EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2012

EARNINGS PER SHARE

Schedule of computation of earnings per share

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
	(in thousands except per share data)
Basic earnings per share computation:
Net income	$	4,020	$	4,250	$	10,103	$	8,744
Less income allocated to participating awards	26		56		74		120
Net income applicable to common shareholders	$	3,994	$	4,194	$	10,029	$	8,624
Weighted average common shares outstanding	11,567		11,467		11,551		11,461
Basic earnings per share	$	0.35	$	0.37	$	0.87	$	0.75
Diluted earnings per share computation:
Net income	$	4,020	$	4,250	$	10,103	$	8,744
Less income allocated to participating awards	26		56		74		120
Net income applicable to common shareholders	$	3,994	$	4,194	$	10,029	$	8,624
Weighted average common shares outstanding	11,567		11,467		11,551		11,461
Assumed exercise of stock options	23		25		24		26
Assumed satisfaction of RSA conditions	16		1		13		—
Assumed satisfaction of PSI conditions	—		40		—		40
Weighted average common shares outstanding	11,606		11,533		11,588		11,527
Diluted earnings per share	$	0.34	$	0.36	$	0.87	$	0.75