Note J - Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three Months Ended June 30,
In thousands, except per share amounts	2022			2021
Numerator:
Net income	$	4,461		$	10,569
Less: Preferred stock dividends		124			124
Less: Earnings attributable to participating securities		542			1,361
Numerator for basic EPS: income attributable to common stockholders		3,795		$	9,084
Effect of dilutive securities:
Add back: Allocation of earnings to participating securities		542			1,361
Less: Re-allocation of earnings to participating securities considering potentially dilutive securities		(518	)		(1,277	)
Numerator for diluted EPS		3,819			9,168
Denominator:
Basic EPS denominator: weighted-average common shares outstanding		7,017			6,686
Diluted EPS denominator		7,388			7,193
Basic income per Common Share	$	0.54		$	1.36
Diluted income per Common Share	$	0.52		$	1.27

	Six Months Ended June 30,
In thousands, except per share amounts	2022			2021
Numerator:
Net Income	$	7,806		$	8,811
Less: Preferred stock dividend		246			246
Less: Earnings attributable to common stockholders		946			1,118
Numerator for basic EPS: income attributable to common stockholders		6,614			7,447
Effect of dilutive securities:
Add back: Allocation of earnings to participating securities		946			1,118
Less: Re-allocation of earnings to participating securities considering potentially dilutive securities		(908	)		(1,055	)
Numerator for diluted EPS	$	6,652		$	7,510
Denominator:
Basic EPS denominator: weighted-average common shares outstanding		7,004			6,669
Diluted EPS denominator		7,338			7,131
Basic income per Common Share	$	0.94		$	1.12
Diluted income per Common Share	$	0.91		$	1.05