| EARNINGS PER COMMON SHARE |
| |
|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
| |
|
2012 |
|
2011 |
|
2012 |
|
2011 |
|
| |
|
(In Thousands, Except Shares and Per Share Data) |
|
| Earnings per common share |
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average common shares outstanding |
|
6,005,242 |
|
|
5,886,178 |
|
|
5,977,590 |
|
|
5,709,334 |
|
| Net income available to common stockholders |
$ |
9,202 |
|
$ |
6,035 |
|
$ |
25,589 |
|
$ |
16,751 |
|
| Basic earnings per common share |
$ |
1.53 |
|
$ |
1.03 |
|
$ |
4.28 |
|
$ |
2.93 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average common shares outstanding |
|
6,005,242 |
|
|
5,886,178 |
|
|
5,977,590 |
|
|
5,709,334 |
|
| Dilutive effects of assumed conversions and |
|
|
|
|
|
|
|
|
|
|
|
|
| |
exercise of stock options and warrants |
|
942,187 |
|
|
996,631 |
|
|
954,088 |
|
|
962,579 |
|
| Weighted average common and dilutive potential |
|
|
|
|
|
|
|
|
|
|
|
|
| |
common shares outstanding |
|
6,947,429 |
|
|
6,882,809 |
|
|
6,931,678 |
|
|
6,671,913 |
|
| Net income available to common stockholders |
$ |
9,202 |
|
$ |
6,035 |
|
$ |
25,589 |
|
$ |
16,751 |
|
| Effect of interest expense on convertible debt, net of tax and |
|
|
|
|
|
|
|
|
|
|
|
|
| |
discretionary expenditures related to conversion |
|
143 |
|
|
150 |
|
|
426 |
|
|
444 |
|
| Net income available to common stockholders, adjusted |
|
|
|
|
|
|
|
|
|
|
|
|
| |
for effect of debt conversion |
$ |
9,345 |
|
$ |
6,185 |
|
$ |
26,015 |
|
$ |
17,195 |
|
| Diluted earnings per common share |
$ |
1.35 |
|
$ |
0.90 |
|
$ |
3.75 |
|
$ |
2.58 |
|
|