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Earnings (Loss) Per Common Share | 12 Months Ended
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Dec. 31, 2014
Earnings (Loss) Per Share of Common Stock |
Earnings (Loss) Per Share of Common Stock | Note 18—Earnings (Loss) Per Common Share The factors used in the earnings (loss) per common share computation follow:
|  | 2014 |  | 2013 |
|  | (Dollars in thousands, except share and per share) |
Basic |  |  |  |  |  |  |
Net income (loss) |  | $ | 2,529 |  | $ | (301 | )
Less: Preferred stock dividends and accretion |  |  | — |  |  | (779 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income (loss) available to common stockholders |  | $ | 2,529 |  | $ | (1,080 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average common shares outstanding |  |  | 22,103,488 |  |  | 8,511,610 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings (loss) per common share—basic |  | $ | 0.11 |  | $ | (0.13 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted |  |  |  |  |  |  |
Net income (loss) |  | $ | 2,529 |  | $ | (301 | )
Less: Preferred stock dividends and accretion |  |  | — |  |  | (779 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income (loss) available to common stockholders |  | $ | 2,529 |  | $ | (1,080 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average common shares outstanding for basic earnings per common share |  |  | 22,103,488 |  |  | 8,511,610 |
Add: dilutive effects of assumed exercises of stock options |  |  | — |  |  | — |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Average shares and dilutive potential common shares |  |  | 22,103,488 |  |  | 8,511,610 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings (loss) per common share—diluted |  | $ | 0.11 |  | $ | (0.13 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Stock options for 93,750 shares of common stock for the years December 31, 2014 and 2013 were not considered in computing diluted earnings (loss) per common share because they were anti-dilutive.

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