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Note 6 - Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2017

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

(Net income in thousands)		Three Months Ended September 30,								Nine Months Ended September 30,
		2017				2016				2017				2016
Basic earnings per share:
Net income attributable to Common shareholders		$	1,013				814				3,547				885
Divided by:
Weighted average shares outstanding			3,894,237				3,958,718				3,893,702				3,957,343
Basic earnings per common share		$	0.26				0.21				0.91				0.22
Diluted earnings per share:
Net income attributable to Common shareholders		$	1,013				814				3,547				885
Weighted average shares outstanding			3,894,237				3,958,718				3,893,702				3,957,343
Effect of potentially dilutive restricted common shares			9,193				-				4,854				-
Divided by:
Weighted average diluted shares outstanding			3,903,430				3,958,718				3,898,556				3,957,343
Diluted earnings per common share		$	0.26				0.21				0.91				0.22

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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X

- References

No definition available.

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