v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Previously Reported
Revision of Prior Period, Error Correction, Adjustment
Preferred Stock
Preferred Stock, Series A
Preferred Stock
Preferred Stock, Series A
Previously Reported
Preferred Stock
Preferred Stock, Series B
Preferred Stock
Preferred Stock, Series B
Previously Reported
Preferred Stock
Preferred Stock, Series C
Preferred Stock
Preferred Stock, Series C
Previously Reported
Common Stock, Additional Paid-in Capital, and Unearned Compensation
Common Stock, Additional Paid-in Capital, and Unearned Compensation
Previously Reported
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Previously Reported
Retained Earnings
Retained Earnings
Previously Reported
Retained Earnings
Revision of Prior Period, Error Correction, Adjustment
Beginning balance at Dec. 31, 2023 $ 98,759 $ 100,707 $ (1,948) $ 6,161 $ 6,161 $ 3,123 $ 3,123 $ 6,446 $ 6,446 $ 53,563 $ 53,563 $ (2,981) $ (2,981) $ 32,447 $ 34,395 $ (1,948)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) 10,190 12,603 (2,413)                     10,190    
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 106,559 110,920 (4,361) 6,161   3,123   6,446   54,012   (2,956)   39,773 44,134 (4,361)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) (938) (335) (603)                          
Ending balance at Mar. 31, 2025 105,121 110,085 (4,964)                     38,118 43,082 (4,964)
Beginning balance at Dec. 31, 2024 106,559 110,920 (4,361) 6,161   3,123   6,446   54,012   (2,956)   39,773 44,134 (4,361)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) (2,792) (1,572) (1,220)                          
Ending balance at Jun. 30, 2025 102,642 108,223 (5,581)                     35,547 41,128 (5,581)
Beginning balance at Dec. 31, 2024 106,559 110,920 (4,361) 6,161   3,123   6,446   54,012   (2,956)   39,773 44,134 (4,361)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) (21,869) (20,474) (1,395)                          
Ending balance at Sep. 30, 2025 83,972 89,728 (5,756)                     16,085 21,841 (5,756)
Beginning balance at Dec. 31, 2024 106,559 110,920 (4,361) 6,161   3,123   6,446   54,012   (2,956)   39,773 44,134 (4,361)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) (24,565) (22,937) (1,628)                     (24,565)    
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 81,580 87,569 (5,989) $ 6,161   $ 3,123   $ 6,446   $ 54,036   $ (1,960)   13,774 19,763 (5,989)
Beginning balance at Mar. 31, 2025 105,121 110,085 (4,964)                     38,118 43,082 (4,964)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) (1,854) (1,237) (617)                          
Ending balance at Jun. 30, 2025 102,642 108,223 (5,581)                     35,547 41,128 (5,581)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) (19,077) (18,902) (175)                          
Ending balance at Sep. 30, 2025 $ 83,972 $ 89,728 $ (5,756)                     $ 16,085 $ 21,841 $ (5,756)