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Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)
3 Months Ended
Mar. 31, 2021
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,

2021

 

2020

Numerator

 

 

 

Net income

3,024

 

3,140

 

 

 

 

Denominator

 

 

 

Weighted average shares, basic

3,644

 

3,707

Dilutive effect of stock options

11

 

17

Diluted shares

3,655

 

3,724

 

 

 

 

Earnings per share, basic

0.83

 

0.85

Earnings per share, diluted

0.83

 

0.84