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Note 9 - Basic and Diluted Earnings Per Common Share - Summary of Basic and Diluted Earnings Per Common Share (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net income for the period $ 5,241,484 $ 4,070,786 $ 7,687,975 $ 8,509,024
Basic weighted average number of common shares outstanding (in shares) 10,528,219 10,541,659 10,501,407 10,607,843
Effect of outstanding stock options (in shares) 264,812 192,201 284,278 189,615
Diluted weighted average number of shares outstanding (in shares) 10,793,031 10,733,860 10,785,685 10,797,458
Basic earnings per common share (in dollars per share) $ 0.50 $ 0.39 $ 0.73 $ 0.80
Diluted earnings per common share (in dollars per share) $ 0.49 $ 0.38 $ 0.71 $ 0.79