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Share-Based Compensation Arrangements (Tables)
6 Months Ended
Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Nonvested Share Units Granted
Nonvested Share Units
During the six months ended June 30, 2013, the Corporation granted the following nonvested share units to directors.
Date
Units Granted
Fair Value
Plan
Vesting Period
4/23/2013
12,000
$26.79
2013 Plan
3 year cliff vesting

The nonvested share units awarded were valued at the fair market value as of the award date.
Schedule of Nonvested Performance Shares Granted
Nonvested Performance Shares
During the six months ended June 30, 2013, the Corporation granted the following performance share award to certain executive officers.
Date
Share Range
Fair Value
Plan
Vesting Period
1/22/2013
0 to 60,300
$26.05
2003 Stock Incentive Plan
3 year performance period


The performance shares awarded were valued at the fair market value as of the award date. The number of shares earned will range from zero to 200% of the target number of shares dependent upon the Corporation’s core return on equity and core earnings per share growth ranking compared to an industry peer group. The current assumption based on the most recent peer group information available results in shares earned at 150% of the target, or 45,225 shares.