Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Employee and Director Benefits (Tables)

v3.8.0.1
Note 6 - Employee and Director Benefits (Tables)
3 Months Ended
Mar. 31, 2018
Notes Tables  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
    2018   2017
Expected volatility    
23.43
%    
29.00
%
Expected dividends    
1.07
%    
0.43
%
Expected term (in years)    
6
     
6
 
Risk-free rate    
2.67
%    
2.08
%
Share-based Compensation, Stock Options, Activity [Table Text Block]
            Weighted    
   
 
 
Weighted
 
Average
 
 
   
 
 
Average
 
Remaining
 
 
   
 
 
Exercise
 
Contractual
 
Aggregate
   
Shares
 
Price
 
Term (years)
 
Intrinsic Value
                             
(In Thousands)
 
Three Months Ended March 31, 2018:                                
Outstanding at 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 at March 31, 2018    
1,502,248
 
   
11.54
 
   
5.5
 
  $
43,978
 
                                 
Exercisable at March 31, 2018    
672,600
 
  $
5.48
 
   
3.9
 
  $
23,770
 
                                 
Three Months Ended March 31, 2017:                                
Outstanding at January 1, 2017    
2,026,334
 
  $
9.00
 
   
6.2
 
  $
57,636
 
Granted    
51,500
 
   
38.10
 
   
9.8
 
   
(89
)
Exercised    
(175,500
)
   
5.28
 
   
5.0
 
   
5,459
 
Forfeited    
(27,000
)
   
21.55
 
   
8.8
 
   
401
 
Outstanding at March 31, 2017    
1,875,334
 
   
9.96
 
   
6.2
 
  $
49,540
 
                                 
Exercisable at March 31, 2017    
928,236
 
  $
5.12
 
   
4.6
 
  $
29,013