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

6 Months Ended

Jun. 30, 2021

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,
	2021		2020		2021		2020
Net income (numerator)	$	1,671,000	$	6,220,000	$	5,390,000	$	11,561,000
Shares (denominator):
Basic weighted average common shares outstanding		13,246,676		13,351,675		13,294,571		13,351,674
Add: dilutive effect of common stock options		264,821		300,320		326,530		461,420
Diluted weighted average common shares outstanding		13,511,497		13,651,995		13,621,101		13,813,094
Earnings per common share:
Basic	$	0.13	$	0.47	$	0.41	$	0.87
Diluted	$	0.12	$	0.46	$	0.40	$	0.84