Note 6 - Net Income Per Common Share

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Earnings Per Share [Text Block]

6

.

Net

Income Per Common Share

Basic net income per common share is determined by dividing net income by the weighted average total number of common shares issued and outstanding. There were

no

dilutive instruments at

June 30, 2018

and

2017.

Net income per common share computations were as follows for the periods indicated:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except per share data)	2018		2017		2018		2017
Net income, basic and diluted	$	5,847	$	4,482	$	11,488	$	7,811
Average common shares issued and outstanding, basic and diluted		7,520		7,512		7,519		7,511
Net income per common share, basic and diluted	$	.78	$	.60	$	1.53	$	1.04