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

3 Months Ended

Mar. 31, 2021

Notes Tables

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

	For the Three Months Ended
	March 31,
	2021		2020
Net income (numerator)	$	3,719,000	$	5,342,000
Shares (denominator):
Basic weighted average common shares outstanding		13,342,398		13,121,867
Add: dilutive effect of common stock options		375,006		542,843
Diluted weighted average common shares outstanding		13,717,404		13,664,710
Earnings per common share:
Basic	$	0.28	$	0.41
Diluted	$	0.27	$	0.39