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Note 6 - Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

THREE MONTHS ENDED

 

(In thousands)

 

JUNE 30,

 
   

2024

   

2023

 

BASIC EARNINGS PER SHARE

               
                 

Net income

  $ 5,889     $ 8,404  

Weighted average shares outstanding

    8,220       8,195  

Net income per common share

  $ 0.72     $ 1.03  
                 

DILUTED EARNINGS PER SHARE

               
                 

Net income

  $ 5,889     $ 8,404  

Weighted average shares outstanding

    8,220       8,195  

Effect of dilutive non-vested restricted shares

    28       32  

Weighted average shares of common stock and common stock equivalents

    8,248       8,227  

Net income per diluted common share

  $ 0.71     $ 1.02  
   

SIX MONTHS ENDED

 

(In thousands)

 

JUNE 30,

 
   

2024

   

2023

 

BASIC EARNINGS PER SHARE

               
                 

Net income

  $ 11,616     $ 17,629  

Weighted average shares outstanding

    8,215       8,189  

Net income per common share

  $ 1.41     $ 2.15  
                 

DILUTED EARNINGS PER SHARE

               
                 

Net income

  $ 11,616     $ 17,629  

Weighted average shares outstanding

    8,215       8,189  

Effect of dilutive non-vested restricted shares

    32       38  

Weighted average shares of common stock and common stock equivalents

    8,247       8,227  

Net income per diluted common share

  $ 1.41     $ 2.14