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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2016
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 June 30,
 
Six months ended June 30,
2016
2015
 
2016
2015
Distributed earnings allocated to common stock
$
6,375

$
6,344

 
$
12,751

$
12,688

Undistributed earnings allocated to common stock
6,016

5,505

 
11,204

16,950

Net earnings allocated to common shareholders
$
12,391

$
11,849

 
$
23,955

$
29,638

 
 
 
 
 
 
Average shares outstanding
14,889

15,104

 
14,903

15,079

Effect of dilutive securities:
 

 

 
 
 
Warrant outstanding


 

55

Employee stock awards
13

23

 
12

22

Shares for diluted earnings per share
14,902

15,127

 
14,915

15,156

 
 
 
 
 
 
Basic earnings per share
$
0.83

$
0.78

 
$
1.61

$
1.97

Diluted earnings per share
$
0.83

$
0.78

 
$
1.61

$
1.96