Note 3 - Earnings Per Share

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Earnings Per Share [Text Block]

Note

3

Earnings Per Share

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 (“ESOP”) shares.

	Three Months Ended June 30,				Six Months Ended June 30,
	2018			2017	2018			2017
Net income	$	353		*	$	476		*
Basic potential common shares
Weighted average shares outstanding		6,612,500		*		6,612,500		*
Weighted average unallocated Employee Stock Ownership Plan Shares		(250,863	)	*		(252,483	)	*
Basic weighted average shares outstanding		6,361,637		*		6,360,017		*
Dilutive potential common shares		-		*		-		*
Dilutve weighted average shares outstanding		6,361,637		*		6,360,017		*
Basic earnings per share	$	0.06		*	$	0.07		*
Diluted earnings per share	$	0.06		*	$	0.07		*

* Earnings per share for the

three

and

six

months ended

June 30, 2017

is

not

applicable because the public offering was completed in

October 2017.