Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Earnings Per Share (Tables)

v3.21.1
Note 8 - Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2021
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

Three Months Ended

 

(Dollars in thousands, except per share data)

 

March 31,

 
   

2021

   

2020

 

Basic earnings per common share:

               

Net income as reported

  $ 4,679     $ 3,192  

Weighted average common shares outstanding

    3,471,604       3,458,505  

Basic earnings per common share

  $ 1.35     $ 0.92  

Diluted earnings per common share:

               

Net income as reported

  $ 4,679     $ 3,192  

Weighted average common shares outstanding..

    3,471,604       3,458,505  

Add: Dilutive effect of assumed stock option exercises

    -       -  

Weighted average common and dilutive potential common shares outstanding

    3,471,604       3,458,505  

Diluted earnings per common share

  $ 1.35     $ 0.92