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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2014
EARNINGS PER SHARE  
Schedule of computation of EPS

 

For the Years Ended December 31,

 

2014

 

2013

 

2012

 

(In thousands, except per share data)

 

 

 

 

 

 

 

Net Income

 

$

13,763

 

$

13,093

 

$

12,772

 

Less: Dividends paid on and earnings allocated to participating securities

 

(319

)

(329

)

(328

)

Income attributable to common stock

 

$

13,444

 

$

12,764

 

$

12,444

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, including participating securities

 

11,633

 

9,622

 

8,633

 

Less: weighted average participating securities

 

(278

)

(242

)

(223

)

Weighted average common shares outstanding

 

11,355

 

9,380

 

8,410

 

Basic earnings per common share

 

$

1.18

 

$

1.36

 

$

1.48

 

 

 

 

 

 

 

 

 

Income attributable to common stock

 

$

13,444

 

$

12,764

 

$

12,444

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

11,355

 

9,380

 

8,410

 

Weighted average common equivalent shares outstanding

 

 

 

1

 

Weighted average common and equivalent shares outstanding

 

11,355

 

9,380

 

8,411

 

Diluted earnings per common share

 

$

1.18

 

$

1.36

 

$

1.48