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

12 Months Ended

Dec. 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:

	2024	2023	2022
Numerator (in thousands)
Net income	13,874	16,635	16,473
Denominator
Weighted average shares, basic	3,503	3,629	3,637
Dilutive effect of stock options	-	8	6
Diluted shares	3,503	3,637	3,643
Earnings per share, basic	3.96	4.58	4.53
Earnings per share, diluted	3.96	4.57	4.52