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Earnings Per Common Share | 12 Months Ended
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Dec. 31, 2016
Earnings Per Common Share |
Earnings Per Common Share | Note 16 – Earnings Per Common Share The factors used in the earnings per common share computation follow:
|  | 2016 |  | 2015 |
|  | (Dollars in thousands, except share and per share) |
Net income |  | $ | 3,480 |  | $ | 9,072 |
Less net income attributable to participating securities |  |  | (3 | ) |  | - |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income available to common stockholders |  | $ | 3,477 |  | $ | 9,072 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average common shares outstanding for basic earnings per common share |  |  | 28,999,327 |  |  | 29,076,708 |
Add: dilutive effects of assumed exercises of stock options |  |  | - |  |  | - |
Add: dilutive effects of unvested restricted stock awards |  |  | 99,173 |  |  | - |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average common shares outstanding for diluted earnings per common share |  |  | 29,098,500 |  |  | 29,076,708 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per common share – basic |  | $ | 0.12 |  | $ | 0.31 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per common share – diluted |  | $ | 0.12 |  | $ | 0.31 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Stock options for 540,625 shares and 90,625 shares of common stock for the years ended December 31, 2016 and 2015, respectively, were not considered in computing diluted earnings per common share because they were anti-dilutive.

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