Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share

Schedule of earnings per share, basic and diluted

	Year ended December 31,
	2020			2019
Net income applicable to common stock	$	5,917	$	5,963
Average number of common shares outstanding		11,133,290		11,133,290
Less: Average unearned ESOP shares		403,694		425,514
Average number of common shares outstanding used to calculate basic earnings per common share		10,729,596		10,707,776
Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share		10,245		—
Additional common stock equivalents (stock options) used to calculate diluted earnings per share		—		—
Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share		10,739,841		10,707,776
Earnings per Common share:
Basic	$	0.55	$	0.56
Diluted	$	0.55	$	0.56