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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
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 months ended March 31, 2014 and 2013
 
 
Three Months Ended 
 March 31,
(Dollars in thousands - except per share amounts)
 
2014
 
2013
Distributed earnings allocated to common stock
 
$
4,135

 
$
4,143

Undistributed earnings allocated to common stock
 
9,311

 
8,101

Net earnings allocated to common stock
 
13,446

 
12,244

Net earnings allocated to participating securities
 
186

 
160

Net income allocated to common stock and participating securities
 
$
13,632

 
$
12,404

 
 
 
 
 
Weighted average shares outstanding for basic earnings per common share
 
24,317,446

 
24,321,985

Dilutive effect of stock compensation
 

 
2,343

Weighted average shares outstanding for diluted earnings per common share
 
24,317,446

 
24,324,328

 
 
 
 
 
Basic earnings per common share
 
$
0.55

 
$
0.50

Diluted earnings per common share
 
$
0.55

 
$
0.50