Three Months Ended,

Six Months Ended,

June 30,

(In thousands, except per share data)

2015

2014

2015

2014

Net Income

$

463

$

4,318

$

5,226

$

4,724

Less: Dividends paid on and earnings allocated to participating securities

(16

)

(103

)

(131

)

(101

)

Income attributable to common stock

$

447

$

4,215

$

5,095

$

4,623

Weighted average common shares outstanding, including participating securities

12,488

11,660

12,106

11,587

Less: weighted average participating securities

(305

)

(279

)

(303

)

(271

)

Weighted average common shares outstanding

12,183

11,381

11,803

11,316

Basic earnings per common share

$

0.04

$

0.37

$

0.43

$

0.41

Income attributable to common stock

$

447

$

4,215

$

5,095

$

4,623

Weighted average common shares outstanding

12,183

11,381

11,803

11,316

Weighted average common equivalent shares outstanding

3

-

3

-

Weighted average common and equivalent shares outstanding

12,186

11,381

11,806

11,316

Diluted earnings per common share

$

0.04

$

0.37

$

0.43

$

0.41