(Dollars in thousands, except per share data)

December 31, 2025

December 31, 2024

Net loss

$

(3,289

)

$

—

Average number of common shares outstanding

20,076,250

—

Less: average unallocated ESOP shares

1,545,741

—

Average number of basic and diluted shares outstanding

18,530,509

—

Loss per common share:

Basic

$

(0.18

)

$

—

Diluted

$

(0.18

)

$

—