Earnings Per Common Share

6 Months Ended

Jun. 30, 2018

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 June 30, 2018 and 2017.  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:
	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Earnings Per Share - Basic:
Net Income	$	9,730	$	7,208	$	18,261	$	13,839
Weighted Average Shares - Basic	13,975		13,890		13,955		13,889
Earnings Per Share - Basic	$	0.70	$	0.52	$	1.31	$	1.00
Earnings Per Share - Diluted:
Net Income	$	9,730	$	7,208	$	18,261	$	13,839
Weighted Average Shares - Basic	13,975		13,890		13,955		13,889
Dilutive Average Shares Attributable to Stock Options	83		85		83		100
Weighted Average Shares - Diluted	14,058		13,975		14,038		13,989
Earnings Per Share - Diluted	$	0.69	$	0.52	$	1.30	$	0.99