Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Earnings Per Share (Tables)

v3.22.2.2
Note 11 - Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

Three Months Ended September 30,

   

Nine months ended September 30,

 
   

2022

   

2022

 
   

(Income in thousands)

 

Net income (loss) applicable to common shares

  $ 118     $ (12 )
                 

Average number of common shares outstanding

    5,397,959       5,042,050  

Less: Average unallocated ESOP shares

    426,029       397,529  

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

    4,971,930       4,644,521  

Earnings (loss) per common share basic and diluted

  $ 0.02     $ (0.00 )