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Earnings per Share
6 Months Ended
Jun. 30, 2025
Earnings per Share  
Earnings per Share

Note 9:

Earnings per Share

Earnings (loss) per common share was computed based on the following:

Three Months Ended

Six Months Ended

    

June 30, 

   

June 30, 

   

(In thousands, except per share data)

2025

   

2024

   

2025

   

2024

   

Numerator:

Net Income Available to Common Stockholders

$

3,126

$

$

3,204

$

Denominator:

Weighted Average Common Shares Outstanding

 

5,559

 

 

5,559

 

Weighted Average Unearned ESOP Shares

 

(414)

 

 

(417)

 

Weighted Average Shares

 

5,145

 

 

5,142

 

Income per Common Share - Basic and Diluted

$

0.61

$

$

0.62

$

At and during the period ended June 30, 2024, the company did not have any common shares outstanding as its initial public offering of stock in connection with the Bank’s conversion from mutual to stock form of organization was completed on July 31, 2024.