Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table shows the computation of basic and diluted earnings per share:

	For the three months ended				For the six months ended
	June 30,				June 30,
	2013		2012		2013		2012
	(In Thousands, Except Per Share Data)
Numerator:
Net income allocable to common stockholders	$	10,299	$	6,638	$	19,347	$	12,390
Denominator:
Denominator for basic earnings per share – weighted average shares		8,802		8,706		8,792		8,696
Effect of dilutive employee stock options and warrants		95		72		89		75
Denominator for diluted earnings per share – adjusted weighted average shares and assumed exercise		8,897		8,778		8,881		8,771
Earnings per share:
Basic:
Net income allocable to common stockholders	$	1.17	$	0.76	$	2.20	$	1.42
Diluted:
Net income allocable to common stockholders	$	1.16	$	0.76	$	2.18	$	1.41
Outstanding common stock equivalents having no dilutive effect		548		536		637		536