Three Months Ended

Nine Months Ended

September 30,

(In thousands, except per share data)

2020

2019

2020

2019

Net income

$

13,061

$

13,903

$

33,065

$

37,483

Dividends paid on and earnings allocated to participating securities

(276)

(294)

(689)

(797)

Income attributable to common stock

$

12,785

$

13,609

$

32,376

$

36,686

Weighted average common shares outstanding, including participating securities

19,896

19,958

19,901

19,950

Weighted average participating securities

(423)

(422)

(415)

(425)

Weighted average common shares outstanding

19,473

19,536

19,486

19,525

Basic earnings per common share

$

0.66

$

0.70

$

1.66

$

1.88

Income attributable to common stock

$

12,785

$

13,609

$

32,376

$

36,686

Weighted average common shares outstanding

19,473

19,536

19,486

19,525

Incremental shares from assumed conversions of options and restricted stock units

41

32

36

27

Weighted average common and equivalent shares outstanding

19,514

19,568

19,522

19,552

Diluted earnings per common share

$

0.66

$

0.70

$

1.66

$

1.88