Note 14 - Earnings Per Share

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

(

1

4

) 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 period ended

March 31, 2019

and

2018.

	Three Months Ended
	March 31
	2019		2018
Numerator
Net Income Available to Common Stockholders	$	2,835	$	3,188
Denominator
Weighted Average Number of Common Shares Outstanding for Basic Earnings Per Common Share		8,440		8,439
Dilutive Effect of Potential Common Stock
Restricted Stock		-		-
Stock Warrants		-		218
Weighted-Average Number of Shares Outstanding for Diluted Earnings Per Common Share		8,440		8,657
Earnings Per Share - Basic	$	0.34	$	0.38
Earnings Per Share - Diluted	$	0.34	$	0.37