Earnings Per Share (EPS) (Tables)

6 Months Ended

Jun. 30, 2026

Earnings Per Share (EPS)

Computation of basic and diluted net earnings per share

	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
	(dollars in thousands, except per share amounts)				(dollars in thousands, except per share amounts)
Net income	$	437	$	438	$	755	$	723
Weighted shares outstanding for basic EPS
Weighted average shares outstanding		1,727,942		1,725,000		1,726,479		1,725,000
Less: Weighted average unallocated ESOP shares		(119,370)		(124,890)		(118,680)		(125,580)
Less: Weighted average Treasury shares		(136,163)		(86,352)		(135,135)		(72,799)
Add: Weighted average shares in Rabbi Trust for Deferred Compensation Plan		40,000		40,000		40,000		40,000
Weighted average shares outstanding for basic EPS		1,512,409		1,553,758		1,512,664		1,566,621
Additional dilutive shares		40,183		—		35,080		—
Weighted average shares outstanding for dilutive EPS		1,552,592		1,553,758		1,547,744		1,566,621
Basic income per share	$	0.29	$	0.28	$	0.50	$	0.46
Diluted income per share	$	0.28	$	0.28	$	0.49	$	0.46