Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Earnings Per Share (Tables)

v3.23.1
Note 11 - Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
    Three Months Ended March 31,  
   

2023

   

2022

 
   

(Income in thousands)

 

Net income (loss) applicable to common shares

  $ 170     $ (279 )
                 

Average number of common shares outstanding

    5,397,959       4,318,367  

Less: Average unallocated ESOP shares

    408,026       343,981  

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

    4,989,933       3,974,386  

Earnings (loss) per common share basic and diluted

  $ 0.03     $ (0.07 )