Net Income (Loss) Per Common Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income (Loss) Per Common Share

The computation of basic and diluted net income (loss) per common share for the years ended December 31, 2019, 2018 and 2017 is as follows:

For the years ended December 31,	2019		2018		2017
(dollars in thousands, except per share amounts)
Numerator:
Net income	$	4,275	$	10,662	$	7,610
Denominator:
Weighted average number of shares of common stock outstanding		8,778,753		8,132,632		7,225,697
Weighted average effect of dilutive share-based compensation		94,966		215,060		149,108
Diluted weighted average number of shares of common stock outstanding		8,873,719		8,347,692		7,374,805
Net income per common share:
Basic earnings per share	$	0.49	$	1.31	$	1.05
Diluted earnings per share	$	0.48	$	1.28	$	1.03