Note 13 - Earnings Per Share

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

(13) Earnings Per Share

Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted earnings per share reflects the potential dilution of restricted stock and common stock warrants. Net income available to common stockholders represents net income after preferred stock dividends. The following table presents earnings per share for the three month and nine month period ended September 30, 2015 and 2014:

	Three Months Ended				Nine Months Ended
	September 30				September 30
	2015		2014		2015		2014
Numerator
Net Income Available to Common Stockholders	$	1,606	$	1,384	$	4,414	$	3,533
Denominator
Weighted Average Number of Common Shares
Outstanding for Basic Earnings Per Common Share		8,439		8,439		8,439		8,439
Dilutive Effect of Potential Common Stock
Restricted Stock		-		-		-		-
Stock Warrants		27		-		10		-
Weighted-Average Number of Shares Outstanding for
Diluted Earnings Per Common Share		8,466		8,439		8,449		8,439
Earnings Per Share - Basic	$	0.19	$	0.16	$	0.52	$	0.42
Earnings Per Share - Diluted	$	0.19	$	0.16	$	0.52	$	0.42