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Earnings Per Share
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
 
The following table sets forth the reconciliation from basic to diluted average common shares and the calculations of net income per common share.  Net income for basic and diluted calculations do not differ.
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
(In thousands, except per share)
2014
 
2013
 
2014
 
2013
Net Income
$
13,367

 
$
11,333

 
$
29,800

 
$
30,070

Average Common Shares:
 
 
 
 
 
 
 
Basic (weighted-average outstanding shares)
12,050

 
12,069

 
12,077

 
12,040

Dilutive potential common shares from stock options
156

 
160

 
174

 
156

Diluted (weighted-average outstanding shares)
12,206

 
12,229

 
12,251

 
12,196

 
 
 
 
 
 
 
 
Basic earnings per share
$
1.11

 
$
0.94

 
$
2.47

 
$
2.50

Diluted earnings per share
$
1.10

 
$
0.93

 
$
2.43

 
$
2.47



Stock option totaling 66,750 and zero shares for the three months ended September 30, 2014 and 2013, respectively and 22,250 and 15,118 for the nine months ended September 30, 2014 and 2013, respectively, were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive.