For the three months ended

September 30,

For the nine months ended

September 30,

2013

2012

2013

2012

(In thousands, except per share data)

Net income, as reported

$

9,421

$

9,365

$

25,804

$

25,131

Divided by:

Weighted average common shares outstanding

29,773

30,432

30,143

30,434

Weighted average common stock equivalents

32

30

25

30

Total weighted average common shares outstanding and common stock equivalents

29,805

30,462

30,168

30,464

Basic earnings per common share

$

0.32

$

0.31

$

0.86

$

0.83

Diluted earnings per common share (1)

$

0.32

$

0.31

$

0.86

$

0.82

Dividend payout ratio

40.6

%

41.9

%

45.3

%

47.0

%