Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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 June 30,
	2017					2016
Basic:	Income			Shares		Income			Shares
Net Income	$	5,381			16,332	$	5,919			16,271
Preferred Dividend		(36	)				(36	)
Earnings Applicable to Common Stock	$	5,345			16,332	$	5,883			16,271
Basic EPS	$	0.33				$	0.36
Diluted:
Earnings Applicable to Common Stock	$	5,345			16,332	$	5,883			16,271
$7.00 Series Preferred Dividend		17			115		17			115
$8.00 Series Preferred Dividend		6			41		6			41
Adjusted Earnings Applicable to  Common Stock	$	5,368			16,488	$	5,906			16,427
Diluted EPS	$	0.33				$	0.36

	(In Thousands Except per Share Amounts)
	Six Months Ended June 30,
	2017					2016
Basic:	Income			Shares		Income			Shares
Net Income	$	9,822			16,316	$	10,709			16,252
Preferred Dividend		(72	)				(72	)
Earnings Applicable to Common Stock	$	9,750			16,316	$	10,637			16,252
Basic EPS	$	0.60				$	0.65
Diluted:
Earnings Applicable to Common Stock	$	9,750			16,316	$	10,637			16,252
$7.00 Series Preferred Dividend		34			115		34			115
$8.00 Series Preferred Dividend		12			41		12			41
Adjusted Earnings Applicable to  Common Stock	$	9,796			16,472	$	10,683			16,408
Diluted EPS	$	0.59				$	0.65