Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Components of Earnings per Common Share

Following is a summary of the information used in the computation of earnings per common share (in thousands):

	Three Months Ended June 30,					Six Months Ended June 30,
	2017			2016		2017			2016
Net earnings available to common shareholders	$	(6,225	)	$	1,682	$	(4,545	)	$	3,604
Dividends on Series C preferred stock	—			—		—			—
Adjusted net earnings available to common shareholders	$	(6,225	)	$	1,682	$	(4,545	)	$	3,604
Weighted average number of common shares outstanding used in computation of basic earnings per common share	12,227			11,255		11,749			11,258
Effect of dilutive securities:
Stock options	10			—		13			—
Restricted stock	—			—		—			—
Convertible preferred stock and warrants	—			—		—			—
Weighted average number of common shares outstanding plus effect of dilutive securities – used in computation of diluted earnings per share	12,237			11,255		11,762			11,258

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

Following is a summary of the securities that were excluded from the computation of diluted earnings per share because the effects of the shares were anti-dilutive (in thousands):

	Three Months Ended June 30,		Six Months Ended June 30,
	2017	2016	2017	2016
Stock options	84	319	84	324
Restricted stock	—	11	—	11
Shares subject to the outstanding warrant issued in connection with the CPP transaction	104	104	104	104
Convertible preferred stock	505	507	505	507