| Earnings Per Share (EPS) |
Note 19: Earnings Per Share (EPS) Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding, adjusted for weighted average unallocated ESOP shares, during the applicable period. Diluted earnings per share is computed using the weighted average number of shares determined for the basic earnings per common share computation plus the dilutive effect of stock compensation using the treasury stock method. Earnings per common share for the three and six months ended June 30, 2026 and 2025 is presented in the following table: | | | | | | | | | | | | | | Three Months Ended June 30, | | | Six Months Ended June 30, | | 2026 | | 2025 | | | 2026 | | 2025 | | | (dollars in thousands, except per share amounts) | | | (dollars in thousands, except per share amounts) | Net income | $ | 437 | | $ | 438 | | | $ | 755 | | $ | 723 | Weighted shares outstanding for basic EPS | | | | | | | | | | | | | Weighted average shares outstanding | | 1,727,942 | | | 1,725,000 | | | | 1,726,479 | | | 1,725,000 | Less: Weighted average unallocated ESOP shares | | (119,370) | | | (124,890) | | | | (118,680) | | | (125,580) | Less: Weighted average Treasury shares | | (136,163) | | | (86,352) | | | | (135,135) | | | (72,799) | Add: Weighted average shares in Rabbi Trust for Deferred Compensation Plan | | 40,000 | | | 40,000 | | | | 40,000 | | | 40,000 | Weighted average shares outstanding for basic EPS | | 1,512,409 | | | 1,553,758 | | | | 1,512,664 | | | 1,566,621 | Additional dilutive shares | | 40,183 | | | — | | | | 35,080 | | | — | Weighted average shares outstanding for dilutive EPS | | 1,552,592 | | | 1,553,758 | | | | 1,547,744 | | | 1,566,621 | Basic income per share | $ | 0.29 | | $ | 0.28 | | | $ | 0.50 | | $ | 0.46 | Diluted income per share | $ | 0.28 | | $ | 0.28 | | | $ | 0.49 | | $ | 0.46 |
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