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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Summary Of Computation Of Basic And Diluted Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per common share for the three and six months ended June 30, 2012 and 2011.
 
(in thousands, except share and per share data)
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2012
 
2011
 
2012
 
2011
Numerator:
 
 

 
 

 
 

 
 

Income available to common shareholders
 
$
16,938

 
$
27,489

 
$
46,936

 
$
48,221

Denominator:
 
 

 
 

 
 

 
 

Denominator for basic earnings per share (weighted average common shares outstanding)
 
15,405,902

 
15,398,919

 
15,405,906

 
15,398,925

Effect of dilutive options and warrants
 

 
674

 
3,784

 
2,581

Denominator for diluted earnings per share (weighted average common shares outstanding adjusted for the effect of dilutive options and warrants)
 
15,405,902

 
15,399,593

 
15,409,690

 
15,401,506

Earnings per common share:
 
 

 
 

 
 

 
 

Basic earnings per common share
 
$
1.10

 
$
1.79

 
$
3.05

 
$
3.13

Diluted earnings per common share
 
$
1.10

 
$
1.79

 
$
3.05

 
$
3.13