Note 4 - Earnings (Loss) Per Share |
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Jun. 30, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||
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| Earnings Per Share [Text Block] |
Note 4. Earnings (Loss) Per Share
Earnings (loss) per share (“EPS”) represents income available or loss attributable to common shareholders divided by the weighted average number of common shares outstanding during the period. Unallocated common shares held by the ESOP are shown as a reduction in stockholders’ equity and are excluded from the weighted-average common shares outstanding for both basic and diluted earnings per share calculations until they are committed to be released.
The Company had no dilutive or potentially dilutive securities during the three and six months ended June 30, 2025. EPS data is not applicable for any of the periods in 2024 as the Company had no outstanding shares prior to January 2025.
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