EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2018

EARNINGS PER SHARE

Schedule of computation of EPS

	Year Ended December 31,
(In thousands, except per share data)	2018		2017		2016
Net income	$	39,227	$	20,539	$	35,491
Dividends paid on and earnings allocated to participating securities		(853)		(415)		(732)
Income attributable to common stock	$	38,374	$	20,124	$	34,759
Weighted average common shares outstanding, including participating securities		19,875		19,759		17,670
Weighted average participating securities		(434)		(404)		(366)
Weighted average common shares outstanding		19,441		19,355		17,304
Basic earnings per common share	$	1.97	$	1.04	$	2.01
Income attributable to common stock	$	38,374	$	20,124	$	34,759
Impact of assumed conversions - interest on 8.5% trust preferred securities		—		—		878
Income attributable to common stock including assumed conversions	$	38,374	$	20,124	$	35,637
Weighted average common shares outstanding		19,441		19,355		17,304
Incremental shares from assumed conversions of options and restricted stock units		27		24		13
Incremental shares from assumed conversions of 8.5% trust preferred securities		—		—		534
Weighted average common and equivalent shares outstanding		19,468		19,379		17,851
Diluted earnings per common share	$	1.97	$	1.04	$	2.00