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Dividends and Basic Earnings Per Common Share (Tables)
 9 Months Ended
Sep. 30, 2013
Dividends and Basic Earnings Per Common Share [Abstract]  
Calculation of Basic Earnings Per Common Share
The following table calculates the basic earnings per share for the three and nine months ended September 30, 2013 and 2012.
 
  
Three Months
Ended Sept. 30,
  
Nine Months
Ended Sept. 30,
 
(net income in thousands)
 
2013
  
2012
  
2013
  
2012
 
Net Income
 
$
6,352
  
$
6,332
  
$
18,168
  
$
17,684
 
Weighted Average Number of Common Shares Outstanding
  
777,882
   
778,487
   
777,882
   
779,906
 
Basic Earnings Per Common Share
 
$
8.17
  
$
8.13
  
$
23.36
  
$
22.70