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Earnings Per Common Share (Tables)
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Components of Earnings per Common Share
The following table is a summary of computation of earnings per common share based on the weighted average number of common shares outstanding (dollars in thousands, except per share amounts):
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2018
 
2017
 
2018
 
2017
Net (loss) income
 
$
(4,898
)
 
$
1,666

 
$
(5,207
)
 
$
(1,257
)
Dividends on preferred stock
 
810

 
810

 
2,430

 
2,432

Adjusted net loss available to common shareholders
 
$
(5,708
)
 
$
856

 
$
(7,637
)
 
$
(3,689
)
Weighted average number of common shares outstanding used in computation of basic loss per common share
 
16,558

 
16,395

 
16,531

 
13,314

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options
 
—

 
1

 
—

 
—

Weighted average number of common shares outstanding plus effect of dilutive securities – used in computation of diluted loss per share
 
16,558

 
16,396

 
16,531

 
13,314

Net (loss)/income per common share:
 
 
 
 
 
 
 
 
Basic
 
$
(0.34
)
 
$
0.05

 
$
(0.46
)
 
$
(0.28
)
Diluted
 
$
(0.34
)
 
$
0.05

 
$
(0.46
)
 
$
(0.28
)