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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2019
Earnings Per Share  
Schedule of Earnings Per Share, Basic and Diluted

The following table presents the earnings per share calculations for the years ended December 31:

 

 

 

 

 

 

 

 

 

 

2019

 

2018

Net income

 

$

1,556

 

$

1,058

Basic potential common shares

 

 

  

 

 

  

Weighted average shares outstanding

 

 

6,620,922

 

 

6,617,507

Weighted average unallocated Employee Stock Ownership Plan Shares

 

 

(236,823)

 

 

(249,783)

Basic weighted average shares outstanding

 

 

6,384,099

 

 

6,367,724

Dilutive potential common shares

 

 

222,089

 

 

 —

Dilutive weighted average shares outstanding

 

 

6,606,188

 

 

6,367,724

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.24

 

$

0.17

Diluted earnings per share

 

$

0.24

 

$

0.17