Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share

Schedule of earnings per share, basic and diluted

	Three Months Ended March 31,
	2024		2023
Net income applicable to common stock	$	1,121	$	798
Average number of common shares outstanding		11,072,607		11,228,299
Less: Average unearned ESOP shares		324,601		346,414
Average number of common shares outstanding used to calculate basic earnings per common share		10,748,006		10,881,885
Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share		—		34,822
Additional common stock equivalents (stock options) used to calculate diluted earnings per share		96,281		104,688
Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share		10,844,287		11,021,395
Earnings per Common share:
Basic	$	0.10	$	0.07
Diluted	$	0.10	$	0.07