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Note 18 - Earnings Per Share
 12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Earnings Per Share [Text Block]
18.
Earnings Per Share
 
The factors used in the Corporation’s earnings per share computation follow:
 
(Dollar amounts in thousands, except for per share amounts)
  
For the year ended December 31,
   
2018
 
2017
Earnings per common share - basic
                
Net income
  
$
4,211
 
  
$
4,277
 
Less: Preferred stock dividends    
91
 
    
-
 
Net income available to common stockholders
  
$
4,120
 
  
$
4,277
 
Average common shares outstanding
    
2,377,277
 
    
2,197,440
 
Add: Dilutive effects of restricted stock awards
    
18,400
 
    
17,128
 
Average shares and dilutive potential common shares
    
2,395,677
 
    
2,214,568
 
Basic earnings per common share
  
$
1.73
 
  
$
1.95
 
Diluted earnings per common share
  
$
1.72
 
  
$
1.93
 
Restricted stock awards not considered in computing diluted earnings per share because they were antidilutive
    
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