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

6 Months Ended

Jun. 30, 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		Six months ended
	June 30,		June 30,
	2024	2023	2024	2023
Numerator
Net income	3,453	4,200	7,409	8,414
Denominator
Weighted average shares, basic	3,532	3,628	3,579	3,628
Dilutive effect of stock options	-	11	-	10
Diluted shares	3,532	3,639	3,579	3,638
Earnings per share, basic	0.98	1.16	2.07	2.32
Earnings per share, diluted	0.98	1.15	2.07	2.31