XML 47 R38.htm IDEA: XBRL DOCUMENT

Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Common Share [Abstract]

Schedule of Earning per Share



	Three Months Ended						Six Months Ended
(Dollars in thousands, except per share	June 30,			June 30,			June 30,			June 30,
dollar amounts)	2023			2022			2023			2022
Net Income attributable to common shareholders	$	3,461		$	5,619		$	5,564		$	11,144

Average number of common shares issued		17,688,826			17,765,817			17,687,448			17,810,916
Less:
average unallocated ESOP shares		(949,941)			(1,039,698)			(961,098)			(1,050,855)
average unvested restricted stock		(170,221)			(265,871)			(176,599)			(271,120)
Average number of common shares outstanding
to calculate basic earnings per common share		16,568,664			16,460,248			16,549,751			16,488,941

Effect of dilutive unvested restricted stock and stock option awards		1,353			422,685			915			468,245
Average number of common shares outstanding
to calculate diluted earnings per common share		16,570,017			16,882,933			16,550,666			16,957,186

Earnings per common share:
Basic	$	0.21		$	0.34		$	0.34		$	0.68
Diluted	$	0.21		$	0.33		$	0.34		$	0.66