
	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2011			2010			2011			2010
Income available to common shareholders	$	5,186,000		$	8,840,000		$	19,833,000		$	21,843,000
Distributed and undistributed earnings to unvested restricted stock		(91,000	)		(188,000	)		(379,000	)		(432,000	)

Distributed and undistributed earnings to common shareholders – Basic⁽¹⁾		5,095,000			8,652,000			19,454,000			21,411,000
Undistributed earnings reallocated to unvested restricted stock		4,000			(1,000	)		1,000			(1,000	)

Distributed and undistributed earnings to common shareholders – Diluted	$	5,099,000		$	8,651,000		$	19,455,000		$	21,410,000

Weighted average shares outstanding – Basic⁽³⁾		28,015,846			26,804,334			27,405,797			24,549,042
Weighted average shares outstanding – Diluted		27,677,313			26,506,308			27,124,910			24,293,237

Earnings per common share – Basic⁽¹⁾	$	0.19		$	0.33		$	0.72		$	0.89
Earnings per common share – Diluted	$	0.18		$	0.33		$	0.72		$	0.88
Earnings per unvested restricted stock share – Basic⁽²⁾	$	0.18		$	0.35		$	0.80		$	0.87
Earnings per unvested restricted stock share – Diluted	$	0.17		$	0.35		$	0.79		$	0.87

(1)

Total earnings available to common shareholders include distributed earnings of $10,093,000, or $0.37 per weighted average share, and an undistributed loss of $4,998,000, or $0.18 per weighted average share for the three months ended June 30, 2011. Total earnings available to common shareholders include distributed earnings of $8,940,000, or $0.34 per weighted average share, and an undistributed loss of $288,000, or $0.01 per weighted average share for the three months ended June 30, 2010. Total earnings available to common shareholders include distributed earnings of $19,076,000, or $0.71 per weighted average share, and undistributed earnings of $378,000, or $0.01 per weighted average share for the six months ended June 30, 2011. Total earnings available to common shareholders include distributed earnings of $17,870,000 or $0.74 per weighted average share, and undistributed earnings of $3,541,000, or $0.15 per weighted average share for the six months ended June 30, 2010.

(2)

Total earnings available to unvested restricted stock include distributed earnings of $180,000, or $0.35 per weighted average share, and an undistributed loss of $89,000, or $0.17 per weighted average share, under the two-class method for the three months ended June 30, 2011. Total earnings available to unvested restricted stock include distributed earnings of $194,000, or $0.36 per weighted average share, and an undistributed loss of $6,000, or $0.01 per weighted average share, under the two-class method for the three months ended June 30, 2010. Total earnings available to unvested restricted stock include distributed earnings of $372,000, or $0.78 per weighted average share, and undistributed earnings of $7,000, or $0.02 per weighted average share, under the two-class method for the six months ended June 30, 2011. Total earnings available to unvested restricted stock include distributed earnings of $361,000, or $0.72 per weighted average share, and undistributed earnings of $72,000 or $0.14 per weighted average share, under the two-class method for the six months ended June 30, 2010.

(3)	Weighted average basic shares outstanding include 517,596 and 535,801 shares of unvested restricted stock for the three months ended June 30, 2011 and 2010, respectively, and 476,896 and 498,286 shares of unvested restricted stock for the six months ended June 30, 2011 and 2010, respectively.