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Note 10 - Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2022
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,

 
   

2022

   

2021

   

2022

   

2021

 

Basis earnings per share:

                               

Net income attributable to Common shareholders

  $ 2,326     $ 1,323     $ 4,391     $ 3,199  

Divided by:

                               

Weighted average shares outstanding

    3,957,269       3,947,284       3,957,010       3,945,816  
                                 

Basic earnings per common share

  $ 0.59     $ 0.34     $ 1.11     $ 0.81  
                                 

Diluted earnings per share:

                               

Net income attributable to Common shareholders

  $ 2,326     $ 1,323     $ 4,391     $ 3,199  
                                 

Weighted average shares outstanding

    3,957,269       3,947,284       3,957,010       3,945,816  
                                 

Effect of potentially dilutive restricted common shares

    6,439       1,141       8,588       9,019  
                                 

Divided by:

                               

Weighted average diluted shares outstanding

    3,963,708       3,948,425       3,965,598       3,954,835  
                                 

Diluted earnings per common share

  $ 0.59     $ 0.34     $ 1.11     $ 0.81