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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Schedule Of Computation Of Basic And Diluted Earnings Per Share

 

 

 

 

 

 

For the Three Months Ended March 31,

(In thousands, except per share data)

 

2013

 

2012

 

 

 

 

 

Distributed earnings allocated to  common stock

$
5,748 

$
5,118 

Undistributed earnings allocated to common stock

 
2,175 

 
4,837 

Net earnings allocated to common shareholders

$
7,923 

$
9,955 

 

 

 

 

 

Average shares outstanding

 
15,473 

 
14,679 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

    Warrants outstanding

 
55 

 

 -

    Employee stock options

 
99 

 
80 

 

 

 

 

 

Shares for diluted earnings per share

 
15,627 

 
14,759 

 

 

 

 

 

Basic earnings per share

$
0.51 

$
0.68 

Diluted earnings per share

$
0.51 

$
0.67