Earnings Per Share of Common Stock (Tables)

9 Months Ended

Sep. 30, 2018

Earnings Per Share of Common Stock

Schedule of basic and diluted earnings per share of common stock

	For the three months				For the nine months
	ended September 30,				ended September 30,
	2018		2017		2018		2017
	(Dollars in thousands, except per share)
Net income	$	751	$	503	$	540	$	2,268
Less net income attributable to participating securities		(3)		(1)		(2)		(5)
Income available to common stockholders	$	748	$	502	$	538	$	2,263
Weighted average common shares outstanding for basic earnings per common share		26,752,542		26,702,564		26,752,347		26,662,344
Add: dilutive effects of assumed exercises of stock options		—		79,898		42,912		3,748
Add: dilutive effects of unvested restricted stock awards		4,267		42,345		8,474		56,552
Weighted average common shares outstanding for diluted earnings per common share		26,756,809		26,824,807		26,803,733		26,722,644
Earnings per common share - basic	$	0.03	$	0.02	$	0.02	$	0.09
Earnings per common share - diluted	$	0.03	$	0.02	$	0.02	$	0.08