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

9 Months Ended

Sep. 30, 2021

Notes Tables

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

	For the Three Months Ended				For the Nine Months Ended
	Septermber 30,				Septermber 30,
	2021		2020		2021		2020
Net income (numerator)	$	766,000	$	8,107,000	$	6,156,000	$	19,668,000
Shares (denominator):
Basic weighted average common shares outstanding		13,177,520		13,588,554		13,255,125		13,431,210
Add: dilutive effect of common stock options		241,965		444,473		300,800		546,354
Diluted weighted average common shares outstanding		13,419,485		14,033,027		13,555,925		13,977,564
Earnings per common share:
Basic	$	0.06	$	0.60	$	0.46	$	1.46
Diluted	$	0.06	$	0.58	$	0.45	$	1.41