Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Schedule of Calculation of Average Number of Shares Outstanding Used to Calculate Basic and Diluted Earnings (Loss) Per Share

The following table sets forth the calculation of the average number of shares outstanding used to calculate the basic and diluted earnings (loss) per share for the periods indicated:

	Three Months Ended March 31,
	2022			2021
Average number of common shares outstanding		5,169,802			5,429,422
Less: Average unallocated ESOP shares		(354,477	)		(373,257	)
Average number of common shares outstanding used to calculate basic earnings per share		4,815,325			5,056,165
Effect of dilutive stock options		199,213			198,742
Average number of common shares outstanding used to calculate dilutive earnings per share		5,014,538			5,254,907