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Earnings Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share  
Earnings Per Share

Note 15: Earnings Per Share

Earnings per share (EPS) were computed as follows:

Year Ended December 31, 2022

    

    

Weighted-

    

Average

Net

Shares

Per Share

Income

Outstanding

Amount

(In thousands)

Net income

$

8,657

 

  

 

  

Less allocated earnings on non-vested restricted stock

 

(185)

 

  

 

  

Less allocated dividends on non-vested restricted stock

 

(203)

 

  

 

  

Net income allocated to common stockholders

 

8,269

 

  

 

  

 

  

 

5,483,305

 

  

Basic and diluted earnings per share

 

  

 

  

$

1.50

Year Ended December 31, 2021

    

    

Weighted-

    

Average

Per Share

Net

Shares

Income

Outstanding

Amount

(In thousands)

Net income

$

9,451

 

  

 

  

Less allocated earnings on non-vested restricted stock

 

(348)

 

  

 

  

Less allocated dividends on non-vested restricted stock

 

(221)

 

  

 

  

Net income allocated to common stockholders

 

8,882

 

  

 

  

 

  

 

5,477,266

 

  

Basic and diluted earnings per share

 

  

 

  

$

1.62