Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Earnings Per Share (Tables)

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Note 10 - Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

Three Months Ended June 30,

   

Six months ended June 30,

 
   

2024

   

2023

   

2024

   

2023

 
   

(Income in thousands)

   

(Income in thousands)

 

Net (loss) income applicable to common shares

  $ (326 )   $ (126 )   $ (572 )   $ 44  
                                 

Average number of common shares outstanding

    5,308,341       5,378,749       5,352,903       5,388,301  

Less: Average unallocated ESOP shares

    382,953       402,622       395,420       405,309  

Average number of common shares outstanding used to calculate basic earnings per common share

    4,925,388       4,976,127       4,957,483       4,982,992  

(Loss) earnings income per common share basic and diluted

  $ (0.07 )   $ (0.03 )   $ (0.12 )   $ 0.01