2.	Earnings Per Common Share

We report basic earnings per common share, which excludes the effect of potentially dilutive securities, and diluted earnings per common share, which includes the effect of all potentially dilutive securities unless their impact is antidilutive. The following table provides a reconciliation of the numerators and denominators of our basic and diluted earnings per share (dollars in thousands, except per-share amounts).


	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012

Income (numerator):
Net income – basic	$	7,787	$	7,862	$	7,440	$	9,576


Weighted average shares (denominator):
Weighted average shares – basic		39,007,361		33,524,361		38,965,811		33,387,065
Dilution effect of share-based compensation, treasury method		21,842		25,707		10,921		106,810

Weighted average shares – diluted		39,029,203		33,550,068		38,976,732		33,493,875


Net income per share:
Basic	$	0.20	$	0.23	$	0.19	$	0.29

Diluted	$	0.20	$	0.23	$	0.19	$	0.29