XML 46 R37.htm IDEA: XBRL DOCUMENT v3.23.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share  
Schedule of earnings per share, basic and diluted

Three Months Ended March 31, 

2023

2022

Net income applicable to common stock

$

798

$

2,053

 

  

 

  

Average number of common shares outstanding

 

11,228,299

 

11,183,583

Less: Average unearned ESOP shares

 

346,414

 

368,235

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

 

10,881,885

 

10,815,348

Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share

34,822

60,159

Additional common stock equivalents (stock options) used to calculate diluted earnings per share

104,688

133,805

Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share

11,021,395

11,009,312

 

  

 

  

Earnings per Common share:

 

  

 

  

Basic

$

0.07

$

0.19

Diluted

$

0.07

$

0.19