Earnings (Loss) Per Share of Common Stock (Tables)

3 Months Ended

Mar. 31, 2014

Earnings (Loss) Per Share of Common Stock

Schedule of basic and diluted earnings (loss) per share of common stock

	For the three months ended March 31,
	2014		2013
	(In thousands, except share and per share)
Basic
Net income (loss)	$	989	$	(616)
Less: Preferred stock dividends and accretion	-		(315)
Income (loss) available to common stockholders	$	989	$	(931)
Weighted average common shares outstanding	20,224,682		1,917,422
Earnings (loss) per common share - basic	$	0.05	$	(0.49)
Diluted
Net income (loss)	$	989	$	(616)
Less: Preferred stock dividends and accretion	-		(315)
Income (loss) available to common stockholders	$	989	$	(931)
Weighted average common shares outstanding	20,224,682		1,917,422
Add: dilutive effects of assumed exercises of stock options	-		-
Weighted average common shares - fully diluted	20,224,682		1,917,422
Earnings (loss) per common share - diluted	$	0.05	$	(0.49)