Earnings Per Share of Common Stock (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share of Common Stock

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

	For the three months ended September 30,				For the nine months ended September 30,
	2019		2018		2019		2018
	(Dollars in thousands, except per share)
Net (loss) income	$	(279)	$	751	$	(137)	$	540
Less net (loss) income attributable to participating securities		(4)		(3)		(2)		(2)
(Loss) income available to common stockholders	$	(275)	$	748	$	(135)	$	538
Weighted average common shares outstanding for basic earnings (loss) per common share		26,907,546		26,752,542		26,782,325		26,752,347
Add: dilutive effects of assumed exercises of stock options		—		—		—		42,912
Add: dilutive effects of unvested restricted stock awards		—		4,267		—		8,474
Weighted average common shares outstanding for diluted earnings (loss) per common share		26,907,546		26,756,809		26,782,325		26,803,733
(Loss) Earnings per common share - basic	$	(0.01)	$	0.03	$	(0.01)	$	0.02
(Loss) Earnings per common share - diluted	$	(0.01)	$	0.03	$	(0.01)	$	0.02