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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share  
Schedule of reconciliation of weighted average shares outstanding
   
Three months ended
September 30,
   
Nine months ended
September 30,
 
(In thousands except per share data )
 
2014
   
2013
   
2014
   
2013
 
Net income available for stockholders
  $ 1,882     $ 2,002     $ 6,873     $ 5,386  
Less:  Dividends paid
    (1,144 )     (1,140 )     (3,435 )     (3,423 )
Undistributed earnings
  $ 738     $ 862     $ 3,438     $ 1,963  
                                 
Basic shares outstanding:
                               
   Common stock
    35,642       35,556       35,710       35,516  
   Restricted shares of common stock
    1,262       1,271       1,240       1,263  
      36,904       36,827       36,950       36,779  
 
Diluted shares outstanding:
                               
   Common stock
    35,642       35,556       35,710       35,516  
   Dilutive effect of stock based awards
    286       353       286       279  
      35,928       35,909       35,996       35,795  
   Restricted shares of common stock
    1,262       1,271       1,240       1,263  
      37,190       37,180       37,236       37,058
Schedule of stock option excluded from computation of diluted earnings per share
   
Three months ended September 30,
Nine months ended September 30,
 (in thousands)
 
2014
2013
2014
2013
 Stock options
 
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42
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42