For the Three Months Ended September 30,

For the Nine Months Ended September 30,

2023

2022

2023

2022

(Dollars in thousands except share data)

Net income (loss)

$

2,590

$

(14,738

)

$

2,834

$

(20,787

)

-

Common shares outstanding for basic EPS:

Weighted average common shares outstanding

23,774,317

24,727,459

24,456,108

24,072,543

Less: Weighted average unallocated Employee Stock
   Ownership Plan (ESOP) shares

1,502,241

1,632,600

1,535,428

1,548,066

Basic weighted average common shares outstanding

22,272,076

23,094,859

22,920,680

22,524,477

Basic earnings (loss) per common share

$

0.12

$

(0.64

)

$

0.12

$

(0.92

)

Potential dilutive common shares:

Add: Dilutive effect of restricted stock awards and stock options

77,141

—

42,276

—

Diluted weighted average common shares outstanding

22,349,217

23,094,859

22,962,956

22,524,477

Diluted earnings (loss) per common share

$

0.12

$

(0.64

)

$

0.12

$

(0.92

)