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Note 6 - Share-based Payments (Tables)
12 Months Ended
Dec. 31, 2019
Notes Tables  
Share-based Payment Arrangement, Nonemployee Director Award Plan, Activity [Table Text Block]

Directors’ Restricted Stock Awards

 

2019

   

2018

   

2017

 
   

Shares

   

Weighted

Average

Grant-Date

Fair Value

   

Shares

   

Weighted

Average

Grant-Date

Fair Value

   

Shares

   

Weighted

Average

Grant-Date

Fair Value

 

Nonvested, Beginning of Year

    43,225     $ 37.53       46,800     $ 32.65       46,334     $ 29.71  

Granted

    15,700       49.73       18,200       43.40       17,600       37.75  

Vested

    18,320       36.02       21,775       31.94       17,134       29.93  

Forfeited

    -               -               -          

Nonvested, End of Year

    40,605       42.93       43,225       37.53       46,800       32.65  
Compensation Expense Recognized           $ 776,000             $ 661,000             $ 658,000  
Fair Value of Shares Vested in Year           $ 660,000             $ 696,000             $ 513,000  
Schedule of Share-based Compensation, Restricted Stock Activity [Table Text Block]

Employees’ Restricted Stock Awards

 

2019

   

2018

   

2017

 
   

Shares

   

Weighted

Average

Grant-Date

Fair Value

   

Shares

   

Weighted

Average

Grant-Date

Fair Value

   

Shares

   

Weighted

Average

Grant-Date

Fair Value

 

Nonvested, Beginning of Year

    -       -       2,895     $ 29.41       7,180     $ 29.72  

Granted

    -               -               -          

Vested

    -       -       2,895       29.41       4,285       29.94  

Forfeited

    -               -               -          

Nonvested, End of Year

    -       -       -       -       2,895       29.41  
Compensation Expense Recognized           $ -             $ 16,000             $ 70,000  
Fair Value of Awards Vested           $ -             $ 85,000             $ 128,000  
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]

Employees’ Restricted Stock Unit Awards

 

2019

   

2018

   

2017

 
   

Restricted

Stock

Units

   

Weighted

Average

Grant-Date

Fair Value

   

Restricted

Stock

Units

   

Weighted

Average

Grant-Date

Fair Value

   

Restricted

Stock

Units

   

Weighted

Average

Grant-Date

Fair Value

 

Nonvested, Beginning of Year

    49,470     $ 31.03       46,440     $ 27.07       47,370     $ 25.19  

Granted

    13,270       44.45       14,780       38.99       10,995       33.28  

Vested

    13,250       27.62       8,925       25.23       11,550       25.30  

Forfeited

    1,900       34.57       2,825       25.86       375       26.92  

Nonvested, End of Year

    47,590       35.58       49,470       31.03       46,440       27.07  
Compensation Expense Recognized           $ 427,000             $ 351,000             $ 331,000  
Fair Value of Awards Vested           $ 366,000             $ 225,000             $ 292,000  
Executive Officers and Key Employees [Member]  
Notes Tables  
Schedule of Share-based Compensation, Restricted Stock Activity [Table Text Block]

Dividend Equivalent Restricted Stock Unit Awards

 

2019

   

2018

   

2017

 
   

Shares

   

Weighted

Average

Grant-Date

Fair Value

   

Shares

   

Weighted

Average

Grant-Date

Fair Value

   

Shares

   

Weighted

Average

Grant-Date

Fair Value

 

Nonvested, Beginning of Year

    45,300     $ 35.70       47,750     $ 32.71       41,825     $ 30.23  

Granted

    16,200       49.72       15,200       41.325       15,900       37.65  

Vested

    15,850       34.46       17,650       32.462       9,975       30.16  

Forfeited

    -               -               -          

Nonvested, End of Year

    45,650       41.10       45,300       35.70       47,750       32.71  
Compensation Expense Recognized           $ 1,055,000             $ 769,000             $ 576,000  
Fair Value of Awards Vested           $ 546,000             $ 573,000             $ 301,000  
Stock Performance Awards [Member]  
Notes Tables  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

Performance

Period

   

Maximum

Shares Subject

To Award

   

Target

Shares

   

Expense Recognized

in the Year Ended December 31,

   

Earned

Shares

 
                     

2019

   

2018

   

2017

         
2019-2021       83,400       55,600     $ 2,168,000                          
2018-2020       81,000       54,000       897,000     $ 1,121,000                  
2017-2019       89,250       59,500       524,000       729,000     $ 854,000       69,997  
2016-2018       122,250       81,500       8,000       772,000       580,000       113,298  
2015-2017       126,450       84,300       -       23,000       573,000       114,648  

Total

                    $ 3,597,000     $ 2,645,000     $ 2,007,000       297,943