Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Common Share [Abstract]

Reconciliation of numerator and denominator used in earnings per common share calculations

A reconciliation of the numerator and denominator used in the earnings per common share calculations is as follows:

	Three Months Ended June 30, 2015
	Income			Shares (In thousands)		Per Share Amount
Basic Earnings Per Common Share:
Net income	$	3,345			20,573
Less preferred stock dividends		(100	)		-
Net income applicable to common shareholders		3,245			20,573	$	.16
Diluted Earnings Per Common Share:
Effect of Series D preferred stock		100			1,378
Net income applicable to common shareholders	$	3,345			21,951	$	.15

	Three Months Ended June 30, 2014
	Income			Shares (In thousands)		Per Share Amount
Basic and Diluted Earnings Per Common Share:
Net income	$	877			20,816
Less preferred stock dividends		(118	)		-
Net income applicable to common shareholders	$	759			20,816	$	.04

	Six Months Ended June 30, 2015
	Income			Shares (In thousands)		Per Share Amount
Basic Earnings Per Common Share:
Net income	$	4,036			20,582
Less preferred stock dividends		(199	)		-
Net income applicable to common shareholders		3,837			20,582	$	.19
Diluted Earnings Per Common Share:
Effect of Series D preferred stock		199			1,378
Net income applicable to common shareholders	$	4,036			21,960	$	.18

	Six Months Ended June 30, 2014
	Income			Shares (In thousands)		Per Share Amount
Basic and Diluted Earnings Per Common Share:
Net income	$	1,697			20,944
Less preferred stock dividends		(236	)		-
Net income applicable to common shareholders	$	1,461			20,944	$	.07