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Earnings Per Share | 12 Months Ended
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Dec. 31, 2013
Earnings Per Share [Abstract] |
Earnings Per Share | 3. Earnings Per Share The computation of basic and diluted earnings per share is shown below (in thousands, except per share data). For the years ended December 31, 2012, and 2011, options to purchase 37,500 and 75,500 shares of common stock were not considered in computing diluted earnings per share because they were anti-dilutive. There were no anti-dilutive stock options for the year ended December 31, 2013.
|  | Years Ended December 31 |
|  | 2013 |  |  | 2012 |  |  | 2011 |
Basic earnings per common share computation |  |  |  |  |  |  |  |  |  |  |  |
Net income per consolidated statements of income |  | $ | 16,679 |  |  | $ | 17,136 |  |  | $ | 15,104 |
Net earnings allocated to participating securities |  |  | (73 | ) |  |  | (62 | ) |  |  | (42 | )
Net earnings allocated to common stock |  | $ | 16,606 |  |  | $ | 17,074 |  |  | $ | 15,062 |
Distributed earnings allocated to common stock |  | $ | 8,532 |  |  | $ | 8,182 |  |  | $ | 8,101 |
Undistributed earnings allocated to common stock |  |  | 8,074 |  |  |  | 8,892 |  |  |  | 6,961 |
Net earnings allocated to common stock |  | $ | 16,606 |  |  | $ | 17,074 |  |  | $ | 15,062 |
Weighted average common shares outstanding, including shares considered participating securities |  |  | 12,929 |  |  |  | 12,441 |  |  |  | 12,306 |
Less: Average participating securities |  |  | (50 | ) |  |  | (41 | ) |  |  | (33 | )
Weighted average shares |  |  | 12,879 |  |  |  | 12,400 |  |  |  | 12,273 |
Basic earnings per common share |  | $ | 1.29 |  |  | $ | 1.38 |  |  | $ | 1.23 |
Diluted earnings per common share computation |  |  |  |  |  |  |  |  |  |  |  |
Net earnings allocated to common stock |  | $ | 16,606 |  |  | $ | 17,074 |  |  | $ | 15,062 |
Weighted average common shares outstanding for basic earnings per common share |  |  | 12,879 |  |  |  | 12,400 |  |  |  | 12,273 |
Add: Dilutive effects of assumed exercises of stock options |  |  | 2 |  |  |  | 3 |  |  |  | 6 |
Weighted average shares and dilutive potential common shares |  |  | 12,881 |  |  |  | 12,403 |  |  |  | 12,279 |
Diluted earnings per common share |  | $ | 1.29 |  |  | $ | 1.38 |  |  | $ | 1.23 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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