v3.26.1
Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Schedule of Employee Stock Ownership Plan (ESOP) Disclosures
ESOP expense for the years ended December 31, 2025 and 2024 was $738,000 and $661,000, respectively.

December 31, 2025December 31, 2024
Earned ESOP shares347,201 293,095 
Unearned ESOP shares734,929 789,035 
Total ESOP shares1,082,130 1,082,130 
Quoted per share price$14.04 $14.15 
Fair value of earned shares (in thousands)$4,875 $4,147 
Fair value of unearned shares (in thousands)$10,318 $11,165 
Schedule of Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
The following table summarizes the restricted stock awards activity in the 2020 EIP for the year ended December 31, 2025.
Year Ended December 31, 2025
Number of Restricted SharesWeighted Average Grant Date Fair Value
Non-vested, beginning of year83,379$10.55 
Granted88,37913.11 
Vested(83,379)10.55 
Forfeited— 
Non-vested, end of year88,379$13.11 
Schedule of Disclosure of Share-based Compensation Arrangements by Share-based Payment Award
The following table summarizes the stock option activity in the 2020 EIP during the year ended December 31, 2025.
2025
Number of SharesWeighted-Average Exercise Price
Balance at beginning of year1,016,497$10.55 
Granted55,46713.37 
Exercised(108,213)10.53 
Forfeited/expired(202,899)10.53 
Balance at end of year760,85210.76 
Exercisable at end of year705,385$10.56 
Schedule of Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value of options granted is estimated on the date of grant using a Black Scholes model with the following assumptions:
July 15, 2025
Dividend yields4.49 %
Volatility factors of expected market price of common stock30.00 %
Risk-free interest rates4.16 %
Expected life of options6.5 years
Schedule of Nonvested Share Activity
A summary of the status of the Company stock option shares as of December 31, 2025 is presented below.
SharesWeighted Average Grant Date Fair Value
Non-vested, beginning of year204,096$2.91 
Vested(204,096)2.91 
Granted55,4673.00 
Forfeited— 
Non-vested, end of year55,467$3.00