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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Basic and Diluted

The following table sets forth the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computation for the three months and nine months ended September 30, 2025. The Company became the bank holding company of the Bank on October 22, 2024; therefore, there were no outstanding shares for the same periods ended September 30, 2024.

 

Denominator:

 

Three months ended

 

 

Nine months ended

 

 

 

September 30, 2025

 

 

September 30, 2025

 

Weighted-average common shares outstanding

 

 

19,837,500

 

 

 

19,837,500

 

Less: Average unearned ESOP shares

 

 

(1,491,780

)

 

 

(1,507,534

)

Weighted-average common shares and common
stock equivalents used to calculate basic earnings per share

 

 

18,345,720

 

 

 

18,329,966