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

9 Months Ended

Sep. 30, 2019

Notes Tables

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

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
Net income (numerator)	$	437,000	$	1,539,000	$	2,665,000	$	3,007,000
Shares (denominator):
Basic weighted average common shares outstanding		13,056,173		13,795,007		13,209,598		14,031,518
Add: dilutive effect of common stock options		19,519		58,612		28,428		44,515
Diluted weighted average common shares outstanding		13,075,692		13,853,619		13,238,026		14,076,033
Earnings per common share:
Basic	$	0.03	$	0.11	$	0.20	$	0.21
Diluted	$	0.03	$	0.11	$	0.20	$	0.21