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Note 8 - Earnings Per Share (Tables)
9 Months Ended
Sep. 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 September 30,

  

Nine months ended September 30,

 
  

2022

  

2021

  

2022

  

2021

 

Basic earnings per common share:

                

Net income as reported

 $4,556  $3,538  $11,122  $11,652 

Weighted average common shares outstanding

  4,242,568   3,479,139   4,153,733   3,476,406 

Basic earnings per common share

 $1.07  $1.02  $2.68  $3.35 
                 

Diluted earnings per common share:

                

Net income as reported

 $4,556  $3,538  $11,122  $11,652 

Weighted average common shares outstanding

  4,242,568   3,479,139   4,153,733   3,476,406 

Add: Dilutive effect of unvested restricted stock awards

  18,028   -   16,804   - 

Weighted average common and dilutive potential common shares outstanding

  4,260,596   3,479,139   4,170,537   3,476,406 

Diluted earnings per common share

 $1.07  $1.02  $2.67  $3.35