XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Note 5 - Earnings Per Common Share | 9 Months Ended
--- | ---
Sep. 30, 2022
Notes to Financial Statements |
Earnings Per Share [Text Block] | Note 5. Earnings per Common Share Basic earnings per common share represents income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share reflects additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. The following table presents the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2022 and 2021 (dollars in thousands, except per share data):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, 2022 |  |  | September 30, 2021 |  |  | September 30, 2022 |  |  | September 30, 2021 |
(Numerator): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 4,454 |  |  | $ | 2,398 |  |  | $ | 12,018 |  |  | $ | 8,176 |
(Denominator): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding – basic |  |  | 6,257,040 |  |  |  | 6,220,456 |  |  |  | 6,248,847 |  |  |  | 5,322,696 |
Potentially dilutive common shares – restricted stock units |  |  | 7,067 |  |  |  | 9,068 |  |  |  | 6,121 |  |  |  | 7,243 |
Weighted average shares outstanding – diluted |  |  | 6,264,107 |  |  |  | 6,229,524 |  |  |  | 6,254,968 |  |  |  | 5,329,939 |
Income per common share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.71 |  |  | $ | 0.39 |  |  | $ | 1.92 |  |  | $ | 1.54 |
Diluted |  | $ | 0.71 |  |  | $ | 0.38 |  |  | $ | 1.92 |  |  | $ | 1.53 |
Restricted stock units for 603 shares of common stock were not considered in computing diluted earnings per share for the three months and nine months ended September 30, 2022 because they were antidilutive. There were no antidilutive shares of common stock for the three months and nine months ended September 30, 2022

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 https://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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration