Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Employee and Director Benefits (Tables)

v3.19.1
Note 7 - Employee and Director Benefits (Tables)
 3 Months Ended
Mar. 31, 2019
Notes Tables  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
    2019   2018
Expected volatility    
40.00
 %    
23.43
 %
Expected dividends    
1.76
 %    
1.07
 %
Expected term (in years)    
6.3
      
6.3
  
Risk-free rate    
2.61
 %    
2.67
 %
Share-based Payment Arrangement, Option, Activity [Table Text Block]
 
 
 
 
 		  
 
 
 
 		  
 
 
 
Shares		  
 
 
 
 		  
Weighted
Average
Exercise
Price		  
 
 
 
 		 Weighted
Average
Remaining
Contractual
Term (years)		  
 
 
 
 		  
 
 
Aggregate
Intrinsic Value
                (In Thousands)
Three Months Ended March 31, 2019:                                
Outstanding January 1, 2019    
1,238,748
     $
13.02
      
5.2
     $
23,355
  
Granted    
6,000
      
34.09
      
9.8
      
(2
 )
Exercised    
(162,500
 )    
4.59
      
1.7
      
4,384
  
Forfeited    
–
      
–
      
–
      
–
  
Outstanding March 31, 2019    
1,082,248
      
14.41
      
6.3
     $
21,318
  
                                 
Exercisable March 31, 2019    
354,800
     $
8.40
      
4.0
     $
9,356
  
                                 
Three Months Ended March 31, 2018:                                
Outstanding January 1, 2018    
1,666,834
     $
10.68
      
5.5
     $
51,377
  
Granted    
10,250
      
41.21
      
9.9
      
(4
 )
Exercised    
(173,836
 )    
4.90
      
3.4
      
6,244
  
Forfeited    
(1,000
 )    
25.41
      
8.5
      
15
  
Outstanding March 31, 2018    
1,502,248
      
11.54
      
5.5
     $
43,978
  
                                 
Exercisable March 31, 2018    
672,600
     $
5.48
      
3.9
     $
23,770