Basic earnings per share is computed using the weighted average number of actual common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that would occur from the exercise of common stock options outstanding. ESOP shares are considered outstanding for this calculation unless unearned.


	Three Months Ended March 31,
	2026		2025
Computation of weighted average number of basic and diluted shares:
Common shares outstanding at the beginning of the period	8,783,062		8,969,422
Weighted average number of net shares (redeemed)	(14,352)		(9,769)
Weighted average shares outstanding (basic)	8,768,710		8,959,653
Weighted average of potential dilutive shares attributable to stock options granted, computed under the treasury stock method	1,748		942
Weighted average number of shares (diluted)	8,770,458		8,960,595
Net income (In thousands)	$	21,943	$	14,433
Earnings per share:
Basic	$	2.50	$	1.61
Diluted	$	2.50	$	1.61