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Earnings Per Share | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share |
Earnings Per Share | ​ 17. Earnings Per Share Basic earnings per share represent income available to common stockholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed in a manner similar to that of basic earnings per share except that the weighted-average number of common shares outstanding is increased to include the number of incremental shares (computed using the treasury method) that would have been outstanding if all potentially dilutive common stock equivalents (such as options) were issued during the period. Unearned ESOP shares are not deemed outstanding for earnings per share calculations. ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ | ​ | 2022 | ​ | 2021
Net income applicable to common stock | ​ | $ | 6,997 | ​ | $ | 11,558
​ | ​ |  |  | ​ |  |
Average number of common shares outstanding | ​ |  | 11,199,387 | ​ |  | 11,151,064
Less: Average unearned ESOP shares | ​ |  | 360,052 | ​ |  | 381,873
Average number of common shares outstanding used to calculate basic earnings per common share | ​ |  | 10,839,335 | ​ |  | 10,769,191
Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share | ​ | ​ | 49,650 | ​ | ​ | 73,235
Additional common stock equivalents (stock options) used to calculate diluted earnings per share | ​ | ​ | 115,612 | ​ | ​ | 111,940
Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share | ​ | ​ | 11,004,597 | ​ | ​ | 10,954,366
​ | ​ |  |  | ​ |  |
Earnings per Common share: | ​ |  |  | ​ |  |
Basic | ​ | $ | 0.65 | ​ | $ | 1.07
Diluted | ​ | $ | 0.64 | ​ | $ | 1.06
​

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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