Earnings Per Share (Tables)

9 Months Ended

Sep. 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 September 30,					Nine months ended September 30,
(in thousands, except per share data)	2013		2012			2013		2012
Net income as reported	$	8,410	$	7,930		$	29,483	$	22,881
Preferred stock dividend	—		(436		)	—		(1,312		)
Accretion of preferred stock discount	—		(212		)	—		(621		)
Net income available to common shareholders	$	8,410	$	7,282		$	29,483	$	20,948
Impact of assumed conversions
Interest on 9% convertible trust preferred securities, net of income tax	217		371			926		1,113
Net income available to common shareholders and assumed conversions	$	8,627	$	7,653		$	30,409	$	22,061
Weighted average common shares outstanding	18,779		17,876			18,288		17,829
Incremental shares from assumed conversions of convertible trust preferred securities	851		1,439			1,241		1,439
Additional dilutive common stock equivalents	200		100			153		34
Weighted average diluted common shares outstanding	19,830		19,415			19,682		19,302
Basic earnings per common share:	$	0.45	$	0.41		$	1.61	$	1.17
Diluted earnings per common share:	$	0.44	$	0.39		$	1.55	$	1.14