1. UNAUDITED INTERIM FINANCIAL STATEMENTS: Income Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)

6 Months Ended

Jun. 30, 2023

Tables/Schedules

Schedule of Earnings Per Share, Basic and Diluted

	Three Months Ended		Six Months Ended
	June 30, 2023	June 30, 2022	June 30, 2023	June 30, 2022
Net income:
Net income	$166,913	$163,312	$315,567	$362,373
Preferred stock dividends	(17,002)	(15,105)	(34,004)	(30,210)
Net income available to common shareholders	149,911	148,207	281,563	332,163
Basic income per share:
Weighted average common shares outstanding used in income per share	19,543,846	18,060,819	19,363,300	17,603,470
Basic income per share	0.01	0.01	0.02	0.02
Diluted income per share:
Shares used in diluted income per share	19,633,735	18,587,690	19,454,281	18,133,114
Diluted income per share	0.01	0.01	0.02	0.02
Computation of shares used in income per share:
Weighted average shares and share equivalents outstanding – basic	19,543,846	18,060,819	19,363,300	17,603,470
Effect of dilutive stock options	89,889	526,871	90,981	529,644
Weighted average shares and share equivalents outstanding – diluted	19,633,735	18,587,690	19,454,281	18,133,114