Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings per common share for the three and nine months ended September 30, 2020 are presented in the following table.


	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
	(In thousands, except per share amounts)				(In thousands, except per share amounts)
Net income (loss)	$	412	$	436	$	893	$	(44	)

Weighted shares outstanding for basic EPS
Weighted average shares outstanding		4,647		4,877		4,660		4,877
Less: Weighted average unallocated ESOP shares		165		172		166		174

Weighted average shares outstanding for basic EPS		4,482		4,705		4,494		4,703
Additional dilutive shares		38		—		36		—

Weighted average shares outstanding for dilutive EPS		4,520		4,705		4,530		4,703

Basic and diluted income (loss) per share	$	0.09	$	0.09	$	0.20	$	(0.01	)