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Note 13 - Earnings Per Share

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

Note 13. Earnings per Share

The following table presents the calculation of basic and diluted earnings per common share for the periods indicated: 

		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2020				2019				2020				2019
(Amounts in thousands, except share and per share data)
Net income		$	8,266			$	9,156			$	24,376			$	29,238
Weighted average common shares outstanding, basic			17,710,283				15,603,992				17,803,369				15,717,678
Dilutive effect of potential common shares
Stock options			16,163				52,360				23,711				55,898
Restricted stock			5,982				8,235				9,883				11,908
Total dilutive effect of potential common shares			22,145				60,595				33,594				67,806
Weighted average common shares outstanding, diluted			17,732,428				15,664,587				17,836,963				15,785,484
Basic earnings per common share		$	0.47			$	0.59			$	1.37			$	1.86
Diluted earnings per common share			0.47				0.58				1.37				1.85
Antidilutive potential common shares
Stock options			78,016				-				61,241				-
Restricted stock			26,012				-				27,874				-
Total potential antidilutive shares			104,028				-				89,115				-

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257

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