For the Years Ended December 31,

2014

2013

(In thousands, except per share data)

Net Income

$

21,111

$

13,763

$

13,093

Less: Dividends paid on and earnings allocated to participating securities

(451

)

(319

)

(329

)

Income attributable to common stock

$

20,660

$

13,444

$

12,764

Weighted average common shares outstanding, including participating securities

14,792

11,633

9,622

Less: weighted average participating securities

(319

)

(278

)

(242

)

Weighted average common shares outstanding

14,473

11,355

9,380

Basic earnings per common share

$

1.43

$

1.18

$

1.36

Income attributable to common stock

$

20,660

$

13,444

$

12,764

Weighted average common shares outstanding

14,473

11,355

9,380

Weighted average common equivalent shares outstanding

4

—

Weighted average common and equivalent shares outstanding

14,477

11,355

9,380

Diluted earnings per common share

$

1.43

$

1.18

$

1.36