v3.26.1
Note 11 - Earnings Per Share
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

(11) Earnings Per Share

 

Basic earnings per share are computed by dividing earnings available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflect per share amounts that would have resulted if dilutive potential common stock had been converted to common stock in gain periods. The following reconciles amounts reported in the financial statements:

 

   

Six Months Ended June 30,

 
   

2026

   

2025

 
   

Net
Income
(In
thousands)

   

Weighted
Average
Number of
Shares
Outstanding

   

Per
Share
Amount

   

Net
Income
(In
thousands)

   

Weighted
Average
Number of
Shares
Outstanding

   

Per
Share
Amount

 

Basic

  $ 10,868       1,616,697     $ 6.72     $ 12,362       1,677,096     $ 7.37  

Effect of dilutive securities:

                                               

Options

          763,459                     763,209          
                                                 

Diluted

  $ 10,868       2,380,156     $ 4.57     $ 12,362       2,440,305     $ 5.07  

 

   

Three Months Ended June 30,

 
   

2026

   

2025

 
   

Net
Income
(In
thousands)

   

Weighted
Average
Number of
Shares
Outstanding

   

Per
Share
Amount

   

Net
Income
(In
thousands)

   

Weighted
Average
Number of
Shares
Outstanding

   

Per
Share
Amount

 

Basic

  $ 6,529       1,608,831     $ 4.06     $ 3,228       1,661,916     $ 1.94  

Effect of dilutive securities:

                                               

Options

          763,637                     762,807          
                                                 

Diluted

  $ 6,529       2,372,468     $ 2.75     $ 3,228       2,424,723     $ 1.33