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

3 Months Ended

Mar. 31, 2023

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,
	2023	2022
Numerator
Net income	4,214	3,534
Denominator
Weighted average shares, basic	3,628	3,655
Dilutive effect of stock options	8	10
Diluted shares	3,636	3,665
Earnings per share, basic	$ 1.16	$ 0.97
Earnings per share, diluted	$ 1.16	$ 0.96