XML 29 R19.htm IDEA: XBRL DOCUMENT v3.5.0.2
Note 13 - Earnings Per Share
 9 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
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, 2016 and 2015:
 
 
 
Three Months Ended
 
 
Nine Months Ended
 
 
 
September 30
 
 
September 30
 
 
 
2016
 
  
2015
  
 
2016
 
  
2015
  
                                 
Numerator
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income Available to Common Stockholders
 
$
1,880
 
   $ 1,606  
 
$
5,297
 
   $ 4,414  
                                 
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
 
 
67
 
     27  
 
 
57
 
     10  
Weighted-Average Number of Shares Outstanding for
Diluted Earnings Per Common Share
 
 
8,506
 
     8,466  
 
 
8,496
 
     8,449  
                                 
Earnings Per Share - Basic
 
$
0.22
 
   $ 0.19  
 
$
0.63
 
   $ 0.52  
                                 
Earnings Per Share - Diluted
 
$
0.22
 
   $ 0.19  
 
$
0.62
 
   $ 0.52