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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2025
EARNINGS PER SHARE  
Schedule of basic and diluted earnings per share

Three Months Ended March 31, 

2025

2024

Net income available to common stockholders (in thousands)

$

5,500

$

7,300

Average number of common shares outstanding

43,544,104

45,285,471

Less: Average unallocated ESOP shares and non-vested restricted shares

(3,199,182)

(3,373,050)

Weighted average number of common shares outstanding used to calculate basic earnings per common share

40,344,922

41,912,421

Dilutive effect of share-based compensation

260,877

214,616

Weighted average number of common shares outstanding used to calculate diluted earnings per common share

40,605,799

42,127,037

Earnings per common share:

Basic

$

0.14

$

0.17

Diluted

$

0.14

$

0.17