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Employee Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2012
Employee Benefit Plans [Abstract]  
Summary Of Stock Option Activity

 

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

 

Options

 

Weighted-Average Exercise Price

 

Options

 

Weighted-Average Exercise Price

 

 

 

 

 

 

 

 

 

Outstanding at January 1

 

293,817 

$

33.95 

 

287,393 

$

33.64 

    Granted

 

16,876 

 

35.39 

 

16,000 

 

35.09 

    Exercised

 

(18,899)

 

28.78 

 

(6,576)

 

25.54 

    Forfeited

 

(1,500)

 

34.73 

 

 -

 

 -

Outstanding at September 30

 

290,294 

$

34.37 

 

296,817 

$

33.90 

 

Stock Options Outstanding And Exercisable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ranges of Exercise Prices

 

No. of Options Outstanding

 

Weighted-Average Exercise Price

 

Weighted-Average Remaining Contractual Life (Months)

 

Aggregate Intrinsic Value (in thousands)

No. of Options Currently Exercisable

 

Weighted-Average Exercise Price of Options Currently Exercisable

Weighted-Average Remaining Contractual Life (Months)

 

Aggregate Intrinsic Value of Options Currently Exercisable       (in thousands)

$26.62 - $33.90

 

165,918 

$

31.87 

 

43 

$

659 
114,584 

$

32.65 
26 

$

366 

$35.09 - $40.88

 

124,376 

 

37.70 

 

65 

 

20 
69,000 

 

38.11 
46 

 

 -

 

 

290,294 

 

 

 

 

$

679 
183,584 

 

 

 

$

366 

 

Weighted Average Assumptions Estimate The Fair Value Of Options Granted

 

 

 

 

 

 

 

2012

 

2011

 

 

 

 

 

Risk-free interest rate

 

2.51%

 

3.07%

Expected dividend yield

 

3.90%

 

3.88%

Volatility factor

 

48.40%

 

41.12%

Expected life of option

 

5.0 years

 

8.0 years

 

Restricted Shares Activity And Related Information

 

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

 

Restricted Awards

 

Average Market Price at Grant

 

Restricted Awards

 

Average Market Price at Grant

 

 

 

 

 

 

 

 

 

Outstanding at January 1

 

108,209 

 

 

 

96,060 

 

 

    Granted

 

23,336 

$

34.94 

 

14,050 

$

35.07 

    Forfeited/Vested

 

(13,234)

 

 

 

(1,651)

 

 

Outstanding at September 30

 

118,311 

 

 

 

108,459 

 

 

 

Net Periodic Pension Cost Of The Defined Benefit Plan

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Nine months ended

 

 

September 30

 

September 30

(In thousands)

 

2012

 

2011

 

2012

 

2011

 

 

 

 

 

 

 

 

 

Components of net periodic cost:

 

 

 

 

 

 

 

 

    Interest cost

$

158 

$

162 

$

476 

$

487 

    Expected return on plan assets

 

(203)

 

(203)

 

(607)

 

(609)

    Net amortization and deferral

 

174 

 

137 

 

522 

 

410 

         Net Periodic Pension Cost

$

129 

$

96 

$

391 

$

288