Note 6 - Net Income Per Common Share

3 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Earnings Per Share [Text Block]

6

.

Net

Income Per Common Share

Basic net income per common share is determined by dividing net income by the weighted average total number of common shares issued and outstanding. There were

no

dilutive instruments at

March 31, 2018

and

2017.

Net income per common share computations were as follows for the periods indicated:

	Three Months Ended March 31,
(In thousands, except per share data)	2018		2017
Net income, basic and diluted	$	5,641	$	3,329
Average common shares issued and outstanding, basic and diluted		7,518		7,510
Net income per common share, basic and diluted	$	.75	$	.44