EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2022

EARNINGS PER SHARE

Schedule of Earnings (loss) per common share

	Three Months Ended September 30,		Nine Months Ended September 30,
(In thousands, except per share data)	2022		2022
Numerator
Net income available to common shareholders	$	139	$	26
Denominator
Weighted average common shares outstanding		5,290		5,290
Weighted average unallocated ESOP shares		(405)		(410)
Weighted average shares		4,885		4,880
Effect of dilutive shares:
Restricted stock		-		-
Stock options		-		-
Weighted average shares - assuming dilution		4,885		4,880
Basic earnings per common share	$	0.03	$	0.01
Diluted earnings per common share	$	0.03	$	0.01