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

3 Months Ended

Mar. 31, 2024

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,
	2024	2023
Numerator
Net income	3,956	4,214
Denominator
Weighted average shares, basic	3,618	3,628
Dilutive effect of stock options	-	8
Diluted shares	3,618	3,636
Earnings per share, basic	$ 1.09	$ 1.16
Earnings per share, diluted	$ 1.09	$ 1.16