Three months ended,

March 31,

(In thousands, except per share data)

2017

2016

Net income

$

9,171

$

8,626

Dividends paid on and earnings allocated to participating securities

(178

)

(170

)

Income attributable to common stock

$

8,993

$

8,456

Weighted average common shares outstanding, including participating securities

19,669

17,479

Weighted average participating securities

(392

)

(353

)

Weighted average common shares outstanding

19,277

17,126

Basic earnings per common share

$

0.47

$

0.49

Income attributable to common stock

$

8,993

$

8,456

Weighted average common shares outstanding

19,277

17,126

Incremental shares from assumed conversions of options and restricted stock units

19

11

Weighted average common and equivalent shares outstanding

19,296

17,137

Diluted earnings per common share

$

0.47

$

0.49