EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2013

EARNINGS PER SHARE

Schedule of computation of EPS

	Three months ended,						Nine months ended,
	September 30,						September 30,
(In thousands, except per share data)	2013			2012			2013			2012
Net Income	$	3,123		$	3,360		$	9,488		$	9,362
Less: Dividends paid on and earnings allocated to participating securities	(85		)	(88		)	(254		)	(244		)
Income attributable to common stock	$	3,038		$	3,272		$	9,234		$	9,118
Weighted average common shares outstanding, including participating securities	9,241			8,695			9,109			8,573
Less: weighted average participating securities	(248		)	(226		)	(242		)	(225		)
Weighted average common shares outstanding	8,993			8,469			8,867			8,348
Basic earnings per common share	$	0.34		$	0.39		$	1.04		$	1.09
Income attributable to common stock	$	3,038		$	3,272		$	9,234		$	9,118
Weighted average common shares outstanding	8,993			8,469			8,867			8,348
Weighted average common equivalent shares outstanding	—			1			—			1
Weighted average common and equivalent shares outstanding	8,993			8,470			8,867			8,349
Diluted earnings per common share	$	0.34		$	0.39		$	1.04		$	1.09