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EARNINGS PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 30, 2016
Earnings Per Common Share  
Schedule of basis of computation of earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

    

2016

    

2015

    

2016

    

2015

    

 

 

(In thousands, except share and per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to common stockholders

 

$
35

 

$
425

 

$
267

 

$
1,038

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic common shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 
1,794,469

 

 
1,783,193

 

 
1,792,314

 

 
1,789,422

 

Less: Weighted average unallocated ESOP shares

 

 
(75,396)

 

 
(82,630)

 

 
(77,201)

 

 
(84,440)

 

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

 

 
46,451

 

 
44,868

 

 
46,144

 

 
43,338

 

Basic weighted average common shares outstanding

 

 
1,765,524

 

 
1,745,431

 

 
1,761,257

 

 
1,748,320

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive potential common shares

 

 
13,596

 

 
7,578

 

 
9,308

 

 
8,420

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average common shares outstanding

 

 
1,779,120

 

 
1,753,009

 

 
1,770,565

 

 
1,756,740

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$
0.02

 

$
0.24

 

$
0.15

 

$
0.59

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$
0.02

 

$
0.24

 

$
0.15

 

$
0.59