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Note 14 - Earnings per Common Share | 12 Months Ended
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Dec. 31, 2019
Notes to Financial Statements |
Earnings Per Share [Text Block] | Note 1 4 – Earnings per Common Share Earnings per common share is computed by dividing net income by the weighted-average number of common shares outstanding. A reconciliation of the numerators and denominators of the basic earnings per common share and diluted earnings per common share computations for 2019 and 2018 is presented below.
|  | 2019 |  |  | 2018 |
Basic earnings per common share: |  |  |  |  |  |  |  |
Net income as reported |  | $ | 12,097 |  |  | $ | 9,337 |
Weighted average common shares outstanding |  |  | 3,425,056 |  |  |  | 2,949,212 |
Basic earnings per common share |  | $ | 3.53 |  |  | $ | 3.17 |
Diluted earnings per common share: |  |  |  |  |  |  |  |
Net income as reported |  | $ | 12,097 |  |  | $ | 9,337 |
Weighted average common shares outstanding |  |  | 3,425,056 |  |  |  | 2,949,212 |
Weighted average common and dilutive potential common shares outstanding |  |  | 3,425,056 |  |  |  | 2,949,212 |
Diluted earnings per common share |  | $ | 3.53 |  |  | $ | 3.17 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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