1. UNAUDITED INTERIM FINANCIAL STATEMENTS: Income Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)

9 Months Ended

Sep. 30, 2023

Tables/Schedules

Schedule of Earnings Per Share, Basic and Diluted

	Three Months Ended		Nine Months Ended
	September 30, 2023	September 30, 2022	September 30, 2023	September 30, 2022
Net income:
Net income	$115,198	$187,960	$430,765	$550,333
Preferred stock dividends	(17,002)	(14,839)	(51,006)	(45,049)
Net income available to common shareholders	98,196	173,121	379,759	505,284
Basic income per share:
Weighted average common shares outstanding used in income per share	19,565,087	19,182,754	19,431,552	18,137,640
Basic income per share	0.01	0.01	0.02	0.03
Diluted income per share:
Shares used in diluted income per share	19,744,026	19,708,698	19,611,889	18,667,822
Diluted income per share	0.01	0.01	0.02	0.03
Computation of shares used in income per share:
Weighted average shares and share equivalents outstanding – basic	19,565,087	19,182,754	19,431,552	18,137,640
Effect of dilutive stock options	178,939	525,944	180,337	530,182
Weighted average shares and share equivalents outstanding – diluted	19,744,026	19,708,698	19,611,889	18,667,822