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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure Text Block [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Earnings per common share have been computed based on the following:

 

 

 

 

 

 

 

 

 

Years Ended December 31,

 

2014

 

2013

 

2012

 

 

(In Thousands, Except per Share Amounts)

Net income

 

 

$

 

18,565

 

 

 

$

 

19,925

 

 

 

$

 

17,507

 

Preferred stock dividends and accretion

 

 

 

112

 

 

 

 

141

 

 

 

 

281

 

 

 

 

 

 

 

 

Net income available to common stockholders

 

 

$

 

18,453

 

 

 

$

 

19,784

 

 

 

$

 

17,226

 

 

 

 

 

 

 

 

Average number of common shares outstanding

 

 

 

23,030

 

 

 

 

16,349

 

 

 

 

16,340

 

Effect of dilutive options

 

 

 

449

 

 

 

 

37

 

 

 

 

11

 

 

 

 

 

 

 

 

Average number of common shares outstanding used to calculate diluted earnings per common share

 

 

 

23,479

 

 

 

 

16,386

 

 

 

 

16,351

 

 

 

 

 

 

 

 

Anti-dilutive common shares outstanding

 

 

 

 

 

 

 

14

 

 

 

 

42

 

 

 

 

 

 

 

 

Earnings per common share:

 

 

 

 

 

 

Basic

 

 

$

 

0.80

 

 

 

$

 

1.21

 

 

 

$

 

1.05

 

Diluted

 

 

$

 

0.79

 

 

 

$

 

1.21

 

 

 

$

 

1.05