Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

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,
	2020		2019		2020		2019
	(Dollars in thousands except share data)
Net income	$	4,009	$	709	$	2,225	$	2,327
Common shares outstanding for basic EPS:
Weighted average common shares outstanding		17,166,882		17,405,296		17,278,439		18,012,360
Less: Weighted average unallocated Employee Stock    Ownership Plan (ESOP) shares		554,677		602,994		566,762		614,967
Basic weighted average common shares outstanding		16,612,205		16,802,302		16,711,677		17,397,393
Basic earnings per common share	$	0.24	$	0.04	$	0.13	$	0.13
Dilutive potential common shares:
Add: Dilutive effect of restricted stock awards and stock    options		—		26,986		12,522		74,242
Diluted weighted average common shares outstanding		16,612,205		16,829,288		16,724,199		17,471,635
Diluted earnings per common share	$	0.24	$	0.04	$	0.13	$	0.13