EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2012

EARNINGS PER SHARE

Schedule of computation of EPS

	Three months ended,						Six months ended,
	June 30,						June 30,
(In thousands, except per share data)	2012			2011			2012			2011
Net Income	$	3,063		$	2,476		$	6,002		$	4,636
Less: Dividends paid on and earnings allocated to participating securities	(79		)	(73		)	(156		)	(137		)
Income attributable to common stock	$	2,984		$	2,403		$	5,846		$	4,499
Weighted average common shares outstanding, including participating securities	8,576			6,563			8,511			6,488
Less: weighted average participating securities	(224		)	(192		)	(224		)	(192		)
Weighted average common shares outstanding	8,352			6,371			8,287			6,296
Basic earnings per common share	$	0.36		$	0.38		$	0.71		$	0.71
Income attributable to common stock	$	2,984		$	2,403		$	5,846		$	4,499
Weighted average common shares outstanding	8,352			6,371			8,287			6,296
Weighted average common equivalent shares outstanding	1			1			1			1
Weighted average common and equivalent shares outstanding	8,353			6,372			8,288			6,297
Diluted earnings per common share	$	0.36		$	0.38		$	0.71		$	0.71