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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2015
EARNINGS PER SHARE  
Schedule of computation of EPS

 

    Three Months Ended,     Nine Months Ended,  
    September 30,     September 30,  
(In thousands, except per share data)   2015     2014     2015     2014  
Net Income   $ 7,890     $ 4,871     $ 13,116     $ 9,595  
Less: Dividends paid on and earnings allocated to participating securities     (149 )     (119 )     (295 )     (218 )
Income attributable to common stock   $ 7,741     $ 4,752     $ 12,821     $ 9,377  
                                 
Weighted average common shares outstanding, including participating securities     17,426       11,674       13,901       11,616  
Less: weighted average participating securities     (330 )     (284 )     (315 )     (276 )
Weighted average common shares outstanding     17,096       11,390       13,586       11,340  
Basic earnings per common share   $ 0.45     $ 0.42     $ 0.94     $ 0.83  
                                 
Income attributable to common stock   $ 7,741     $ 4,752     $ 12,821     $ 9,377  
                                 
Weighted average common shares outstanding     17,096       11,390       13,586       11,340  
Weighted average common equivalent shares outstanding     6             4        
Weighted average common and equivalent shares outstanding     17,102       11,390       13,590       11,340  
Diluted earnings per common share   $ 0.45     $ 0.42     $ 0.94     $ 0.83