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Net Loss Per Common Share Attributable to Capitol Bancorp Limited
9 Months Ended
Sep. 30, 2012
Net Loss Per Common Share Attributable to Capitol Bancorp Limited [Abstract]  
Net Loss Per Common Share Attributable to Capitol Bancorp Limited
Note H – Net Loss Per Common Share Attributable to Capitol Bancorp Limited

Computations of net loss per common share were based on the following (in 1,000s) for the periods ended September 30:

 
 
Three Month Period
  
Nine Month Period
 
 
 
2012
  
2011
  
2012
  
2011
 
 
 
  
  
  
 
Numerator—net loss attributable to Capitol
Bancorp Limited for the period
 
$
 
(5,673
 
)
 
 
$
 
(22,762
 
)
 
 
$
 
(23,924
 
)
 
 
$
 
(38,911
 
)
 
                
Denominator:
                
Weighted average number of common shares
outstanding, excluding unvested restricted shares
of common stock (denominator for basic and
diluted net loss)
  
 
 
 
41,070
   
 
 
 
41,018
   
 
 
 
41,037
   
 
 
 
38,075
 
 
                
Number of antidilutive stock options excluded from
diluted net loss per share computation
  
 
1,445
   
 
1,573
   
 
1,445
   
 
1,573
 
 
                
Number of antidilutive unvested restricted shares
excluded from basic and diluted net loss per
share computation
  
 
 
9
   
 
 
26
   
 
 
9
   
 
 
26
 
 
                
Number of antidilutive warrants excluded from
diluted net loss per share computation
  
 
1,250
   
 
1,326
   
 
1,250
   
 
1,326
 
 
                
Net income (loss) per common share attributable to
Capitol Bancorp Limited:
                
From continuing operations
 
$
(0.14
)
 
$
(0.53
)
 
$
(0.59
)
 
$
(1.08
)
From discontinued operations
      
(0.02
)
  
0.01
   
0.06
 
 
                
Total net loss per common share attributable
to Capitol Bancorp Limited
 
 
$
 
(0.14
 
)
 
 
$
 
(0.55
 
)
 
 
$
 
(0.58
 
)
 
 
$
 
(1.02
 
)