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Note 10 - Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

(Net income in thousands)

 

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2022

  

2021

  

2022

  

2021

 

Basis earnings per share:

                

Net income attributable to Common shareholders

 $1,265  $1,022  $2,065  $1,876 

Divided by:

                

Weighted average shares outstanding

  3,957,260   3,946,544   3,956,878   3,945,070 
                 

Basic earnings per common share

 $0.32  $0.26  $0.52  $0.48 
                 

Diluted earnings per share:

                

Net income attributable to Common shareholders

 $1,265  $1,022  $2,065  $1,876 
                 

Weighted average shares outstanding

  3,957,260   3,946,544   3,956,878   3,945,070 
                 

Effect of potentially dilutive restricted common shares

  9,819   11,351   8,395   8,924 
                 

Divided by:

                

Weighted average diluted shares outstanding

  3,967,079   3,957,895   3,965,273   3,953,994 
                 

Diluted earnings per common share

 $0.32  $0.26  $0.52  $0.47