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Earnings (Loss) Per Common Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings (Loss) Per Share of Common Stock  
Schedule of basic and diluted earnings (loss) per share of common stock

 

                                                                                                                                                                                    

 

 

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

)

​  

​  

​  

​  

​  

​  

​  

​  

​