Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Schedule of Reconciliation of Number of Shares Used in Calculation of Basic and Diluted Earnings Per Common Share

The following table presents a reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2019		2018		2019		2018
	(Dollars in thousands except share data)
Net income for the period	$	709	$	402	$	2,327	$	2,041
Shares outstanding for basic EPS:
Weighted average shares outstanding		17,405,296		18,463,028		18,012,360		18,463,028
Less: Weighted average unallocated Employee Stock Ownership    Plan (ESOP) shares		602,994		651,244		614,967		663,217
Basic weighted shares outstanding		16,802,302		17,811,784		17,397,393		17,799,811
Basic earnings per share	$	0.04	$	0.02	$	0.13	$	0.11
Potential dilutive common shares:
Add: Dilutive effect of restricted stock awards and stock options		26,986		—		74,242		—
Diluted weighted average shares outstanding		16,829,288		17,811,784		17,471,635		17,799,811
Diluted earnings per share	$	0.04	$	0.02	$	0.13	$	0.11