Note 9 - Basic and Diluted Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2019

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
	2019		2018		2018		2018
Net income (numerator)	$	1,010,000	$	959,000	$	2,228,000	$	1,467,000
Shares (denominator):
Basic weighted average common shares outstanding		13,184,321		14,086,277		13,287,583		14,151,734
Add: dilutive effect of common stock options		23,817		41,657		58,563		67,329
Diluted weighted average common shares outstanding		13,208,138		14,127,934		13,346,146		14,219,063
Earnings per common share:
Basic	$	0.08	$	0.07	$	0.17	$	0.10
Diluted	$	0.08	$	0.07	$	0.17	$	0.10