| Schedule of earning per share |
| |
|
Three months ended |
|
| |
|
March 31, |
|
| (Dollars in thousands) |
|
2019 |
|
|
2018 |
|
| Net income attributable to common shareholders |
|
$ |
2,218 |
|
|
$ |
2,022 |
|
| |
|
|
|
|
|
|
|
|
| Average number of common shares outstanding |
|
|
9,662,181 |
|
|
|
9,657,319 |
|
| Less: |
|
|
|
|
|
|
|
|
| average unallocated ESOP shares |
|
|
(271,525 |
) |
|
|
(286,226 |
) |
| average unvested restricted stock |
|
|
(87,268 |
) |
|
|
(122,405 |
) |
| average treasury stock acquired |
|
|
(36,282 |
) |
|
|
(28,823 |
) |
| Average number of common shares outstanding to calculate basic earnings per common share |
|
|
9,267,106 |
|
|
|
9,219,865 |
|
| |
|
|
|
|
|
|
|
|
| Effect of dilutive unvested restricted stock and stock option awards |
|
|
38,178 |
|
|
|
75,138 |
|
| Average number of common shares outstanding to calculate diluted earnings per common share |
|
|
9,305,284 |
|
|
|
9,295,003 |
|
| |
|
|
|
|
|
|
|
|
| Earnings per common share: |
|
|
|
|
|
|
|
|
| Basic |
|
$ |
0.24 |
|
|
$ |
0.22 |
|
| Diluted |
|
$ |
0.24 |
|
|
$ |
0.22 |
|
|
| (Dollars in thousands) |
|
2018 |
|
|
2017 |
|
| Net income attributable to common shareholders |
|
$ |
9,325 |
|
|
$ |
7,915 |
|
| |
|
|
|
|
|
|
|
|
| Average number of common shares outstanding |
|
|
9,659,357 |
|
|
|
9,652,448 |
|
| Less: |
|
|
|
|
|
|
|
|
| average unallocated ESOP shares |
|
|
(283,337 |
) |
|
|
(298,680 |
) |
| average unvested restricted stock |
|
|
(106,033 |
) |
|
|
(136,986 |
) |
| average treasury stock acquired |
|
|
(29,901 |
) |
|
|
(17,508 |
) |
Average number of common shares outstanding
to calculate basic earnings per common share |
|
|
9,240,086 |
|
|
|
9,199,274 |
|
| |
|
|
|
|
|
|
|
|
| Effect of dilutive unvested restricted stock and stock option awards |
|
|
66,230 |
|
|
|
613 |
|
Average number of common shares outstanding
to calculate diluted earnings per common share |
|
|
9,306,316 |
|
|
|
9,199,887 |
|
| |
|
|
|
|
|
|
|
|
| Earnings per common share: |
|
|
|
|
|
|
|
|
| Basic |
|
$ |
1.01 |
|
|
$ |
0.86 |
|
| Diluted |
|
$ |
1.00 |
|
|
$ |
0.86 |
|
|