|
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $) In Thousands
|
Total
|
Preferred Stock
|
Common Stock
|
Retained Earnings
|
Cost of Common Stock in Treasury
|
Accumulated Other Comprehensive Income (Loss), Net
|
Comprehensive Income
|
| Balance at Dec. 31, 2009 |
$ 570,320 |
$ 104,930 |
$ 350,269 |
$ 142,407 |
$ (32,380) |
$ 5,094 |
 |
| Comprehensive Income, net of tax: |
 |
 |
 |
 |
 |
 |
 |
| Net Income |
17,474 |
 |
 |
17,474 |
 |
 |
17,474 |
| Change in unrealized appreciation of available-for-sale securities, net of tax |
9,411 |
 |
 |
 |
 |
9,411 |
9,411 |
| Reclassification adjustment for gains included in net income, net of tax |
(174) |
 |
 |
 |
 |
(174) |
(174) |
| Total Comprehensive Income |
26,711 |
 |
 |
 |
 |
 |
26,711 |
| Issuance of 148,291 and 188,470 common shares for six months ended on June 30, 2011 and 2010, respectively, under stock based compensation awards, including related tax effects |
2,884 |
 |
 |
628 |
2,256 |
 |
 |
| Cost of 109,399 and 21,471 shares of common stock acquired for treasury for six months ended on June 30, 2011 and 2010, respectively |
(362) |
 |
 |
 |
(362) |
 |
 |
| Preferred stock discount accretion |
 |
653 |
 |
(653) |
 |
 |
 |
| Preferred stock dividend (paid and/or accrued) |
(2,775) |
 |
 |
(2,775) |
 |
 |
 |
| Common stock dividend ($0.32 and $0.30 per share for six months ended on June 30, 2011 and 2010, respectively) |
(7,282) |
 |
 |
(7,282) |
 |
 |
 |
| Stock based compensation |
6 |
 |
6 |
 |
 |
 |
 |
| Balance at Jun. 30, 2010 |
589,502 |
105,583 |
350,275 |
149,799 |
(30,486) |
14,331 |
 |
| Balance at Dec. 31, 2010 |
486,383 |
 |
350,282 |
157,875 |
(32,284) |
10,510 |
 |
| Comprehensive Income, net of tax: |
 |
 |
 |
 |
 |
 |
 |
| Net Income |
25,473 |
 |
 |
25,473 |
 |
 |
25,473 |
| Change in unrealized appreciation of available-for-sale securities, net of tax |
5,457 |
 |
 |
 |
 |
5,457 |
5,457 |
| Reclassification adjustment for gains included in net income, net of tax |
(845) |
 |
 |
 |
 |
(845) |
(845) |
| Total Comprehensive Income |
30,085 |
 |
 |
 |
 |
 |
30,085 |
| Issuance of 148,291 and 188,470 common shares for six months ended on June 30, 2011 and 2010, respectively, under stock based compensation awards, including related tax effects |
2,818 |
 |
 |
(168) |
2,986 |
 |
 |
| Cost of 109,399 and 21,471 shares of common stock acquired for treasury for six months ended on June 30, 2011 and 2010, respectively |
(2,139) |
 |
 |
 |
(2,139) |
 |
 |
| Repurchase of common stock warrant |
(3,750) |
 |
(3,750) |
 |
 |
 |
 |
| Common stock dividend ($0.32 and $0.30 per share for six months ended on June 30, 2011 and 2010, respectively) |
(7,806) |
 |
 |
(7,806) |
 |
 |
 |
| Stock based compensation |
3 |
 |
3 |
 |
 |
 |
 |
| Balance at Jun. 30, 2011 |
$ 505,594 |
 |
$ 346,535 |
$ 175,374 |
$ (31,437) |
$ 15,122 |
 |