v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Preferred Stock
Preferred Stock, Series A
Preferred Stock
Preferred Stock, Series B
Preferred Stock
Preferred Stock, Series C
Common Stock, Additional Paid-in Capital, and Unearned Compensation
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Beginning balance at Dec. 31, 2023 $ 100,707 $ 6,161 $ 3,123 $ 6,446 $ 53,563 $ (2,981) $ 34,395
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 1,690           1,690
Unearned ESOP shares allocation (44)       (44)    
Stock-based awards - common stock:              
Restricted stock expense, net of tax impact 151       151    
Stock option expense 22       22    
Other comprehensive income (loss), net (132)         (132)  
Dividends declared on:              
Preferred stock (771)           (771)
Common stock (661)           (661)
Ending balance at Jun. 30, 2024 100,962 6,161 3,123 6,446 53,692 (3,113) 34,653
Beginning balance at Mar. 31, 2024 100,629 6,161 3,123 6,446 53,584 (3,188) 34,503
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 866           866
Stock-based awards - common stock:              
Restricted stock expense, net of tax impact 99       99    
Stock option expense 9       9    
Other comprehensive income (loss), net 75         75  
Dividends declared on:              
Preferred stock (386)           (386)
Common stock (330)           (330)
Ending balance at Jun. 30, 2024 100,962 6,161 3,123 6,446 53,692 (3,113) 34,653
Beginning balance at Dec. 31, 2024 110,920 6,161 3,123 6,446 54,012 (2,956) 44,134
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (1,572)           (1,572)
Repurchase of common stock (335)       (335)    
Stock-based awards - common stock:              
Restricted stock expense, net of tax impact (18)       (18)    
Stock option expense 74       74    
Other comprehensive income (loss), net 588         588  
Dividends declared on:              
Preferred stock (771)           (771)
Common stock (663)           (663)
Ending balance at Jun. 30, 2025 108,223 6,161 3,123 6,446 53,733 (2,368) 41,128
Beginning balance at Mar. 31, 2025 110,085 6,161 3,123 6,446 53,651 (2,378) 43,082
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (1,237)           (1,237)
Stock-based awards - common stock:              
Restricted stock expense, net of tax impact 13       13    
Stock option expense 69       69    
Other comprehensive income (loss), net 10         10  
Dividends declared on:              
Preferred stock (386)           (386)
Common stock (331)           (331)
Ending balance at Jun. 30, 2025 $ 108,223 $ 6,161 $ 3,123 $ 6,446 $ 53,733 $ (2,368) $ 41,128