Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Common Share

Schedule of basic and diluted earnings per share of common stock

	2016			2015
	(Dollars in thousands, except share and per share)
Net income	$	3,480		$	9,072
Less net income attributable to participating securities		(3	)		-
Income available to common stockholders	$	3,477		$	9,072
Weighted average common shares outstanding for basic earnings per common share		28,999,327			29,076,708
Add: dilutive effects of assumed exercises of stock options		-			-
Add: dilutive effects of unvested restricted stock awards		99,173			-
Weighted average common shares outstanding for diluted earnings per common share		29,098,500			29,076,708
Earnings per common share – basic	$	0.12		$	0.31
Earnings per common share – diluted	$	0.12		$	0.31