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

9 Months Ended

Sep. 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		Nine months ended
	September 30,		September 30,
	2024	2023	2024	2023
Numerator
Net income	3,563	3,935	10,972	12,349
Denominator
Weighted average shares, basic	3,478	3,629	3,542	3,629
Dilutive effect of stock options	-	10	-	9
Diluted shares	3,478	3,639	3,542	3,638
Earnings per share, basic	1.02	1.08	3.10	3.40
Earnings per share, diluted	1.02	1.08	3.10	3.39