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Earnings (Loss) Per Common Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share of Common Stock  
Schedule of basic and diluted earnings per share of common stock

 

 

For the three months ended June 30,

 

For the six months ended June 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

 

 

(Dollars in thousands, except per share)

 

Basic

 

 

 

 

 

 

 

 

 

Net income

 

  $

1,153

 

  $

59

 

  $

2,451

 

  $

1,048

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

29,076,708

 

20,243,948

 

29,076,708

 

20,234,368

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share - basic

 

  $

0.04

 

  $

0.00

 

  $

0.08

 

  $

0.05

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

Net income

 

  $

1,153

 

  $

59

 

  $

2,451

 

  $

1,048

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

29,076,708

 

20,243,948

 

29,076,708

 

20,234,368

 

Add: dilutive effects of assumed exercises of stock options

 

-

 

-

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares - fully dilutive

 

29,076,708

 

20,243,948

 

29,076,708

 

20,234,368

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share - diluted

 

  $

0.04

 

  $

0.00

 

  $

0.08

 

  $

0.05