Share

                   

Net income

  $ 23,813              

Preferred dividends and discount accretion

    (3,054 )            
       

 

    20,759     20,179,512   $ 1.03  

Effect of dilutive stock options

          41,615        
       

Diluted Earnings Per Common Share

                   

Net income available to common shareholders and assumed conversions

  $ 20,759     20,221,127   $ 1.03  
       
Year Ended December 31, 2010  

 


 

 


 

 


 

 


 

Basic Earnings Per Common Share

                   

Net income

  $ 14,802              

Preferred dividends and discount accretion

    (3,054 )            
       

 

    11,748     20,136,362   $ 0.58  

Effect of dilutive stock options

          18,022        
       

Diluted Earnings Per Common Share

                   

Net income available to common shareholders and assumed conversions

  $ 11,748     20,154,384   $ 0.58