XML 26 R16.htm IDEA: XBRL DOCUMENT v3.26.1
Earnings per Share
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic EPS is computed by dividing net income allocated to common stock by the weighted average number of common shares outstanding during the period which excludes the participating securities. Diluted EPS includes the dilutive effect of additional potential common shares from stock compensation awards, but excludes awards considered participating securities. ESOP shares are not considered outstanding for EPS until they are earned. The following table presents the computation of basic and diluted EPS for the periods indicated:
Three Months Ended March 31,
20262025
Net income$2,785 $1,968 
Shares outstanding for Basic EPS:
Average shares outstanding10,501,260 10,712,912 
Less: average restricted stock award shares not vested88,379 83,379 
Less: average unearned ESOP Shares734,779 788,885 
Shares outstanding for Basic EPS9,678,102 9,840,648 
Additional Dilutive Shares182,003 243,649 
Shares outstanding for Diluted EPS9,860,105 10,084,297 
Basic Earnings Per Share$0.29 $0.20 
Diluted Earnings Per Share$0.28 $0.20