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Earnings per common share for the three and nine months ended September 30, 2024 and 2023 have been computed based on the following: (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Earnings per common share:                
Net income applicable to common stock $ 1,904 $ 3,513 $ 2,961 $ 4,490 $ 2,763 $ 5,304 $ 8,378 $ 12,557
Average number of common shares issued 21,246     22,055     21,466 22,140
Less: Average unallocated ESOP Shares (256)     (329)     (273) (347)
Less: Average unvested performance-based equity incentive plan shares (186)     (165)     (180) (162)
Average number of common shares outstanding used to calculate basic earnings per common share 20,804     21,561     21,013 21,631
Effect of dilutive performance-based equity incentive plan 130     119     109 50
Average number of common shares outstanding used to calculate diluted earnings per common share 20,934     21,680     21,122 21,681
Basic earnings per common share $ 0.09     $ 0.21     $ 0.40 $ 0.58
Diluted earnings per common share $ 0.09     $ 0.21     $ 0.40 $ 0.58