Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Details of Basic and Diluted Earnings Per Share

The following table sets forth the details of basic and diluted earnings per share:

	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2020		2019			2020		2019
	(unaudited, in thousands, except per share amounts)					(unaudited, in thousands, except per share amounts)
Numerator:
Net income	$	1,379	$	3,436		$	3,424	$	3,484
Dividends paid to preferred stockholders		—		(34	)		—		(67	)
Net income available to    common stockholders	$	1,379	$	3,402		$	3,424	$	3,417
Denominator:
Weighted average shares outstanding –    basic		41,127		32,068			40,305		31,685
Potential common shares – options /    warrants (treasury stock method)		1,952		3,240			2,041		1,680
Weighted average shares outstanding –    diluted		43,079		35,308			42,346		33,365
Shares excluded (anti-dilutive)		98		125			98		125
Net earnings per common share:
Basic	$	0.03	$	0.11		$	0.08	$	0.11
Diluted	$	0.03	$	0.10		$	0.08	$	0.10