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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule Of Computation Of Basic And Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share using the two class method (in thousands, except per share data):
 
 
Three months ended September 30,
 
Nine months ended September 30,
2015
 
2014
 
2015
 
2014
Distributed earnings allocated to common stock
$
6,362

 
$
6,073

 
$
19,086

 
$
18,220

Undistributed earnings allocated to common stock
4,125

 
5,673

 
21,040

 
19,809

Net earnings allocated to common shareholders
$
10,487

 
$
11,746

 
$
40,126

 
$
38,029

 
 
 
 
 
 
 
 
Average shares outstanding
15,178

 
15,363

 
15,111

 
15,509

Effect of dilutive securities:
 

 
 

 
 
 
 
Warrant outstanding

 
62

 
37

 
62

Employee stock awards
20

 
20

 
21

 
23

Shares for diluted earnings per share
15,198

 
15,445

 
15,169

 
15,594

 
 
 
 
 
 
 
 
Basic earnings per share
$
0.69

 
$
0.76

 
$
2.66

 
$
2.45

Diluted earnings per share
$
0.69

 
$
0.76

 
$
2.65

 
$
2.44