v3.25.2
Benefits Plans (Tables)
6 Months Ended
Jun. 30, 2025
Benefits Plans  
Schedule of components of net pension periodic expense

    

Three Months Ended June 30, 

 

Six Months Ended June 30, 

    

2025

    

2024

 

2025

    

2024

(Dollars In Thousands)

 

(Dollars In Thousands)

Net periodic pension expense:

  

 

  

  

 

  

Service cost

$

26

$

23

$

47

$

57

Interest cost

 

24

21

 

43

 

43

Actuarial gain recognized

 

(5)

(13)

 

(15)

 

(26)

Total net periodic pension expense included in other non-interest expenses

$

45

$

31

$

75

$

74

Summary of ESOP shares

    

June 30, 

December 31, 

    

2025

    

2024

Allocated shares

868,678

 

781,762

Shares committed to be released

43,456

 

86,916

Unearned shares

565,275

 

608,731

Total ESOP Shares

1,477,409

 

1,477,409

Less allocated shares distributed to former or retired employees

(188,412)

 

(165,644)

Total ESOP Shares Held by Trustee

1,288,997

 

1,311,765

Fair value of unearned shares

$

13,139,817

$

14,889,560