Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Schedule of earnings per share

Diluted EPS assumes the conversion of both the Convertible Preferred Stock $7.00 Series and the Convertible Preferred Stock $8.00 Series.

	(In Thousands Except per Share Amounts)
	Three Months Ended March 31,
	2017					2016
Basic:	Income			Shares		Income			Shares
Net Income	$	4,441			16,299	$	4,790			16,233
Preferred Dividend		(36	)				(36	)
Earnings Applicable to Common Stock	$	4,405			16,299	$	4,754			16,233
Basic EPS	$	0.27				$	0.29
Diluted:
Earnings Applicable to Common Stock	$	4,405			16,299	$	4,754			16,233
$7.00 Series Preferred Dividend		17			115		17			115
$8.00 Series Preferred Dividend		6			41		6			41
Adjusted Earnings Applicable to  Common Stock	$	4,428			16,455	$	4,777			16,389
Diluted EPS	$	0.27				$	0.29