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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Components of Earnings per Common Share
Following is a summary of the information used in the computation of earnings per common share (in thousands):
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
Net earnings available to common shareholders
 
$
856

 
$
1,587

 
$
(3,689
)
 
$
5,191

Dividends on Series C preferred stock
 
—

 
—

 
—

 
—

Adjusted net earnings available to common shareholders
 
$
856

 
$
1,587

 
$
(3,689
)
 
$
5,191

Weighted average number of common shares outstanding used in computation of basic earnings per common share
 
16,395

 
11,262

 
13,314

 
11,260

Effect of dilutive securities:
 
 

 
 
 
 
 
 
Stock options
 
1

 
1

 
4

 
—

Weighted average number of common shares outstanding plus effect of dilutive securities – used in computation of diluted earnings per share
 
16,396

 
11,263

 
13,318

 
11,260

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
Following is a summary of the securities that were excluded from the computation of diluted earnings per share because the effects of the shares were anti-dilutive (in thousands):

 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
Stock options
 
236

 
304

 
84

 
309

Restricted stock
 
—

 
11

 
—

 
11

Shares subject to the outstanding warrant issued in connection with the CPP transaction
 
104

 
104

 
104

 
104

Convertible preferred stock
 
500

 
507

 
500

 
507