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Note 22 - Earnings Per Share
 12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
(
2
2
)
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 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 years ended
December 31,
2017,
2016
and
2015
:
 
   
201
7
    
201
6
    
201
5
  
                         
Numerator
  
 
 
 
  
 
 
 
  
 
 
 
Net Income Available to Common Stockholders
  
$
7,540,378
     $
7,179,900
     $
5,997,687
  
                         
Denominator
  
 
 
 
  
 
 
 
  
 
 
 
Weighted Average Number of Common Shares
Outstanding for Basic Earnings Per Common Share
  
 
8,439,258
      
8,439,258
      
8,439,258
  
Dilutive Effect of Potential Common Stock
                        
Stock Warrants
  
 
194,323
      
74,037
      
19,203
  
Weighted-Average Number of Shares Outstanding for
D
iluted Earnings Per Common Share
 
 
8,633,581
      
8,513,295
      
8,458,461
  
                         
Earnings
Per Share - Basic
  
$
0.89
     $
0.85
     $
0.71
  
                         
Earnings
Per Share - Diluted
  
$
0.87
     $
0.84
     $
0.71