Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Schedule of reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share

The following table presents a reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share for the three years ending December 31.

(Dollars in thousands - except per share amounts)	2013		2012		2011
Distributed earnings allocated to common stock	$	16,563	$	16,027	$	15,524
Undistributed earnings allocated to common stock	37,673		32,923		32,025
Net earnings allocated to common stock	54,236		48,950		47,549
Net earnings allocated to participating securities	722		683		646
Net income allocated to common stock and participating securities	$	54,958	$	49,633	$	48,195
Weighted average shares outstanding for basic earnings per common share	24,344,623		24,267,471		24,237,924
Dilutive effect of stock compensation	586		9,857		9,532
Weighted average shares outstanding for diluted earnings per common share	24,345,209		24,277,328		24,247,456
Basic earnings per common share	$	2.23	$	2.02	$	1.96
Diluted earnings per common share	$	2.23	$	2.02	$	1.96