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Note 15 - Earnings Per Share | 12 Months Ended
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Dec. 31, 2021
Notes to Financial Statements |
Earnings Per Share [Text Block] | Note 15 - Earnings Per Share
(Dollars in thousands, except share data) |  |  |  |  |  |  |  |  |  |  |  |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Basic |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 22,042 |  |  | $ | 15,613 |  |  | $ | 7,171 |
Weighted average common shares outstanding |  |  | 7,685,459 |  |  |  | 7,521,771 |  |  |  | 4,528,786 |
Basic earnings per common shares |  | $ | 2.87 |  |  | $ | 2.08 |  |  | $ | 1.58 |
Diluted |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 22,042 |  |  | $ | 15,613 |  |  | $ | 7,171 |
Weighted average common shares outstanding |  |  | 7,685,459 |  |  |  | 7,521,771 |  |  |  | 4,528,786 |
Plus dilutive stock options and restricted stock units |  |  | 17,255 |  |  |  | 9,846 |  |  |  | 10,489 |
Weighted average common shares outstanding and potentially dilutive shares |  |  | 7,702,714 |  |  |  | 7,531,617 |  |  |  | 4,539,275 |
Diluted earnings per common share |  | $ | 2.86 |  |  | $ | 2.07 |  |  | $ | 1.58 |
Stock options considered anti-dilutive to earnings per share were 15,000, 0, and 0 as of December 31, 2021, December 31, 2020, and December 31, 2019, respectively. This calculation is based on the average stock price during the year.

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