v3.26.1
Earnings Per Share
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share ("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 (in thousands, except for share and per share data):
 
 For the Year EndedFor the Year Ended
 December 31, 2025December 31, 2024
 
Net income$11,577 $9,377 
Shares outstanding for Basic EPS:
Average shares outstanding10,502,458 11,028,029 
Less: average restricted stock award shares not vested64,308 124,747 
Less:  average unearned ESOP Shares768,468 822,631 
Shares outstanding for Basic EPS9,669,682 10,080,651 
Additional Dilutive Shares231,584 148,061 
Shares outstanding for Diluted EPS9,901,266 10,228,712 
Basic EPS$1.20 $0.93 
Diluted EPS$1.17 $0.92