2016

2015

2014

Weighted-average common shares issued

3,805,636

Average treasury stock shares

(1,766,468

)

(1,755,194

)

(1,747,716

)

Average unallocated ESOP shares

( 128,630

)

( 108,570

)

—

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

1,910,538

1,941,872

2,057,920

Additional common stock equivalents (stock options) used to calculate diluted earnings per share

—

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

1,910,538

1,941,872

2,057,920