Note 15 - Earnings Per Share

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Earnings Per Share [Text Block]

Basic earnings per share ("EPS") is computed by dividing net income applicable to common shareholders by the weighted average number of common shares outstanding during each period. The diluted earnings per share computation includes common share equivalents, when dilutive.

A reconciliation of the shares used in the basic and diluted income per common share computation for the years ended December 31, as follows:

	Twelve Months Ended
	December 31,
(shares in thousands)	2022		2021		2020
Basic - weighted average shares outstanding		7,317		7,283		7,304
Dilutive stock options		52		126		33
Diluted - weighted average shares outstanding		7,369		7,409		7,337
Anti-dilutive securities		162		25		149