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Note 5 - Earnings Per Share
 3 Months Ended
Mar. 31, 2019
Notes to Financial Statements  
Earnings Per Share [Text Block]
NOTE
5
– EARNINGS PER SHARE
 
 
Basic earnings per share is based on net income divided by the weighted average number of shares outstanding during the period, including allocated and committed-to-be-released employee stock ownership plan shares. Diluted earnings per share show the dilutive effect, if any, of additional common shares issuable under stock options and awards. 
 
   
Three Months Ended
  
   
March 31,
  
   
2019
    
2018
  
Net income available to common stockholders
   $
400,070
     $
479,582
  
Basic potential common shares:
                
Weighted average shares outstanding
    
3,346,185
      
3,429,002
  
Weighted average unvested MRP share
    
(3,060
 )    
-
  
Weighted average unallocated ESOP shares
    
(157,022
 )    
(175,801
 )
Basic weighted average shares outstanding
    
3,186,103
      
3,253,201
  
Dilutive potential common shares:
                
Weighted average unrecognized compensation on MRP shares
    
103
      
-
  
Weighted average RRP options outstanding
    
5,541
      
8,679
  
Dilutive weighted average shares outstanding
    
3,191,747
      
3,261,880
  
Basic earnings per share
   $
0.13
     $
0.15
  
Diluted earnings per share
   $
0.13
     $
0.15