EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2012

EARNINGS PER SHARE

Earnings per common share

	September 30, 2012						September 30, 2011
For the three months ended:	Net Income			Weighted Average Shares	Per Share Amount		Net Income			Weighted Average Shares	Per Share Amount
Basic earnings per common share:
Net income	$	6,986		20,289,609			$	5,615		20,194,421
Preferred dividends and accretion	(458		)				(763		)
Net income available to common shareholders	$	6,528		20,289,609	$	0.32	$	4,852		20,194,421	$	0.24
Effect of Dilutive stock options				57,989						36,674
Net income available to common shareholders and assumed conversions	$	6,528		20,347,598	$	0.32	$	4,852		20,231,095	$	0.24

	September 30, 2012						September 30, 2011
For the nine months ended:	Net Income			Weighted Average Shares	Per Share Amount		Net Income			Weighted Average Shares	Per Share Amount
Basic earnings per common share:
Net income	$	19,979		20,253,560			$	17,787		20,171,550
Preferred dividends and accretion	(1,694		)				(2,290		)
Redemption of preferred stock	1,302
Net income available to common shareholders	19,587			20,253,560	$	0.97	15,497			20,171,550	$	0.77
Effect of Dilutive stock options				59,400						40,192
Net income available to common shareholders and assumed conversions	$	19,587		20,312,960	$	0.96	$	15,497		20,211,742	$	0.77