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Summary Of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2017
Summary Of Significant Accounting Policies [Abstract]  
Earnings Per Common Share



 

 

 

 

 

 

 

 

 

 

 

 



 

Three months ended

 

Six months ended



 

June 30,

 

June 30,



 

2017

 

2016

 

2017

 

2016



 

(unaudited)

 

(unaudited)

Basic

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

556 

 

$

422 

 

$

960 

 

$

738 

Dividends on Series B preferred stock and accretion of discount

 

 

(215)

 

 

(215)

 

 

(429)

 

 

(429)

Net income allocated to common stockholders

 

$

341 

 

$

207 

 

$

531 

 

$

309 



 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

16,288,577 

 

 

16,017,997 

 

 

16,290,361 

 

 

16,021,103 

Less: Unvested share-based payment awards

 

 

-  

 

 

-  

 

 

-  

 

 

-  

Average shares

 

 

16,288,577 

 

 

16,017,997 

 

 

16,290,361 

 

 

16,021,103 

Basic earnings per common share

 

$

0.02 

 

$

0.01 

 

$

0.03 

 

$

0.02 



 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings allocated to common stockholders

 

$

341 

 

$

207 

 

$

531 

 

$

309 



 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding for basic earnings per common share

 

 

16,288,577 

 

 

16,017,997 

 

 

16,290,361 

 

 

16,021,103 

Add:  Dilutive effects of assumed exercises of stock options

 

 

180,409 

 

 

10,993 

 

 

185,408 

 

 

8,473 

Add: Dilutive effects of assumed exercises of stock warrants

 

 

1,152,125 

 

 

-  

 

 

1,152,125 

 

 

-  

Average shares and dilutive potential common shares

 

 

17,621,111 

 

 

16,028,990 

 

 

17,627,894 

 

 

16,029,576 

Diluted earnings per common share

 

$

0.02 

 

$

0.01 

 

$

0.03 

 

$

0.02 



Anti-Dilutive Common Shares



 

 

 

 

 

 

 



Three months ended
June 30,

 

Six months ended

June 30,



2017

 

2016

 

2017

 

2016



(unaudited)

 

(unaudited)

Stock options

5,446 

 

384,196 

 

5,446 

 

389,196 

Series B preferred stock

6,857,143 

 

6,857,143 

 

6,857,143 

 

6,857,143 

Stock warrants

 -

 

1,152,125 

 

 -

 

1,152,125