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Note 8 - Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

(dollars in thousands except per share data)

 

Three months ended June 30,

  

Six months ended June 30,

 
  

2022

  

2021

  

2022

  

2021

 

Basic earnings per common share:

                

Net income as reported

 $4,431  $3,571  $6,566  $8,114 

Weighted average common shares outstanding

  4,242,559   3,478,392   4,108,579   3,475,017 

Basic earnings per common share

 $1.04  $1.03  $1.60  $2.33 
                 

Diluted earnings per common share:

                

Net income as reported

 $4,431  $3,571  $6,566  $8,114 

Weighted average common shares outstanding

  4,242,559   3,478,392   4,108,579   3,475,017 

Add: Dilutive effect of unvested restricted stock awards

  15,944   -   16,316   - 

Weighted average common and dilutive potential common shares outstanding

  4,258,503   3,478,392   4,124,895   3,475,017 

Diluted earnings per common share

 $1.04  $1.03  $1.59  $2.33