v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Unearned ESOP Shares
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Total
Balance at beginning of period at Dec. 31, 2023 $ 142 $ 109,924 $ (6,563) $ 175,505 $ 317 $ 279,325
Balance at beginning of period (shares) at Dec. 31, 2023 14,144,856          
Increase (Decrease) in Stockholders' Equity            
Net Income (Loss)       11,374   11,374
Other comprehensive income (loss)         3 3
Cash dividend declared       (1,337)   (1,337)
Stock repurchases $ (1) (1,250)       (1,251)
Stock repurchases (shares) (80,060)          
Compensation expense related to restricted stock awards   252       252
Compensation expense related to stock options   192       192
Stock option exercise   14       14
Stock option exercise (shares) 1,000          
ESOP shares earned   135 217     352
Balance at end of period at Mar. 31, 2024 $ 141 109,267 (6,346) 185,542 320 288,924
Balance at end of period (shares) at Mar. 31, 2024 14,065,796          
Balance at beginning of period at Dec. 31, 2023 $ 142 109,924 (6,563) 175,505 317 279,325
Balance at beginning of period (shares) at Dec. 31, 2023 14,144,856          
Increase (Decrease) in Stockholders' Equity            
Net Income (Loss)           24,172
Other comprehensive income (loss)           6
Balance at end of period at Jun. 30, 2024 $ 140 108,630 (6,128) 197,010 323 299,975
Balance at end of period (shares) at Jun. 30, 2024 13,990,602          
Balance at beginning of period at Mar. 31, 2024 $ 141 109,267 (6,346) 185,542 320 288,924
Balance at beginning of period (shares) at Mar. 31, 2024 14,065,796          
Increase (Decrease) in Stockholders' Equity            
Net Income (Loss)       12,798   12,798
Other comprehensive income (loss)         3 3
Cash dividend declared       (1,330)   (1,330)
Stock repurchases $ (1) (1,222)       (1,223)
Stock repurchases (shares) (75,194)          
Compensation expense related to restricted stock awards   252       252
Compensation expense related to stock options   192       192
ESOP shares earned   141 218     359
Balance at end of period at Jun. 30, 2024 $ 140 108,630 (6,128) 197,010 323 299,975
Balance at end of period (shares) at Jun. 30, 2024 13,990,602          
Balance at beginning of period at Dec. 31, 2024 $ 140 110,091 (6,088) 213,974 224 318,341
Balance at beginning of period (shares) at Dec. 31, 2024 14,016,254          
Increase (Decrease) in Stockholders' Equity            
Net Income (Loss)       10,567   10,567
Other comprehensive income (loss)         (13) (13)
Cash dividend declared       (2,683)   (2,683)
Compensation expense related to restricted stock awards   293       293
Compensation expense related to stock options   185       185
Stock option exercise (shares) 7,122          
ESOP shares earned   302 218     520
Balance at end of period at Mar. 31, 2025 $ 140 110,871 (5,870) 221,858 211 327,210
Balance at end of period (shares) at Mar. 31, 2025 14,023,376          
Balance at beginning of period at Dec. 31, 2024 $ 140 110,091 (6,088) 213,974 224 318,341
Balance at beginning of period (shares) at Dec. 31, 2024 14,016,254          
Increase (Decrease) in Stockholders' Equity            
Net Income (Loss)           21,737
Other comprehensive income (loss)           (4)
Balance at end of period at Jun. 30, 2025 $ 140 111,624 (5,653) 230,345 220 336,676
Balance at end of period (shares) at Jun. 30, 2025 14,023,376          
Balance at beginning of period at Mar. 31, 2025 $ 140 110,871 (5,870) 221,858 211 327,210
Balance at beginning of period (shares) at Mar. 31, 2025 14,023,376          
Increase (Decrease) in Stockholders' Equity            
Net Income (Loss)       11,170   11,170
Other comprehensive income (loss)         9 9
Cash dividend declared       (2,683)   (2,683)
Compensation expense related to restricted stock awards   293       293
Compensation expense related to stock options   186       186
ESOP shares earned   274 217     491
Balance at end of period at Jun. 30, 2025 $ 140 $ 111,624 $ (5,653) $ 230,345 $ 220 $ 336,676
Balance at end of period (shares) at Jun. 30, 2025 14,023,376