Central Federal Bancshares, Inc Just Filed Its Quarterly Report: NOTE 2 LOSS PER SH...

NOTE 2 LOSS PER SHARE

 

    Three Months 
Ended March 31,
2017
    Three Months
Ended March 31,
2016
 
    (Unaudited)     (Unaudited)  
Basic and Diluted Loss per Share:                
                 
Net Loss   $ (16,000 )   $ (785,000 )
Less: Dividends Paid on Common Stock     -       -  
Undistributed Loss   $ (16,000 )   $ (785,000 )
                 
Weighted-Average Basic and Diluted Shares Outstanding     1,652,915       1,428,679  
                 
Distributed Loss per Share   $ -     $ -  
Undistributed Loss per Share     (0.01 )     (0.55 )
Net Loss per Share   $ (0.01 )   $ (0.55 )

 

Loss per share is based upon the weighted-average shares outstanding. The shares outstanding were issued on January 12, 2016. Any shares in the ESOP that have been committed-to-be-allocated are considered outstanding.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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