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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Summary of Per Common Share Data and Amounts
The following table presents a summary of per common share data and amounts for the periods indicated.

 
Three months ended June 30,
 
Six months ended June 30,
(in thousands, except per share data)
2013
 
2012
 
2013
 
2012
Net income as reported
$
11,033

 
$
8,766

 
$
21,073

 
$
14,951

Preferred stock dividend

 
(438
)
 

 
(875
)
Accretion of preferred stock discount

 
(206
)
 

 
(410
)
Net income available to common shareholders
$
11,033

 
$
8,122

 
$
21,073

 
$
13,666

 
 
 
 
 
 
 
 
Impact of assumed conversions
 
 
 
 
 
 
 
Interest on 9% convertible trust preferred securities, net of income tax
354

 
371

 
709

 
742

Net income available to common shareholders and assumed conversions
$
11,387

 
$
8,493

 
$
21,782

 
$
14,408

 
 
 
 
 
 
 
 
Weighted average common shares outstanding
18,119

 
17,833

 
18,052

 
17,808

Incremental shares from assumed conversions of convertible trust preferred securities
1,439

 
1,439

 
1,439

 
1,439

Additional dilutive common stock equivalents
153

 
14

 
115

 
32

Weighted average diluted common shares outstanding
19,711

 
19,286

 
19,606

 
19,279

 
 
 
 
 
 
 
 
Basic earnings per common share:
$
0.61

 
$
0.46

 
$
1.17

 
$
0.77

Diluted earnings per common share:
$
0.58

 
$
0.44

 
$
1.11

 
$
0.75