Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Schedule of Calculation of Basic and Diluted Earnings Per Share

The following table presents the calculation of basic and diluted earnings per share.

	For the Years Ended December 31,
(Dollars in thousands, except per share data)	2013			2012			2011
Income available to common shareholders	$	65,103		$	76,395		$	53,538
Distributed earnings to unvested restricted stock		(1,206	)		(1,443	)		(988	)
Distributed earnings to common shareholders - basic		63,897			74,952			52,550
Undistributed earnings reallocated to unvested restricted stock		(3	)		6			21
Distributed and undistributed earnings to common shareholders - diluted	$	63,894		$	74,958		$	52,571
Weighted average shares outstanding - basic (1)		29,605,088			29,454,084			28,500,420
Weighted average shares outstanding - diluted		29,105,098			28,957,696			28,141,300
Earnings per common share - basic	$	2.20		$	2.59		$	1.88
Earnings per common share - diluted		2.20			2.59			1.87
Earnings per unvested restricted stock share - basic		2.18			2.61			2.04
Earnings per unvested restricted stock share - diluted		2.18			2.60			2.00

(1) Weighted average basic shares outstanding include 553,016, 552,609, and 484,361 shares of unvested restricted stock for the years ended December 31, 2013, 2012, and 2011, respectively.

Schedule of Basic Earnings Per Common Share

Additional information on the Company’s basic earnings per common share is shown in the following table.

	For the Years Ended December 31,
(Dollars in thousands, except per share data)	2013		2012		2011
Distributed earnings to common shareholders	$	39,685	$	39,349	$	38,681
Undistributed earnings to common shareholders		24,212		35,603		13,869
Total earnings to common shareholders	$	63,897	$	74,952	$	52,550
Distributed earnings to unvested restricted stock	$	749	$	758	$	727
Undistributed earnings to unvested restricted stock		457		685		261
Total earnings allocated to unvested restricted stock	$	1,206	$	1,443	$	988
Distributed earnings per common share	$	1.37	$	1.36	$	1.38
Undistributed earnings per common share		0.83		1.23		0.50
Total earnings per common share - basic	$	2.20	$	2.59	$	1.88
Distributed earnings per unvested restricted stock share	$	1.35	$	1.37	$	1.50
Undistributed earnings per unvested restricted stock share		0.83		1.24		0.54
Total earnings per unvested restricted stock share - basic	$	2.18	$	2.61	$	2.04