Earnings Per Common Share

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Earnings Per Common Share

EARNINGS PER COMMON SHARE (In Thousands, Except Per Share Amounts)

The following table presents a reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per common share (“EPS”) for periods ended September 30, 2017 and 2016.  All share and per share amounts have been adjusted for the September 28, 20173% stock dividend.

Earnings Per Share
	Quarterly Period Ended:				Year-to-Date Period Ended:
	September 30, 2017		September 30, 2016		September 30, 2017		September 30, 2016
Earnings Per Share - Basic:
Net Income	$	7,416	$	6,738	$	21,255	$	19,934
Weighted Average Shares - Basic	13,889		13,810		13,889		13,775
Earnings Per Share - Basic	$	0.53	$	0.49	$	1.53	$	1.45
Earnings Per Share - Diluted:
Net Income	$	7,416	$	6,738	$	21,255	$	19,934
Weighted Average Shares - Basic	13,889		13,810		13,889		13,775
Dilutive Average Shares Attributable to Stock Options	77		91		92		67
Weighted Average Shares - Diluted	13,966		13,901		13,981		13,842
Earnings Per Share - Diluted	$	0.53	$	0.48	$	1.52	$	1.44