Shareholders' Equity and Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2016

Shareholders' Equity and Earnings Per Common Share [Abstract]

Reconciliation of basic and diluted net income per share

A reconciliation of basic and diluted net income per common share follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
	(In thousands, except per share amounts)
Net income	$	6,438	$	5,619	$	10,538	$	9,400
Weighted average shares outstanding (1)		21,281		22,889		21,516		22,943
Stock units for deferred compensation plan for non-employee directors		114		111		114		111
Effect of stock options		148		120		150		120
Restricted stock units		55		310		70		310
Performance share units		41		-		37		-
Weighted average shares outstanding for calculation of diluted earnings per share		21,639		23,430		21,887		23,484
Net income per common share
Basic (1)	$	0.30	$	0.25	$	0.49	$	0.41
Diluted	$	0.30	$	0.24	$	0.48	$	0.40

⁽¹⁾ Basic net income per common share includes weighted average common shares outstanding during the period and participating share awards.