XML 24 R15.htm IDEA: XBRL DOCUMENT v3.22.1
Note 8 - Earnings Per Share
 3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 8 - Earnings per 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 and diluted earnings per common share computations for the three months ended March 31, 2022, and 2021 are as follows:

 

(dollars in thousands except per share data)

 

Period ended March 31,

 
  

2022

  

2021

 

Basic earnings per common share:

        

Net income as reported

 $2,135  $4,543 

Weighted average common shares outstanding

  4,020,815   3,471,604 

Basic earnings per common share

 $0.53  $1.31 
         

Diluted earnings per common share:

        

Net income as reported

 $2,135  $4,543 

Weighted average common shares outstanding

  4,020,815   3,471,604 

Weighted average common and dilutive potential common shares outstanding

  4,020,815   3,471,604 

Diluted earnings per common share

 $0.53  $1.31