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

6 Months Ended

Jun. 30, 2023

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,
	2023		2022		2023		2022
Net income (numerator)	$	1,146,000	$	693,000	$	1,698,000	$	2,215,000
Shares (denominator):
Basic weighted average common shares outstanding		11,997,443		12,834,332		12,072,571		12,945,981
Add: dilutive effect of common stock options		16,402		73,891		30,848		86,332
Diluted weighted average common shares outstanding		12,013,845		12,908,223		12,103,419		13,032,313
Earnings per common share:
Basic	$	0.10	$	0.05	$	0.14	$	0.17
Diluted	$	0.10	$	0.05	$	0.14	$	0.17