Note 9 - Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Notes Tables

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Basic:
Net income from continuing operations	$	512,732		$	505,531		$	899,875		$	1,041,324
Net loss from discontinued operations		(852,510	)		(125,970	)		(1,198,445	)		(291,136	)
Less: Earnings (loss) allocated to participating securities (1)		5,212			(8,844	)		4,768			(17,336	)
Net (loss) income allocated to common shareholders	$	(334,566	)	$	370,717		$	(293,802	)	$	732,852
Weighted-average common shares outstanding including participating securities		3,355,929			3,402,706			3,358,183			3,423,430
Less: Average participating securities		(48,864	)		(75,179	)		(49,331	)		(75,042	)
Less: Average unallocated ESOP Shares		(170,316	)		(176,102	)		(170,316	)		(176,102	)
Average shares		3,136,749			3,151,425			3,138,536			3,172,287
Basic earnings per common share - continuing operations	$	0.16		$	0.16		$	0.29		$	0.32
Basic loss per common share - discontinued operations	$	(0.27	)	$	(0.04	)	$	(0.38	)	$	(0.09	)
Basic (loss) earnings per common share	$	(0.11	)	$	0.12		$	(0.09	)	$	0.23
Diluted:
Net (loss) income allocated to common shareholders	$	(334,566	)	$	370,717		$	(293,802	)	$	732,852
Weighted-average common shares outstanding for basic earnings per common share		3,136,749			3,151,425			3,138,536			3,172,287
Add: Dilutive effects of assumed exercises of stock options		4,747			12,788			3,399			11,516
Weighted average shares and dilutive potential common shares		3,141,497			3,164,212			3,141,935			3,183,803
Diluted earnings per common share - continuing operations	$	0.16		$	0.16		$	0.29		$	0.32
Diluted loss per common share - discontinued operations	$	(0.27	)	$	(0.04	)	$	(0.38	)	$	(0.09	)
Diluted (loss) earnings per common share	$	(0.11	)	$	0.12		$	(0.09	)	$	0.23