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

6 Months Ended

Jun. 30, 2022

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,
	2022		2021		2022		2021
Net income (numerator)	$	693,000	$	1,671,000	$	2,215,000	$	5,390,000
Shares (denominator):
Basic weighted average common shares outstanding		12,834,332		13,246,676		12,945,981		13,294,571
Add: dilutive effect of common stock options		73,891		264,821		86,332		326,530
Diluted weighted average common shares outstanding		12,908,223		13,511,497		13,032,313		13,621,101
Earnings per common share:
Basic	$	0.05	$	0.13	$	0.17	$	0.41
Diluted	$	0.05	$	0.12	$	0.17	$	0.40