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Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Basic Earnings (Loss) Per Share

 

(Dollars in thousands, except per share data)

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2018

 

 

 

2017

 

 

2018

 

 

 

2017

 

Net income

$

2,164

 

 

$

2,249

 

 

$

$

5,947

 

 

$

6,588

 

Less: Dividends on Series D preferred stock

 

38

 

 

 

-

 

 

 

 

38

 

 

 

-

 

Net income available to common shareholders

$

2,126

 

 

$

2,249

 

 

 

$

5,909

 

 

$

6,588

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

7,695,469

 

 

 

4,237,965

 

 

 

 

6,604,027

 

 

 

4,236,604

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted earnings per common share

$

0.28

 

 

$

0.53

 

 

$

$

0.89

 

 

$

1.56