Earnings Per Share

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 16 – EARNINGS PER SHARE

Earnings per common share for the three months and six months ended June 30, 2019 are presented in the following table. Earnings per common share for the three months and six months ended June 30, 2018 are not presented as the Company’s initial public offering was completed on January 8, 2019.

	Three months ended June 30, 2019			Six months ended June 30, 2019
Net loss	$	(9	)	$	(480	)
Shares outstanding for basic EPS
Average shares outstanding		4,877			4,877
Less: Average unallocated ESOP shares		176			176
Subtotal		4,701			4,701
Additional dilutive shares		—			—
Shares outstanding for basic and dilutive EPS		4,701			4,701
Basic and diluted loss per share	$	(0.00	)	$	(0.10	)