Note 5 - Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following sets forth the computation of basic and diluted earnings per share:

	Three months ended September 30,				Nine months ended September 30,
	2016		2015		2016		2015
Numerator for basic and diluted earnings per share - net    income	$	2,292	$	2,220	$	6,655	$	6,290
Denominator for basic earnings per share - weighted average     shares outstanding		3,391,471		3,343,011		3,381,491		3,332,650
Effect of dilutive securities - employee stock options		12,568		13,778		9,238		12,980
Denominator for diluted earnings per share - adjusted    weighted average shares outstanding		3,404,039		3,356,789		3,390,729		3,345,630
Earnings per share - basic	$	0.68	$	0.66	$	1.97	$	1.89
Earnings per share - diluted		0.67		0.66		1.96		1.88