Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

Earnings per common share for the three months ended March 31, 2021 and the three months ended March 31, 2020 are presented in the following table.


	Three months ended March 31,
	2021		2020
	(dollars in thousands, except per share amounts)
Net income	$	521	$	287
Basic weighted average common shares outstanding:
Weighted average shares outstanding		4,838,344		4,876,677
Less: Weighted average unallocated ESOP shares		160,599		172,017
Less: Unvested restricted stock awards		89,057		—

Total basic weighted average common shares outstanding		4,588,688		4,704,660
Effective dilutive potential common shares		108,654		871

Total diluted weighted average shares outstanding		4,697,342		4,705,531

Basic earnings per share	$	0.11	$	0.06

Diluted earnings per share	$	0.11	$	0.06