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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Calculations of Basic and Diluted Earnings per Common Share
The calculations of basic and diluted earnings per share were as follows:  
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(Dollars in thousands, except per share data)
2013
2012
 
2013
2012
Distributed earnings allocated to shareholders
$
1,490

$
1,165

 
$
2,764

$
2,330

Undistributed earnings allocated to shareholders
3,388

3,826

 
7,094

9,278

Net earnings allocated to shareholders
$
4,878

$
4,991

 
$
9,858

$
11,608

 
 
 
 
 
 
Weighted-average shares outstanding
10,576,643

10,524,429

 
10,566,508

10,518,909

Effect of potentially dilutive shares
20,390


 
17,875

20

Total weighted-average diluted shares outstanding
10,597,033

10,524,429

 
10,584,383

10,518,929

 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
Basic
$
0.46

$
0.47

 
$
0.93

$
1.10

Diluted
$
0.46

$
0.47

 
$
0.93

$
1.10

 
 
 
 
 
 
Anti-dilutive common shares excluded from calculation:
 
 
 
 
 
Stock options and SARs
86,986

141,776

 
103,438

157,995