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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2012 and 2011.
 
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(In thousands, except share and per share data)
 
2012
 
2011
 
2012
 
2011
Numerator:
 
 

 
 

 
 

 
 

Income available to common shareholders
 
$
11,982

 
$
18,917

 
$
58,918

 
$
67,138

Denominator:
 
 

 
 

 
 

 
 

Denominator for basic earnings per share (weighted average common shares outstanding)
 
15,405,894

 
15,398,909

 
15,405,902

 
15,398,919

Effect of dilutive options and warrants
 

 

 
3,284

 
1,722

Denominator for diluted earnings per share (weighted average common shares outstanding adjusted for the effect of dilutive options and warrants)
 
15,405,894

 
15,398,909

 
15,409,186

 
15,400,641

Earnings per common share:
 
 

 
 

 
 

 
 

Basic earnings per common share
 
$
0.78

 
$
1.23

 
$
3.82

 
$
4.36

Diluted earnings per common share
 
$
0.78

 
$
1.23

 
$
3.82

 
$
4.36