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

12 Months Ended

Dec. 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:

	2023	2022	2021
Numerator (in thousands)
Net income	16,635	16,473	14,788
Denominator
Weighted average shares, basic	3,629	3,637	3,647
Dilutive effect of stock options	8	6	13
Diluted shares	3,637	3,643	3,660
Earnings per share, basic	4.58	4.53	4.05
Earnings per share, diluted	4.57	4.52	4.04