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

 

 

 

For the three months ended
September 30,

 

For the nine months ended
September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

 

 

(Dollars in thousands, except share and per share)

 

Basic

 

 

 

 

 

 

 

 

 

Net income

 

  $
979

 

  $
765

 

  $
3,430

 

  $
1,813

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 
29,076,708

 
20,247,159

 
29,076,708

 
20,238,679

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share - basic

 

  $
0.03

 

  $
0.04

 

  $
0.12

 

  $
0.09

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

Net income

 

  $
979

 

  $
765

 

  $
3,430

 

  $
1,813

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 
29,076,708

 
20,247,159

 
29,076,708

 
20,238,679

 

Add: dilutive effects of assumed exercises of stock options

 

-

 

-

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares - fully dilutive

 
29,076,708

 
20,247,159

 
29,076,708

 
20,238,679

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share - diluted

 

  $
0.03

 

  $
0.04

 

  $
0.12

 

  $
0.09