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Per Share Data
12 Months Ended
Dec. 31, 2012
Per Share Data [Abstract]  
Earnings Per Share [Text Block]

NOTE 11 – Per Share Data

 

The computation of Basic Earnings per Share and Diluted Earnings per Share are provided below:

 

    2012     2011     2010  
Basic Earnings per Share:                        
Net Income   $ 24,055     $ 20,249     $ 13,405  
                         
Weighted Average Shares Outstanding     12,622,049       12,581,646       11,098,836  
                         
Basic Earnings per Share   $ 1.91     $ 1.61     $ 1.21  
                         
Diluted Earnings per Share:                        
Net Income   $ 24,055     $ 20,249     $ 13,405  
                         
Weighted Average Shares Outstanding     12,622,049       12,581,646       11,098,836  
Stock Options, Net     15,694       6,102       6,051  
Diluted Weighted Average Shares Outstanding     12,637,743       12,587,748       11,104,887  
                         
Diluted Earnings per Share   $ 1.90     $ 1.61     $ 1.21  

 

Stock options for 89,276 and 99,276 shares of common stock were not considered in computing diluted earnings per common share for 2011 and 2010, respectively, because they were anti-dilutive. There were no anti-dilutive shares at December 31, 2012.