Three Months Ended June 30,

Six Months Ended June 30,

2021

2020

2021

2020

Numerator for basic and diluted earnings per common share:

Net income for the period

$

1,807

$

157

$

3,956

$

2,991

Denominator for basic and diluted earnings per common share:

Basic weighted average number of common shares outstanding

10,633,601

10,567,382

10,625,748

10,589,806

Effect of outstanding stock options

164,320

86,145

168,775

94,498

Diluted weighted average number of shares outstanding

10,797,921

10,653,527

10,794,523

10,684,304

Basic earnings per common share

$

0.17

$

0.01

$

0.37

$

0.28

Diluted earnings per common share

$

0.17

$

0.01

$

0.37

$

0.28