EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2014

EARNINGS PER SHARE

Schedule of computation of EPS

	Three months ended,						Six months ended,
	June 30,						June 30,
(In thousands, except per share data)	2014			2013			2014			2013
Net Income	$	4,318		$	3,252		$	4,724		$	6,365
Less: Dividends paid on and earnings allocated to participating securities	(103		)	(88		)	(101		)	(169		)
Income attributable to common stock	$	4,215		$	3,164		$	4,623		$	6,196
Weighted average common shares outstanding, including participating securities	11,660			9,105			11,587			9,042
Less: weighted average participating securities	(279		)	(247		)	(271		)	(239		)
Weighted average common shares outstanding	11,381			8,858			11,316			8,803
Basic earnings per common share	$	0.37		$	0.36		$	0.41		$	0.70
Income attributable to common stock	$	4,215		$	3,164		$	4,623		$	6,196
Weighted average common shares outstanding	11,381			8,858			11,316			8,803
Weighted average common equivalent shares outstanding	—			—			—			—
Weighted average common and equivalent shares outstanding	11,381			8,858			11,316			8,803
Diluted earnings per common share	$	0.37		$	0.36		$	0.41		$	0.70