v3.25.2
Note 6 - Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

Three-Months Ended

 
   

June 30,

 

(in thousands)

 

2025

   

2024

 

BASIC EARNINGS PER SHARE

               
                 

Net income

  $ 5,588     $ 5,889  

Weighted average shares outstanding

    8,245       8,220  

Net income per common share

  $ 0.68     $ 0.72  
                 

DILUTED EARNINGS PER SHARE

               
                 

Net income

  $ 5,588     $ 5,889  

Weighted average shares outstanding

    8,245       8,220  

Effect of dilutive non-vested restricted shares

    40       28  

Weighted average shares of common stock and common stock equivalents

    8,285       8,248  

Net income per diluted common share

  $ 0.67     $ 0.71  
   

Six-Months Ended

 
   

June 30,

 

(in thousands)

 

2025

   

2024

 

BASIC EARNINGS PER SHARE

               
                 

Net income

  $ 10,885     $ 11,616  

Weighted average shares outstanding

    8,239       8,215  

Net income per common share

  $ 1.32     $ 1.41  
                 

DILUTED EARNINGS PER SHARE

               
                 

Net income

  $ 10,885     $ 11,616  

Weighted average shares outstanding

    8,239       8,215  

Effect of dilutive non-vested restricted shares

    43       32  

Weighted average shares of common stock and common stock equivalents

    8,282       8,247  

Net income per diluted common share

  $ 1.31     $ 1.41