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Note 13 - Earnings Per Share
 6 Months Ended
Jun. 30, 2017
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
six
month period ended
June 30, 2017
and
2016.
 
 
 
Three Months Ended
 
 
Six Months Ended
 
 
 
June 30
 
 
June 30
 
 
 
2017
 
  
2016
  
 
2017
 
  
2016
  
                                 
Numerator
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income Available to Common Stockholders
 
$
2,433
 
   $
1,761
 
 
$
4,339
 
   $
3,417
 
                                 
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
 
 
191
 
    
59
 
 
 
193
 
    
52
 
Weighted-Average Number of Shares Outstanding for
Diluted Earnings Per Common Share
 
 
8,630
 
    
8,498
 
 
 
8,632
 
    
8,491
 
                                 
Earnings Per Share - Basic
 
$
0.29
 
   $
0.21
 
 
$
0.51
 
   $
0.40
 
                                 
Earnings Per Share - Diluted
 
$
0.28
 
   $
0.21
 
 
$
0.50
 
   $
0.40