Note 4 - Earnings Per Share & Share Repurchase Plan (Tables)

3 Months Ended

Mar. 31, 2017

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 March 31,	2017		2016
Numerator for basic and diluted earnings per share - net income	$	2,860	$	2,265
Denominator for basic earnings per share - weighted average     shares outstanding		3,415,065		3,369,782
Effect of dilutive securities - employee stock options		14,165		8,154
Denominator for diluted earnings per share - adjusted    weighted average shares outstanding		3,429,230		3,377,936
Earnings per share - basic	$	0.84	$	0.67
Earnings per share - diluted		0.83		0.67