v3.25.2
Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Unallocated ESOP Shares [Member]
Treasury Stock, Common [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2023 $ 0 $ 85 $ 108,819 $ (4,583) $ (11,124) $ 96,021 $ (19,945) $ 169,273
Net income 0 0 0 0 0 3,636 0 3,636
Other comprehensive income 0 0 0 0 0 0 (932) (932)
Dividends paid 0 0 0 0 0 (2,244) 0 (2,244)
Stock compensation expense 0 0 270 0 0 0 0 270
ESOP shares allocated 0 0 (127) 286 0 0 0 159
Balance at Jun. 30, 2024 0 85 108,962 (4,297) (11,124) 97,413 (20,877) 170,162
Balance at Mar. 31, 2024 0 85 108,893 (4,440) (11,124) 96,797 (21,263) 168,948
Net income 0 0 0 0 0 1,738 0 1,738
Other comprehensive income 0 0 0 0 0 0 386 386
Dividends paid 0 0 0 0 0 (1,122) 0 (1,122)
Stock compensation expense 0 0 135 0 0 0 0 135
ESOP shares allocated 0 0 (66) 143 0 0 0 77
Balance at Jun. 30, 2024 0 85 108,962 (4,297) (11,124) 97,413 (20,877) 170,162
Balance at Dec. 31, 2024 0 85 108,334 (4,010) (10,762) 101,264 (20,146) 174,765
Net income 0 0 0 0 0 6,476 0 6,476
Other comprehensive income 0 0 0 0 0 0 2,288 2,288
Dividends paid 0 0 0 0 0 (2,270) 0 (2,270)
Stock compensation expense 0 0 345 0 0 0 0 345
ESOP shares allocated 0 0 (89) 286 0 0 0 197
Treasury stock purchased 0 0 0 0 (1,163) 0 (1,163)
Balance at Jun. 30, 2025 0 85 108,590 (3,724) (11,925) 105,470 (17,858) 180,638
Balance at Mar. 31, 2025 0 85 108,451 (3,867) (11,517) 103,366 (18,945) 177,573
Net income 0 0 0 0 3,237 0 3,237
Other comprehensive income 0 0 0 0 0 0 1,087 1,087
Dividends paid 0 0 0 0 0 (1,133) 0 (1,133)
Stock compensation expense 0 0 182 0 0 0 0 182
ESOP shares allocated 0 0 (43) 143 0 0 0 100
Treasury stock purchased 0 0 0 0 (408) 0 0 (408)
Balance at Jun. 30, 2025 $ 0 $ 85 $ 108,590 $ (3,724) $ (11,925) $ 105,470 $ (17,858) $ 180,638