Three Months Ended

Six Months Ended

June 30,

(In thousands, except per share data)

2018

2017

2018

2017

Net income

$

6,743

$

8,841

$

18,816

$

18,012

Dividends paid on and earnings allocated to participating securities

(148

)

(182

)

(405

)

(360

)

Income attributable to common stock

$

6,595

$

8,659

$

18,411

$

17,652

Weighted average common shares outstanding, including participating securities

19,884

19,781

19,859

19,725

Weighted average participating securities

(445

)

(410

)

(433

)

(401

)

Weighted average common shares outstanding

19,439

19,371

19,426

19,324

Basic earnings per common share

$

0.34

$

0.45

$

0.95

$

0.91

Income attributable to common stock

$

6,595

$

8,659

$

18,411

$

17,652

Impact of assumed conversions - interest on 8.5% trust preferred securities

-

32

Income attributable to common stock including assumed conversions

$

6,595

$

8,659

$

18,411

$

17,684

Weighted average common shares outstanding

19,439

19,371

19,426

19,324

Incremental shares from assumed conversions of options and restricted stock units

29

23

27

20

Incremental shares from assumed conversions of 8.5% trust preferred securities

-

35

Weighted average common and equivalent shares outstanding

19,468

19,394

19,453

19,379

Diluted earnings per common share

$

0.34

$

0.45

$

0.95

$

0.91