Basic earnings per common share excludes dilution and is computed by dividing income available to common shareholders by the weighted-average common shares outstanding during the period reduced by unearned ESOP Plan shares and treasury shares. Diluted earnings per common share takes into account the potential dilution computed pursuant to the treasury stock method that could occur if stock options were exercised and converted into common stock, and if restricted stock awards were vested. The effects of stock options are excluded from the computation of diluted earnings per share in periods in which the effect would be anti-dilutive.


	Three months ended September 30,				Nine months ended September 30,
(dollars in thousands, except per share data)	2026		2025		2026		2025
Numerator for earnings per share:
Net income available to common stockholders	$	5,207	$	6,659	$	13,020	$	14,650

Denominators for earnings per share:
Weighted average shares outstanding	11,991		11,443		11,954		11,376
Average unearned ESOP shares	(91)		(118)		(97)		(124)
Basic weighted averages shares outstanding	11,900		11,325		11,857		11,252
Dilutive effects of assumed exercises of stock options	322		215		326		206

Diluted weighted averages shares outstanding	12,222		11,540		12,183		11,458

Basic earnings per share	$	0.44	$	0.59	$	1.10	$	1.30
Diluted earnings per share	$	0.43	$	0.58	$	1.07	$	1.28
Antidilutive shares excluded from computation of average dilutive earnings per share	2		357		2		359