XML 40 R25.htm IDEA: XBRL DOCUMENT v3.4.0.3
Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Common Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Dividends on preferred shares are deducted from net income in the calculation of earnings per common share.
 
 
 
 
Three months ended
March 31,
  
 
2016
 
2015
  
 
(In thousands, except
per share data)
Numerator:
 
 
  
 
 
 
  
 
Net income (loss)
 
$
(1,267
 
$
1,369
 
Preferred stock dividends
 
 
15
 
 
 
53
 
Net income (loss) available to common shareholders
 
$
(1,282
 
$
1,316
 
Denominator:
 
 
  
 
 
 
  
 
Weighted average common shares outstanding (basic)
 
 
18,884
 
 
 
18,851
 
Effect of stock options
 
 
 
 
 
58
 
Weighted average common shares outstanding (diluted)
 
 
18,884
 
 
 
18,909
 
Earnings (loss) per common share:
 
 
  
 
 
 
  
 
Basic
 
$
(0.07
 
$
0.07
 
Diluted
 
 
(0.07
 
 
0.07