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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Schedule of weighted average number of shares

Following are the factors used in the earnings per share computations:

 

    2012     2011     2010  
Basic earnings per common share:                        
Net income   $ 35,394,000     $ 30,662,000     $ 24,543,000  
                         
Less:   Dividends and accretion of discount on preferred stock     0       0       3,187,000  
                         
Net income available to common shareholders   $ 35,394,000     $ 30,662,000     $ 21,356,000  
                         
Weighted-average common shares outstanding     16,323,870       16,204,952       16,120,606  
                         
Basic earnings per common share   $ 2.17     $ 1.89     $ 1.32  
                         
Diluted earnings per common share:                        
Net income   $ 35,394,000     $ 30,662,000     $ 24,543,000  
                         
Less:   Dividends and accretion of discount on preferred stock     0       0       3,187,000  
                         
Net income available to common shareholders   $ 35,394,000     $ 30,662,000     $ 21,356,000  
                         
Weighted-average common shares outstanding for basic earnings per common share     16,323,870       16,204,952       16,120,606  
                         
Add: Dilutive effect of assumed exercise of Warrant     38,224       10,370       0  
                         
Add: Dilutive effect of assumed exercises of stock options and awards     120,843       109,322       93,141  
                         
Average shares and dilutive potential common shares     16,482,937       16,324,644       16,213,747  
                         
Diluted earnings per common share   $ 2.15     $ 1.88     $ 1.32