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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share  
Schedule of reconciliation of weighted average shares outstanding
   
Three months ended
March 31,
 
(In thousands except per share data )
 
2015
   
2014
 
Net income available for stockholders
  $ 2,929     $ 1,978  
Less:  Dividends paid
    (1,532 )     (1,145 )
Undistributed earnings
  $ 1,397     $ 833  
                 
Basic shares outstanding:
               
Common stock
    35,784       35,746  
Restricted shares of common stock
    1,244       1,212  
      37,028       36,958  
 
Diluted shares outstanding:
               
Common stock
    35,784       35,746  
Dilutive effect of stock based awards
    236       297  
      36,020       36,043  
Restricted shares of common stock
    1,244       1,212  
      37,264       37,255  
Schedule of stock option excluded from computation of diluted earnings per share
   
Three months ended March 31,
Three months ended March 31,
(in thousands)
 
2015
2014
2015
2014
Stock options
 
-
42
-
42