v3.25.2
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Common Stock [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Additional Paid-in Capital [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Retained Earnings [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
AOCI Attributable to Parent [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Deferred Compensation, Share-Based Payments [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Deferred Compensation, Share-Based Payments [Member]
Total
Balance (in shares) at Dec. 31, 2023             17,677,479          
Balance at Dec. 31, 2023             $ 177 $ 124,129 $ 106,285 $ (1,496) $ (7,193) $ 221,902
Net income             0 0 1,673 0 0 1,673
Other comprehensive income (loss)             0 0 0 (141) 0 (141)
Stock-based compensation expense, net of forfeitures             $ 0 523 0 0 0 523
Shares surrendered related to tax withholdings on restricted stock awards (in shares)             (23,067)          
Shares surrendered related to tax withholdings on restricted stock awards             $ 0 (42) 0 0 0 (42)
ESOP shares earned             0 73 0 0 360 433
Dividends forfeited             $ 0 0 5 0 0 $ 5
Stock options exercised, net (in shares)             12,915         124,346
Stock options exercised, net             $ 0 (18) 0 0 0 $ (18)
Balance (in shares) (Accounting Standards Update 2016-13 [Member]) at Jun. 30, 2024 17,667,327                      
Balance (in shares) at Jun. 30, 2024             17,667,327          
Balance (Accounting Standards Update 2016-13 [Member]) at Jun. 30, 2024 $ 177 $ 124,665 $ 107,963 $ (1,637) $ (6,833) $ 224,335            
Balance at Jun. 30, 2024             $ 177 124,665 107,963 (1,637) (6,833) 224,335
Balance (in shares) at Dec. 31, 2023             17,677,479          
Balance at Dec. 31, 2023             $ 177 124,129 106,285 (1,496) (7,193) 221,902
Balance (in shares) at Dec. 31, 2024             17,788,543          
Balance at Dec. 31, 2024             $ 178 125,446 113,561 (1,625) (6,473) 231,087
Balance (in shares) at Mar. 31, 2024             17,659,146          
Balance at Mar. 31, 2024             $ 177 124,415 111,266 (1,602) (7,013) 227,243
Net income             0 0 (3,308) 0 0 (3,308)
Other comprehensive income (loss)             0 0 0 (35) 0 (35)
Stock-based compensation expense, net of forfeitures             $ 0 262 0 0 0 262
Shares surrendered related to tax withholdings on restricted stock awards (in shares)             (4,734)          
Shares surrendered related to tax withholdings on restricted stock awards             $ 0 (22) 0 0 0 (22)
ESOP shares earned             0 28 0 0 180 208
Dividends forfeited             $ 0 0 5 0 0 $ 5
Stock options exercised, net (in shares)             12,915         124,346
Stock options exercised, net             $ 0 (18) 0 0 0 $ (18)
Balance (in shares) (Accounting Standards Update 2016-13 [Member]) at Jun. 30, 2024 17,667,327                      
Balance (in shares) at Jun. 30, 2024             17,667,327          
Balance (Accounting Standards Update 2016-13 [Member]) at Jun. 30, 2024 $ 177 $ 124,665 $ 107,963 $ (1,637) $ (6,833) $ 224,335            
Balance at Jun. 30, 2024             $ 177 124,665 107,963 (1,637) (6,833) 224,335
Balance (in shares) at Dec. 31, 2024             17,788,543          
Balance at Dec. 31, 2024             $ 178 125,446 113,561 (1,625) (6,473) 231,087
Net income             0 0 4,994 0 0 4,994
Other comprehensive income (loss)             0 0 0 47 0 47
Stock-based compensation expense, net of forfeitures             $ 0 730 0 0 0 730
Restricted stock forfeitures (in shares)             (2,500)          
Restricted stock forfeitures             $ 0 0 0 0 0 0
Shares surrendered related to tax withholdings on restricted stock awards (in shares)             (505)          
Shares surrendered related to tax withholdings on restricted stock awards             $ 0 (5) 0 0 0 (5)
ESOP shares earned             $ 0 158 0 0 360 $ 518
Stock options exercised, net (in shares)                       (0)
Balance (in shares) at Jun. 30, 2025             17,785,538          
Balance at Jun. 30, 2025             $ 178 126,329 118,555 (1,578) (6,113) $ 237,371
Balance (in shares) at Mar. 31, 2025             17,788,543          
Balance at Mar. 31, 2025             $ 178 125,895 115,731 (1,476) (6,293) 234,035
Net income             0 0 2,824 0 0 2,824
Other comprehensive income (loss)             0 0 0 (102) 0 (102)
Stock-based compensation expense, net of forfeitures             $ 0 364 0 0 0 364
Restricted stock forfeitures (in shares)             (2,500)          
Restricted stock forfeitures             $ 0 0 0 0 0 0
Shares surrendered related to tax withholdings on restricted stock awards (in shares)             (505)          
Shares surrendered related to tax withholdings on restricted stock awards             $ 0 (5) 0 0 0 (5)
ESOP shares earned             $ 0 75 0 0 180 $ 255
Stock options exercised, net (in shares)                       0
Balance (in shares) at Jun. 30, 2025             17,785,538          
Balance at Jun. 30, 2025             $ 178 $ 126,329 $ 118,555 $ (1,578) $ (6,113) $ 237,371