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(Loss) Earnings Per Common Share
 12 Months Ended
Dec. 31, 2019
(Loss) Earnings Per Common Share  
(Loss) Earnings Per Common Share

Note 17 – (Loss) Earnings Per Common Share

 

The factors used in the earnings per common share computation follow:

 

 

 

 

 

 

 

 

 

    

2019

    

2018

 

 

 

(Dollars in thousands,

 

 

 

except share and per share)

 

 

 

 

 

 

 

Net (loss) income 

 

$
(206)

 

$

815

Less net income attributable to participating securities

 

 

 —

 

 

(3)

(Loss) income available to common stockholders

 

$
(206)

 

$

812

Weighted average common shares outstanding for basic earnings per common share

 

 
26,833,693

 

 

26,755,405

Add: dilutive effects of unvested restricted stock awards

 

 

 —

 

 

7,044

Weighted average common shares outstanding for diluted earnings per common share 

 

 
26,833,693

 

 

26,762,449

(Loss) earnings per common share – basic

 

$
(0.01)

 

$

0.03

(Loss) earnings per common share – diluted

 

$
(0.01)

 

$

0.03

 

Stock options for 275,000 shares and 267,500 shares of common stock for the years ended December 31, 2019 and 2018, respectively, were not considered in computing diluted earnings per common share because they were anti-dilutive.