Three Months Ended

March 31,

(In thousands, except per share data)

2016

2015

Net income, basic and diluted

$

6,180

$

4,074

Less preferred stock dividends

-

225

Net income available to common shareholders, basic and diluted

$

6,180

$

3,849

Average common shares issued and outstanding, basic and diluted

7,500

7,490

Net income per common share, basic and diluted

$

.82

$

.51