Basic earnings per share is calculated by dividing net income by the weighted-average number of common shares outstanding during the period. Unallocated common shares held by the ESOP are shown as a reduction in shareholders’ equity and are excluded from weighted-average common shares outstanding for both basic and diluted earnings per share calculations until they are committed to be released.

The Company had no dilutive or potentially dilutive securities during the three and six months ended June 30, 2026.

The following table sets forth the computation of basic and diluted earnings per share:


	Three Months Ended June 30,
	Three Months Ended June 30,
	2026			2025

Net income	$	390,079		$	349,548

Weighted-average common shares outstanding, gross		889,781			—

Less weighted average unallocated ESOP shares		(58,003	)		—

Weighted-average common shares outstanding		831,778			—

Earnings per share- basic and diluted	$	0.47		n/a


	Six Months Ended June 30,
	Six Months Ended June 30,
	2026			2025

Net income	$	808,222		$	751,093

Weighted-average common shares outstanding, gross		889,781			—

Less weighted average unallocated ESOP shares		(58,392	)		—

Weighted-average common shares outstanding		831,389			—

Earnings per share- basic and diluted	$	0.97		n/a