v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - 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) 12,603           12,603
Unearned ESOP shares allocation 53       53    
Stock-based awards - common stock:              
Restricted stock expense (benefit), net of tax impact 358       358    
Stock option expense 38       38    
Other comprehensive income, net 25         25  
Dividends declared on:              
Preferred stock (1,541)           (1,541)
Common stock (1,323)           (1,323)
Ending 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) (22,937)           (22,937)
Non-qualified stock purchase plan 67       67    
Repurchase of common stock (335)       (335)    
Unearned ESOP shares allocation 193       193    
Stock-based awards - common stock:              
Restricted stock expense (benefit), net of tax impact (161)       (161)    
Stock option expense 260       260    
Other comprehensive income, net 996         996  
Dividends declared on:              
Preferred stock (771)           (771)
Common stock (663)           (663)
Ending balance at Dec. 31, 2025 $ 87,569 $ 6,161 $ 3,123 $ 6,446 $ 54,036 $ (1,960) $ 19,763