Note 6 - Income Per Common Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 6: Income Per Common Share

	For three months ended June 30, 2015						For six months ended June 30, 2015
	Income Available to Common Shareholders		Average Common Shares Outstanding		Per Common Share		Income Available to Common Shareholders		Average Common Shares Outstanding		Per Common Share
Basic Income Per Common Share	$	1,537,949		4,334,288	$	0.35	$	2,867,493		4,324,811	$	0.66
Effect of Dilutive Securities				54,038						56,405
Diluted Income Per Common Share	$	1,537,949		4,388,326	$	0.35	$	2,867,493		4,381,216	$	0.65

	For three months ended June 30, 2014						For six months ended June 30, 2014
	Income Available to Common Shareholders		Average Common Shares Outstanding		Per Common Share		Income Available to Common Shareholders		Average Common Shares Outstanding		Per Common Share
Basic Income Per Common Share	$	1,227,683		4,265,050	$	0.29	$	2,282,899		3,718,791	$	0.61
Effect of Dilutive Securities				72,430						72,988
Diluted Income Per Common Share	$	1,227,683		4,337,480	$	0.28	$	2,282,899		3,791,779	$	0.60

Stock options to purchase 108,500 of common stock were outstanding during the three and six months ended June 30, 2015 and stock options to purchase 136,500 shares of common stock were outstanding during the three and six months ended June 30, 2014 but were not included in the computation of diluted income per common share because their exercise prices were greater than the average market price of the common shares.