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Summary Of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2018
Summary Of Significant Accounting Policies [Abstract]  
Earnings Per Common Share



 

 

 

 

 

 

 

 

 

 

 



Three months ended

 

Six months ended



June 30,

 

June 30,



2018

 

2017

 

2018

 

2017



(unaudited)

 

(unaudited)

Basic

 

 

 

 

 

 

 

 

 

 

 

Net income

$

1,130 

 

$

556 

 

$

1,922 

 

$

960 

Dividends on Series B preferred stock and accretion of discount

 

(12)

 

 

(215)

 

 

(38)

 

 

(429)

Net income allocated to common stockholders

$

1,118 

 

$

341 

 

$

1,884 

 

$

531 



 

 

 

 

 

 

 

 

 

 

 

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

 

23,367,150 

 

 

16,288,577 

 

 

23,351,665 

 

 

16,290,361 

Less: Unvested share-based payment awards

 

-  

 

 

-  

 

 

-  

 

 

-  

Average shares

 

23,367,150 

 

 

16,288,577 

 

 

23,351,665 

 

 

16,290,361 

Basic earnings per common share

$

0.05 

 

$

0.02 

 

$

0.08 

 

$

0.03 



 

 

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

Net earnings allocated to common stockholders

$

1,118 

 

$

341 

 

$

1,884 

 

$

531 



 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding for basic earnings per common share

 

23,367,150 

 

 

16,288,577 

 

 

23,351,665 

 

 

16,290,361 

Add:  Dilutive effects of assumed exercises of stock options

 

226,742 

 

 

180,409 

 

 

221,444 

 

 

185,408 

Add:  Dilutive effects of assumed exercises of stock warrants

 

1,091,975 

 

 

1,152,125 

 

 

1,112,025 

 

 

1,152,125 

Average shares and dilutive potential common shares

 

24,685,867 

 

 

17,621,111 

 

 

24,685,134 

 

 

17,627,894 

Diluted earnings per common share

$

0.05 

 

$

0.02 

 

$

0.08 

 

$

0.03 



Anti-Dilutive Common Shares



 

 

 

 

 

 

 



Three months ended
June 30,

 

Six months ended

June 30,



2018

 

2017

 

2018

 

2017



(unaudited)

 

(unaudited)

Stock options

4,856 

 

5,446 

 

4,956 

 

5,446 

Series B preferred stock

 -

 

6,857,143 

 

 -

 

6,857,143