Earnings Per Share

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share

10. 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 and share amounts):

	Three Months Ended March 31,
	2022			2021
Net income (loss)	$	(2,870	)	$	(4,636	)
Weighted average common shares, basic and diluted *		9,707,817			9,681,728
Earnings (loss) per common share, basic and diluted	$	(0.30	)	$	(0.48	)

* The non-vested shares of the restricted stock units and stock options were anti-dilutive as of March 31, 2022 and 2021.  Therefore, the basic and diluted weighted average common shares are equal for the three months ended March 31, 2022 and 2021.