Earnings Per Share

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Earnings Per Share

Note 7:     Earnings Per Share

Basic earnings per common share is computed based upon the weighted-average number of common shares outstanding during the period, less shares in the Company’s Employee Stock Ownership Plan (“ESOP”) that are unallocated and not committed to be released. There were no dilutive shares at September 30, 2016 or September 30, 2015.

The computations are as follows:

	Three months ended September 30,				Nine  months ended September 30,
	2016		2015		2016		2015
Net income (in thousands)	$	550	$	372	$	1,931	$	1,055
Weighted-average common shares outstanding		2,747,567		2,740,249		2,747,567		2,755,634
Net income per share	$	0.20	$	0.13	$	0.70	$	0.38