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

6 Months Ended

Jun. 30, 2021

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 June 30,				For the Six Months Ended June 30,
	2021		2020		2021		2020
Numerator for basic and diluted earnings per share - net income	$	3,869	$	3,934	$	8,919	$	4,154
Denominator for basic earnings per share - weighted average    shares outstanding		3,556,550		3,532,079		3,555,804		3,527,373
Effect of dilutive securities - employee stock options		693		—		—		1,018
Denominator for diluted earnings per share - adjusted    weighted average shares outstanding		3,557,243		3,532,079		3,555,804		3,528,391
Earnings per share - basic	$	1.09	$	1.11	$	2.51	$	1.18
Earnings per share - diluted		1.09		1.11		2.51		1.18