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

6 Months Ended

Jun. 30, 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		Six months ended
	June 30,		June 30,
	2021	2020	2021	2020
Numerator
Net income	3,426	1,313	6,450	4,452
Denominator
Weighted average shares, basic	3,646	3,643	3,645	3,675
Dilutive effect of stock options	9	16	11	15
Diluted shares	3,655	3,659	3,656	3,690
Earnings per share, basic	0.94	0.36	1.77	1.21
Earnings per share, diluted	0.94	0.36	1.76	1.21