v3.26.1
Note 8 - Basic and Diluted Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

For the Three Months Ended

   

For the Six Months Ended

 
    June 30,    

June 30,

 
   

2026

   

2025

   

2026

   

2025

 

Net income (numerator)

  $ 1,826,000     $ 1,244,000     $ 2,528,000     $ 1,857,000  
                                 

Shares (denominator):

                               

Basic weighted average common shares outstanding

    10,120,766       10,501,865       10,126,136       10,407,287  

Add: dilutive effect of common stock options

    226,879       109,187       213,250       110,365  
                                 

Diluted weighted average common shares outstanding

    10,347,645       10,611,052       10,339,386       10,517,652  
                                 

Earnings per common share:

                               

Basic

  $ 0.18     $ 0.12     $ 0.25     $ 0.18  
                                 

Diluted

  $ 0.18     $ 0.12     $ 0.24     $ 0.18