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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of earnings per share

Diluted EPS assumes the conversion of both the Convertible Preferred Stock $7.00 Series and the Convertible Preferred Stock $8.00 Series.

 

   (In Thousands Except per Share Amounts)
   Three Months Ended September 30,
   2017  2016
Basic:       Income  Shares  Income  Shares
Net Income  $7,642    16,340   $8,813    16,284 
Preferred Dividend   (36)        (36)     
Earnings Applicable to Common Stock  $7,606    16,340   $8,777    16,284 
                     
Basic EPS  $0.47        $0.54      
                     
Diluted:                    
Earnings Applicable to Common Stock  $7,606    16,340   $8,777    16,284 
$7.00 Series Preferred Dividend   17    115    17    115 
$8.00 Series Preferred Dividend   6    41    6    41 
Adjusted Earnings Applicable to  Common Stock  $7,629    16,496   $8,800    16,440 
                     
Diluted EPS  $0.46        $0.54      

 

   (In Thousands Except per Share Amounts)
   Nine Months Ended September 30,
   2017  2016
Basic:    Income  Shares  Income  Shares
Net Income  $17,463    16,324   $19,522    16,262 
Preferred Dividend   (108)        (108)     
Earnings Applicable to Common Stock  $17,355    16,324   $19,414    16,262 
                     
Basic EPS  $1.06        $1.19      
                     
Diluted:                    
Earnings Applicable to Common Stock  $17,355    16,324   $19,414    16,262 
$7.00 Series Preferred Dividend   50    115    50    115 
$8.00 Series Preferred Dividend   18    41    18    41 
Adjusted Earnings Applicable to  Common Stock  $17,423    16,480   $19,482    16,418 
                     
Diluted EPS  $1.06        $1.19