Three Months Ended September 30,

Nine Months Ended September 30,

2021

2020

2021

2020

Numerator for basic and diluted earnings per common share:

Net income for the period

$

1,375

$

716

$

5,331

$

3,707

Denominator for basic and diluted earnings per common share:

Basic weighted average number of common shares outstanding

10,679,309

10,577,731

10,643,798

10,585,785

Effect of outstanding stock options

140,407

105,077

156,563

93,377

Diluted weighted average number of shares outstanding

10,819,716

10,682,808

10,800,361

10,679,162

Basic earnings per common share

$

0.13

$

0.07

$

0.50

$

0.35

Diluted earnings per common share

$

0.13

$

0.07

$

0.49

$

0.35