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

6 Months Ended

Jun. 30, 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		Six months ended
	June 30,		June 30,
	2023	2022	2023	2022
Numerator
Net income	4,200	4,103	8,414	7,638
Denominator
Weighted average shares, basic	3,628	3,643	3,628	3,649
Dilutive effect of stock options	11	7	10	9
Diluted shares	3,639	3,650	3,638	3,658
Earnings per share, basic	1.16	1.13	2.32	2.09
Earnings per share, diluted	1.15	1.12	2.31	2.09