Earnings Per Share

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Earnings Per Share

11. Earnings Per Share

Basic and diluted earnings (loss) per share are computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period.  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 June 30,				Six months ended June 30,
	2021		2020		2021		2020
Net income (loss)	$	5,552	$	1,505	$	916	$	(3,220	)
Weighted average common shares, basic and diluted *		9,686,631		9,595,668		9,684,193		9,594,221
Earnings (loss) per common share, basic and diluted	$	0.57	$	0.16	$	0.09	$	(0.34	)

* The non-vested shares of the restricted stock units and stock options were anti-dilutive as of June 30, 2021 and 2020.  Therefore, the basic and diluted weighted average common shares are equal for the three and six months ended June 30, 2021 and 2020.