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Earnings per Share
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
The following table summarizes the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computations:
 
For the Three-Months Ended September 30
 
For the Nine-Months Ended September 30
 
2013
 
2012
 
2013
 
2012
Weighted average common shares issued
105,563,455

 
105,563,455

 
105,563,455

 
105,563,455

Average treasury shares
(9,184,715
)
 
(1,258,029
)
 
(7,715,455
)
 
(738,769
)
Averaged unearned ESOP shares

 
(17,575
)
 

 
(50,790
)
Average unearned nonvested shares
(184,146
)
 
(207,826
)
 
(176,657
)
 
(180,771
)
Weighted average common shares and common stock equivalents used to calculate basic earnings per share
96,194,594

 
104,080,025

 
97,671,343

 
104,593,125

Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share
13,951

 
16,874

 
4,009

 
2,224

Additional common stock equivalents (stock options) used to calculate diluted earnings per share

 
1,484

 

 
47

Weighted average common shares and common stock equivalents used to calculate diluted earnings per share
96,208,545

 
104,098,383

 
97,675,352

 
104,595,396


The following table shows the number of shares and the price per share related to common stock equivalents that were not included in the computation of diluted earnings per share for the nine-months ended September 30 because to do so would have been antidilutive.
 
2013
 
2012
 
 
 
Price Range
 
 
 
Price Range
 
Shares
 
From
 
To
 
Shares
 
From
 
To
Stock Options
31,954

 
$
10.46

 
$
14.55

 
293,777

 
$
6.90

 
$
14.55

Restricted Stock
92,181

 
5.96

 
7.57

 
93,565

 
5.96

 
6.82