Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings per common share for the year ended December 31 is presented in the following table.


	Years ended December 31,
	2020		2019
	(dollars in thousands, except per share amounts)
Net income	$	1,317	$	449

Weighted average shares outstanding for basic EPS
Weighted average shares outstanding		4,807,158		4,876,677
Less: Weighted average unallocated ESOP shares		164,987		172,895

Weighted average shares outstanding for basic EPS		4,642,171		4,703,782
Additional dilutive shares		43,037		—

Weighted average shares outstanding for dilutive EPS		4,685,208		4,703,782

Basic income per share	$	0.28	$	0.10

Diluted income per share	$	0.28	$	0.10