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Summary Of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2016
Summary Of Significant Accounting Policies [Abstract]  
Earnings Per Common Share



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three months ended

 

Nine months ended



 

September 30,

 

September 30,



 

2016

 

2015

 

2016

 

2015



 

(unaudited)

 

(unaudited)

Basic

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

505 

 

$

330 

 

$

1,243 

 

$

1,048 

Dividends on Series B preferred stock and accretion of discount

 

 

(214)

 

 

(214)

 

 

(643)

 

 

(643)

Net income allocated to common stockholders

 

$

291 

 

$

116 

 

$

600 

 

$

405 



 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding including unvested share-based payment awards

 

 

16,003,363 

 

 

15,823,710 

 

 

16,015,147 

 

 

15,823,710 

Less: Unvested share-based payment awards

 

 

-  

 

 

-  

 

 

-  

 

 

-  

Average shares

 

 

16,003,363 

 

 

15,823,710 

 

 

16,015,147 

 

 

15,823,710 

Basic earnings per common share

 

$

0.02 

 

$

0.01 

 

$

0.04 

 

$

0.03 



 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings allocated to common stockholders

 

$

291 

 

$

116 

 

$

600 

 

$

405 



 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding for basic earnings per common share

 

 

16,003,363 

 

 

15,823,710 

 

 

16,015,147 

 

 

15,823,710 

Add:  Dilutive effects of assumed exercises of stock options

 

 

17,660 

 

 

8,396 

 

 

13,191 

 

 

9,441 

Average shares and dilutive potential common shares

 

 

16,021,023 

 

 

15,832,106 

 

 

16,028,338 

 

 

15,833,151 

Diluted earnings per common share

 

$

0.02 

 

$

0.01 

 

$

0.04 

 

$

0.03 



Anti-Dilutive Common Shares



 

 

 

 

 

 

 



Three months ended
September 30,

 

Nine months ended
September 30,



2016

 

2015

 

2016

 

2015



(unaudited)

 

(unaudited)

Stock options

347,746 

 

417,529 

 

375,379 

 

432,178 

Series B preferred stock

6,857,143 

 

6,857,143 

 

6,857,143 

 

6,857,143 

Stock warrants

1,152,125 

 

1,152,125 

 

1,152,125 

 

1,152,125