Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)

3 Months Ended

Mar. 31, 2020

Tables/Schedules

Schedule of Earnings Per Share, Basic and Diluted

The following table reconciles the numerator and the denominator used to calculate basic and diluted earnings per share:

(in thousands)	Three months ended
	March 31,
	2020	2019
Numerator
Net income	3,140	3,139
Denominator
Weighted average shares, basic	3,707	3,722
Dilutive effect of stock options	17	16
Diluted shares	3,724	3,738
Earnings per share, basic	.85	.84
Earnings per share, diluted	.84	.84