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Earnings Per Share
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

Note 3 – Earnings Per Share

Basic earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income by the sum of the weighted-average number of common shares outstanding and the weighted-average number of potential common shares outstanding. There were no anti-dilutive shares in the six months ended June 30, 2015 and 2014. The calculations of basic and diluted earnings per share are as follows:

 Three Months Ended       Six Months Ended     
 June 30,   June 30,     
(In thousands except share and per share data)  2015     2014    2015   2014 
Basic                      
       Net income 5,548     6,035     $ 11,087   $ 11,846

       Weighted-average common shares

              outstanding

    11,388,907       11,489,423     11,414,489   11,483,801
                     Basic earnings per share   .49     .52     $ .97   $ 1.03
                               
Diluted    
     
     
       Net income 5,548     6,035     $ 11,087   $ 11,846

       Weighted-average common shares

               outstanding

    11,388,907       11,489,423     11,414,489   11,483,801

       Effect of dilutive restricted stock

              and stock appreciation rights

  163,898       169,724     162,705   182,146

       Weighted-average common shares

              outstanding assuming dilution

    11,552,805       11,659,147     11,577,194   11,665,947
              Diluted earnings per share   .48     .52     $ .96   $ 1.02