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Employee Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2013
Employee Benefit Plans [Abstract]  
Summary Of Stock Option Activity

 

 

 

 

 

 

 

 

 

 

 

2013

 

2012

 

 

Options

 

Weighted-Average Exercise Price

 

Options

 

Weighted-Average Exercise Price

 

 

 

 

 

 

 

 

 

Outstanding at January 1

 

289,544 

$

34.38 

 

293,817 

$

33.95 

    Granted

 

15,475 

 

37.74 

 

16,876 

 

35.39 

    Exercised

 

(42,250)

 

33.06 

 

(16,899)

 

28.87 

    Forfeited

 

(1,500)

 

36.90 

 

 -

 

 -

Outstanding at March 31

 

261,269 

 

34.77 

 

293,794 

 

34.32 

 

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

 

122,918 

$

31.47 

 

44 

$

1,023 
73,000 

$

32.35 
23 

$

543 

$35.09 - $40.88

 

138,351 

 

37.71 

 

66 

 

298 
90,000 

 

38.61 
43 

 

117 

 

 

261,269 

 

 

 

 

$

1,321 
163,000 

 

 

 

$

660 

 

Weighted Average Assumptions Estimate The Fair Value Of Options Granted

 

 

 

 

 

 

 

2013

 

2012

 

 

 

 

 

Risk-free interest rate

 

1.88%

 

2.51%

Expected dividend yield

 

3.70%

 

3.90%

Volatility factor

 

41.35%

 

48.40%

Expected life of option

 

8.0 years

 

5.0 years

 

Restricted Shares Activity And Related Information

 

 

 

 

 

 

 

 

 

 

 

2013

 

2012

 

 

Restricted Awards

 

Average Market Price at Grant

 

Restricted Awards

 

Average Market Price at Grant

 

 

 

 

 

 

 

 

 

Outstanding at January 1

 

116,711 

 

 

 

108,209 

 

 

    Granted

 

11,633 

$

37.74 

 

12,686 

$

35.39 

    Forfeited/Vested

 

(2,425)

 

 

 

(12,450)

 

 

Outstanding at March 31

 

125,919 

 

 

 

108,445 

 

 

 

Net Periodic Pension Cost Of The Defined Benefit Plan

 

 

 

 

 

 

 

Three months ended

 

 

March 31

(In thousands)

 

2013

 

2012

 

 

 

 

 

Components of net periodic cost:

 

 

 

 

    Interest cost

$

224 

$

159 

    Service cost

 

116 

 

 -

    Expected return on plan assets

 

(269)

 

(202)

    Net amortization and deferral

 

258 

 

174 

         Net Periodic Pension Cost

$

329 

$

131