Note 12 - Earnings Per Share

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

Note 12. Earnings per Share

The following table presents the calculation of basic and diluted earnings per common share for the periods indicated: 

	Three Months Ended
	March 31,
	2023		2022
(Amounts in thousands, except share and per share data)
Net income	$	11,782	$	9,515
Weighted average common shares outstanding, basic		16,228,297		16,817,284
Dilutive effect of potential common shares
Stock options		16,405		17,814
Unvested stock awards		44,787		29,417
Total dilutive effect of potential common shares		61,192		47,231
Weighted average common shares outstanding, diluted		16,289,489		16,864,515
Basic earnings per common share	$	0.73	$	0.57
Diluted earnings per common share		0.72		0.56
Antidilutive potential common shares
Stock options		131,198		131,198
Total potential antidilutive shares		131,198		131,198