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

3 Months Ended

Mar. 31, 2022

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,
	2022	2021
Numerator
Net income	3,534	3,024
Denominator
Weighted average shares, basic	3,655	3,644
Dilutive effect of stock options	10	11
Diluted shares	3,665	3,655
Earnings per share, basic	$ 0.97	$ 0.83
Earnings per share, diluted	$ 0.96	$ 0.83