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

9 Months Ended

Sep. 30, 2022

Notes Tables

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

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
Net income (numerator)	$	503,000	$	766,000	$	2,718,000	$	6,156,000
Shares (denominator):
Basic weighted average common shares outstanding		12,615,187		13,177,520		12,834,505		13,255,125
Add: dilutive effect of common stock options		73,194		241,965		75,365		300,800
Diluted weighted average common shares outstanding		12,688,381		13,419,485		12,909,870		13,555,925
Earnings per common share:
Basic	$	0.04	$	0.06	$	0.21	$	0.46
Diluted	$	0.04	$	0.06	$	0.21	$	0.45