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

9 Months Ended

Sep. 30, 2019

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:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2019		2018		2019		2018
Numerator for basic and diluted earnings per share - net income	$	3,090	$	3,211	$	9,612	$	9,008
Denominator for basic earnings per share - weighted average    shares outstanding		3,501,771		3,466,672		3,494,471		3,459,906
Effect of dilutive securities - employee stock options		6,546		22,389		7,036		21,083
Denominator for diluted earnings per share - adjusted    weighted average shares outstanding		3,508,317		3,489,061		3,501,507		3,480,989
Earnings per share - basic	$	0.88	$	0.93	$	2.75	$	2.60
Earnings per share - diluted		0.88		0.92		2.75		2.59