Three months ended June 30,

Six months ended June 30,

2016

2015

2016

2015

Numerator:

Net income

$

955

$

1,515

$

2,323

$

2,787

Denominator:

Basic weighted average shares outstanding

9,112,613

9,119,907

9,154,568

9,110,062

Dilutive common stock equivalents using treasury stock method

249,424

483,775

357,991

450,852

Diluted weighted average shares outstanding

9,362,037

9,603,682

9,512,559

9,560,914

Basic earnings per common share

$

0.10

$

0.17

$

0.25

$

0.31

Diluted earnings per common share

$

0.10

$

0.16

$

0.24

$

0.29

Weighted average options outstanding

869,471

1,037,978

935,021

1,037,560

Anti-dilutive options not included in the computations

277,195

74,209

277,195

171,459