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EARNINS PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Common Share  
Schedule of basis of computation of earnings per common share

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31,

 

    

2017

    

2016

 

 

(In thousands, except share and per share data)

 

 

 

 

 

 

 

Net income available to common stockholders

 

$

278

 

$

80

 

 

 

 

 

 

 

Basic common shares:

 

 

 

 

 

 

Weighted average shares outstanding

 

 

1,799,280

 

 

1,788,005

Less: Weighted average unallocated ESOP shares

 

 

(71,769)

 

 

(79,009)

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

 

 

39,720

 

 

45,529

Basic weighted average common shares outstanding

 

 

1,767,231

 

 

1,754,525

 

 

 

 

 

 

 

Dilutive potential common shares

 

 

38,290

 

 

4,506

 

 

 

 

 

 

 

Diluted weighted average common shares outstanding

 

 

1,805,521

 

 

1,759,031

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.16

 

$

0.05

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.15

 

$

0.05