Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The following table presents the calculation of basic and diluted earnings (loss) per common share, as follows (dollars in thousands, except per share amounts):

	Three Months Ended March 31,
	2018		2017
Net income (loss)	$	213	$	(1,798	)
Weighted average common shares, basic and diluted*	8,520,328		7,633,069
Earnings (loss) per common share, basic and diluted	$	0.02	$	(0.24	)

* The 304,000 and 413,000 nonvested shares of the restricted stock units were anti-dilutive as of March 31, 2018 and 2017, respectively. Therefore, the basic and diluted weighted average common shares are equal for the three months ended March 31, 2018 and 2017, respectively.