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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share  
Schedule of earnings per share, basic and diluted

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Three Months Ended March 31, 

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2023

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2022

Net income applicable to common stock

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$

798

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$

2,053

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Average number of common shares outstanding

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11,228,299

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11,183,583

Less: Average unearned ESOP shares

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346,414

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368,235

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

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10,881,885

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10,815,348

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

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34,822

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60,159

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

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104,688

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133,805

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

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11,021,395

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11,009,312

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Earnings per Common share:

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Basic

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$

0.07

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$

0.19

Diluted

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$

0.07

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$

0.19