Quarters Ended June 30,

Six Months Ended June 30,

2011

2010

2011

2010

Net income

$

10,828

$

7,809

$

21,046

$

15,890

Preferred dividends

(2,412

)

(2,412

)

(4,825

)

(4,825

)

Accretion on preferred stock

(170

)

(161

)

(338

)

(320

)

Net income applicable to non-vested restricted shares

( 102

)

( 65

)

( 242

)

( 146

)

Net income applicable to common shares

$

8,144

$

5,171

$

15,641

$

10,599

Weighted-average common shares outstanding:

Weighted-average common shares outstanding (basic)

73,259

73,028

73,205

71,756

Dilutive effect of common stock equivalents

-

Weighted-average diluted common shares outstanding

73,259

73,028

73,205

71,756

Basic earnings per share

$

0.11

$

0.07

$

0.21

$

0.15

Diluted earnings per share

$

0.11

$

0.07

$

0.21

$

0.15

Anti-dilutive shares not included in the computation of diluted earnings per share (1)

3,619

3,810

3,676

3,848