Note 16 - Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)

12 Months Ended

Dec. 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:

	2022	2021	2020
Numerator (in thousands)
Net income	16,473	14,788	10,798
Denominator
Weighted average shares, basic	3,637	3,647	3,658
Dilutive effect of stock options	6	13	14
Diluted shares	3,643	3,660	3,672
Earnings per share, basic	4.53	4.05	2.95
Earnings per share, diluted	4.52	4.04	2.94