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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Analysis of Basic and Diluted Earnings Per Share
The following is an analysis of basic and diluted earnings per share (“EPS”), reflecting the application of the two-class method, as described below: 
 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
 
2013
 
2012
 
2013
 
2012
Net income
 
$
6,331

 
$
6,412

 
$
11,993

 
$
12,995

Dividends and undistributed earnings allocated to participating securities (1)
 
(20
)
 
(18
)
 
(30
)
 
(30
)
Net income available to common shareholders
 
$
6,311

 
$
6,394

 
$
11,963

 
$
12,965

 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding for basic EPS
 
7,637,433

 
7,675,819

 
7,632,586

 
7,673,927

Dilutive effect of stock-based awards (2)
 
14,766

 
11,801

 
14,156

 
12,820

Weighted-average common and potential common shares for diluted EPS
 
7,652,199

 
7,687,620

 
7,646,742

 
7,686,747

Earnings per common share:
 
 

 
 

 
 
 
 
Basic EPS
 
$
0.83

 
$
0.84

 
$
1.57

 
$
1.69

Diluted EPS
 
$
0.82

 
$
0.83

 
$
1.56

 
$
1.69

(1)
Represents dividends paid and undistributed earnings allocated to nonvested restricted stock awards.
 
 
(2)
Represents the effect of the assumed exercise of stock options, vesting of restricted shares, and vesting of restricted stock units, based on the treasury stock method.