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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Common Share  
Schedule of computation of earnings per common share

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

Net income available to common stockholders

 

$

168,000

 

$

244,000

 

$

526,000

 

$

532,000

 

 

 

 

 

 

 

 

 

 

 

Basic common shares:

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

1,843,319

 

1,910,017

 

1,880,981

 

1,908,847

 

Less:  Weighted average unallocated ESOP shares

 

(97,111

)

(105,025

)

(98,921

)

(47,909

)

Add:  Weighted average unvested restricted shares with non-forfeitable dividend rights

 

35,751

 

30,281

 

35,980

 

29,441

 

Basic weighted average common shares outstanding

 

1,781,959

 

1,835,273

 

1,818,040

 

1,890,379

 

 

 

 

 

 

 

 

 

 

 

Dilutive potential common shares

 

2,533

 

—

 

4,976

 

—

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average common shares outstanding

 

1,784,492

 

1,835,273

 

1,823,016

 

1,890,379

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.09

 

$

0.13

 

$

0.29

 

$

0.28

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.09

 

$

0.13

 

$

0.29

 

$

0.28