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Summary Of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2017
Summary Of Significant Accounting Policies [Abstract]  
Earnings Per Common Share



 

 

 

 

 

 



 

Three months ended



 

March 31,



 

2017

 

2016



 

(unaudited)

Basic

 

 

 

 

 

 

Net income

 

$

404 

 

$

316 

Dividends on Series B preferred stock and accretion of discount

 

 

(214)

 

 

(214)

Net income allocated to common stockholders

 

$

190 

 

$

102 



 

 

 

 

 

 

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

 

 

16,292,166 

 

 

16,024,210 

Less: Unvested share-based payment awards

 

 

-  

 

 

-  

Average shares

 

 

16,292,166 

 

 

16,024,210 

Basic earnings per common share

 

$

0.01 

 

$

0.01 



 

 

 

 

 

 

Diluted

 

 

 

 

 

 

Net earnings allocated to common stockholders

 

$

190 

 

$

102 



 

 

 

 

 

 

Weighted average common shares outstanding for basic earnings per common share

 

 

16,292,166 

 

 

16,024,210 

Add:  Dilutive effects of assumed exercises of stock options

 

 

190,407 

 

 

9,778 

Add: Dilutive effects of assumed exercises of stock warrants

 

 

1,152,125 

 

 

-  

Average shares and dilutive potential common shares

 

 

17,634,698 

 

 

16,033,988 

Diluted earnings per common share

 

$

0.01 

 

$

0.01 



Anti-Dilutive Common Shares



 

 

 



Three months ended
March 31,



2017

 

2016



(unaudited)

Stock options

5,446 

 

394,196 

Series B preferred stock

6,857,143 

 

6,857,143 

Stock warrants

 -

 

1,152,125