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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Accounting Policies [Abstract]  
Reconciliation of Numerator and Denominator of Basic Earnings Per Share with that of Diluted Earnings Per Share

The reconciliation of the numerator and denominator of basic earnings per share with that of diluted earnings per share is presented as follows:

 

     Year Ended December 31  
(Dollars in thousands, except per share)    2013      2012      2011  

Distributed earnings allocated to common stock

   $ 62,982       $ 62,286       $ 56,827   

Undistributed earnings allocated to common stock

     22,512         20,245         18,783   
  

 

 

    

 

 

    

 

 

 

Net earnings allocated to common shareholders

   $ 85,494       $ 82,531       $ 75,610   
  

 

 

    

 

 

    

 

 

 

Average common shares outstanding

     50,353,452         50,265,620         46,803,432   

Equivalents from stock options

     72,626         32,399         33,931   
  

 

 

    

 

 

    

 

 

 

Average diluted shares outstanding

     50,426,078         50,298,019         46,837,363   
  

 

 

    

 

 

    

 

 

 

Earnings per basic common share

   $ 1.70       $ 1.64       $ 1.62   

Earnings per diluted common share

   $ 1.70       $ 1.64       $ 1.61