Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2015

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.

	Three Months Ended   June 30,				Six Months Ended   June 30,
(Dollars in thousands - except per share amounts)	2015		2014		2015		2014
Distributed earnings allocated to common stock	$	4,293	$	4,362	$	8,589	$	8,497
Undistributed earnings allocated to common stock	11,186		9,956		20,249		19,267
Net earnings allocated to common stock	15,479		14,318		28,838		27,764
Net earnings allocated to participating securities	151		176		303		362
Net income allocated to common stock and participating securities	$	15,630	$	14,494	$	29,141	$	28,126
Weighted average shares outstanding for basic earnings per common share*	26,212,999		26,485,789		26,235,511		26,616,762
Dilutive effect of stock compensation	—		—		—		—
Weighted average shares outstanding for diluted earnings per common share*	26,212,999		26,485,789		26,235,511		26,616,762
Basic earnings per common share*	$	0.59	$	0.54	$	1.10	$	1.04
Diluted earnings per common share*	$	0.59	$	0.54	$	1.10	$	1.04

*Outstanding shares and per common share figures have been adjusted for 10% stock dividend declared July 22, 2015.