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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share 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

June 30,

 

 

Six months ended

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net income (loss)

 

$

(8,399

)

 

$

5,552

 

 

$

(11,269

)

 

$

916

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares, basic and diluted *

 

 

9,712,602

 

 

 

9,686,631

 

 

 

9,710,223

 

 

 

9,684,193

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per common share, basic and diluted

 

$

(0.86

)

 

$

0.57

 

 

$

(1.16

)

 

$

0.09

 

 

*

The non-vested shares of the restricted stock units and stock options were anti-dilutive as of June 30, 2022 and 2021.  Therefore, the basic and diluted weighted average common shares are equal for the three months and six months ended June 30, 2022 and 2021.