v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share

(Dollars in thousands, except per share data)

Three Months Ended
June 30, 2026

 

 

Six Months Ended
June 30, 2026

 

Net income

$

7,170

 

 

$

13,165

 

 

 

 

 

 

Average number of common shares outstanding

 

20,076,250

 

 

 

20,076,250

 

Less: average unallocated ESOP shares

 

1,498,806

 

 

 

1,508,788

 

Average number of basic and diluted shares outstanding

 

18,577,444

 

 

 

18,567,462

 

 

 

 

 

 

Earnings per common share:

 

 

 

 

 

Basic

$

0.39

 

 

$

0.71

 

Diluted

$

0.39

 

 

$

0.71