Quarters Ended June 30,

Six Months Ended June 30,

2012

2011

2012

2011

Net income

$

6,365

$

10,653

$

14,257

$

20,697

Preferred dividends

-

(2,412

)

-

(4,825

)

Accretion on preferred stock

-

(170

)

-

(338

)

Net income applicable to non-vested restricted shares

(76

)

(100

)

(215

)

(237

)

Net income applicable to common shares

$

6,289

$

7,971

$

14,042

$

15,297

Weighted-average common shares outstanding:

Weighted-average common shares outstanding (basic)

73,659

73,259

73,582

73,205

Dilutive effect of common stock equivalents

-

Weighted-average diluted common shares outstanding

73,659

73,259

73,582

73,205

Basic earnings per share

$

0.09

$

0.11

$

0.19

$

0.21

Diluted earnings per share

$

0.09

$

0.11

$

0.19

$

0.21

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

1,756

3,619

1,809

3,676