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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share  
Schedule of earnings per share, basic and diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

    

2020

    

2019

 

2020

    

2019

Net income applicable to common stock

 

$

1,348

 

$

1,221

 

$

2,423

$

2,132

 

 

 

  

 

 

  

 

 

  

 

  

Average number of common shares outstanding

 

 

11,133,290

 

 

11,133,290

 

 

11,133,290

 

11,133,290

Less: Average unearned ESOP shares

 

 

406,423

 

 

428,243

 

 

409,150

 

430,970

Average number of common shares outstanding used to calculate basic and diluted earnings per common share

 

 

10,726,867

 

 

10,705,047

 

 

10,724,140

 

10,702,320

 

 

 

  

 

 

  

 

 

  

 

  

Earnings per Common share:

 

 

  

 

 

  

 

 

  

 

  

Basic

 

$

0.13

 

$

0.11

 

$

0.23

$

0.20

Diluted

 

$

0.13

 

$

0.11

 

$

0.23

$

0.20