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Earnings per share (Tables)
6 Months Ended
Jun. 30, 2017
Weighted Average Number of Shares Used in Computing Earnings per Share

The weighted average unearned ESOP shares which were excluded from the computation were 140,542 and 70,267 for the three and six months ended June 30, 2017, respectively. All ESOP shares were allocated for periods prior to April 1, 2017.

 

     For the three months ended      For the six months ended  
     June 30, 2017      June 30, 2016      June 30, 2017      June 30, 2016  
     Average
Shares
     Per share
Amount
     Average
Shares
     Per share
Amount
     Average
Shares
     Per share
Amount
     Average
Shares
     Per share
Amount
 

Basic earnings per share

     9,233,615      $ 0.06        4,774,856      $ 0.12        7,017,907      $ 0.05        4,774,856      $ 0.23  

Effect of dilutive securities:

                       

Stock options

     71,181           19,927           66,523           17,718     
  

 

 

       

 

 

       

 

 

       

 

 

    

Diluted earnings per share

     9,304,796      $ 0.06        4,794,783      $ 0.12        7,084,430      $ 0.05        4,792,574      $ 0.23