Note 15 - Earnings Per Share

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

15. Earnings Per Share

Basic earnings per share is computed by dividing net income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by dividing income available to common shareholders by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if the potentially dilutive securities had been issued.

For the

three

-month periods ended

September 30, 2019

and

September 30, 2018,

the Company’s basic and diluted earnings amounted to $

0.23

and

$0.29

per share, respectively. For the

nine

-month periods ended

September 30, 2019

and

September 30, 2018,

the Company’s basic and diluted earnings amounted to

$0.73

and

$0.82

per share, respectively.