Note 8 - Basic and Diluted Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2022

Notes Tables

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

	For the Three Months Ended
	March 31,
	2022		2021
Net income (numerator)	$	1,522,000	$	3,719,000
Shares (denominator):
Basic weighted average common shares outstanding		13,058,871		13,342,398
Add: dilutive effect of common stock options		100,619		375,006
Diluted weighted average common shares outstanding		13,159,490		13,717,404
Earnings per common share:
Basic	$	0.12	$	0.28
Diluted	$	0.12	$	0.27