EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2020

EARNINGS PER SHARE (“EPS”)

Schedule of basic and diluted earnings per share

	Three Months Ended March 31,
	2020		2019
Net income available to common stockholders (in thousands)	$	4,724	$	2,067
Average number of common shares outstanding		58,418,021		58,461,006
Less: Average unallocated ESOP shares		(4,025,556)		(1,794,027)
Weighted average number of common shares outstanding used to calculate basic earnings per common share		54,392,465		56,666,979
Weighted average number of common shares outstanding used to calculate diluted earnings per common share		54,392,465		56,666,979
Earnings per common share:
Basic	$	0.09	$	0.04
Diluted	$	0.09	$	0.04
Share amounts related to periods prior to the August 14, 2019 closing of the conversion offering have been restated to give retroactive recognition to the 1.795431 exchange ratio applied in the  conversion offering.