When the point of contact is at an angle

with the vertical, the forces on the plank are its weight W (at the centre of the plank) and an upwards force N at the point of contact. The angular equation of motion (about the point of contact) is

, where
I is the moment of inertia about the point of contact, and d is the horizontal distance from the centre of the plank to the point of contact.
Assuming that

is small, we can use the approximate value

. Also, we can assume that
I is the same as the moment of inertia about the centre of the plank. The formula for the moment of inertia of a rod of mass m and length l about its midpoint is

. So we take

.
Then the (approximate) angular equation of motion is

, or

. That is an SHM equation for a motion with period

.