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Note 6 - Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

		Three Months Ended
		September 30,
(in thousands)		2024				2023
BASIC EARNINGS PER SHARE

Net income		$	7,324			$	7,354
Weighted average shares outstanding			8,221				8,197
Net income per common share		$	0.89			$	0.90

DILUTED EARNINGS PER SHARE

Net income		$	7,324			$	7,354
Weighted average shares outstanding			8,221				8,197
Effect of dilutive non-vested restricted shares			43				35
Weighted average shares of common stock and common stock equivalents			8,264				8,232
Net income per diluted common share		$	0.89			$	0.89

		Nine Months Ended
		September 30,
(in thousands)		2024				2023
BASIC EARNINGS PER SHARE

Net income		$	18,940			$	24,983
Weighted average shares outstanding			8,217				8,192
Net income per common share		$	2.30			$	3.05

DILUTED EARNINGS PER SHARE

Net income		$	18,940			$	24,983
Weighted average shares outstanding			8,217				8,192
Effect of dilutive non-vested restricted shares			35				37
Weighted average shares of common stock and common stock equivalents			8,252				8,229
Net income per diluted common share		$	2.30			$	3.04