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Note 13 - Earnings Per Share | 3 Months Ended
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Mar. 31, 2016
Notes to Financial Statements |
Earnings Per Share [Text Block] | (13 ) Earnings Per Share Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted earnings per share reflects the potential dilution of restricted stock and common stock warrants. Net income available to common stockholders represents net income after preferred stock dividends. The following table presents earnings per share for the three month period ended March 31, 2016 and 2015:
|  | Three Months Ended |
|  | March 31 |
|  | 2016 |  |  | 2015 |
Numerator |  |  |  |  |  |  |  |
Net Income Available to Common Stockholders |  | $ | 1,656 |  |  | $ | 1,253 |
Denominator |  |  |  |  |  |  |  |
Weighted Average Number of Common Shares Outstanding for Basic Earnings Per Common Share |  |  | 8,439 |  |  |  | 8,439 |
Dilutive Effect of Potential Common Stock |  |  |  |  |  |  |  |
Restricted Stock |  |  | - |  |  |  | - |
Stock Warrants |  |  | 45 |  |  |  | - |
Weighted-Average Number of Shares Outstanding for Diluted Earnings Per Common Share |  |  | 8,484 |  |  |  | 8,439 |
Earnings Per Share - Basic |  | $ | 0.20 |  |  | $ | 0.15 |
Earnings Per Share - Diluted |  | $ | 0.20 |  |  | $ | 0.15 |
For the three months ended March 31, 2015, the Company excluded 500 shares of common stock equivalents because the strike price of the common stock equivalents would cause them to have an anti-dilutive effect.

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