v3.26.1
Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Preferred Stock [Member]
Preferred Stock Non-Voting [Member]
Employees, Excluding Directors [Member]
Preferred Stock [Member]
Preferred Stock Non-Voting [Member]
Directors [Member]
Preferred Stock [Member]
Preferred Stock Non-Voting [Member]
Common Stock [Member]
Common Stock Voting [Member]
Employees, Excluding Directors [Member]
Common Stock [Member]
Common Stock Voting [Member]
Directors [Member]
Common Stock [Member]
Common Stock Voting [Member]
Common Stock [Member]
Common Stock Non-Voting [Member]
Employees, Excluding Directors [Member]
Common Stock [Member]
Common Stock Non-Voting [Member]
Directors [Member]
Common Stock [Member]
Common Stock Non-Voting [Member]
Additional Paid-in Capital [Member]
Employees, Excluding Directors [Member]
Additional Paid-in Capital [Member]
Directors [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Loss, Net [Member]
Employees, Excluding Directors [Member]
Accumulated Other Comprehensive Loss, Net [Member]
Directors [Member]
Accumulated Other Comprehensive Loss, Net [Member]
(Accumulated Deficit) Retained Earnings [Member]
Employees, Excluding Directors [Member]
(Accumulated Deficit) Retained Earnings [Member]
Directors [Member]
(Accumulated Deficit) Retained Earnings [Member]
Unearned ESOP Shares [Member]
Employees, Excluding Directors [Member]
Unearned ESOP Shares [Member]
Directors [Member]
Unearned ESOP Shares [Member]
Treasury Stock [Member]
Employees, Excluding Directors [Member]
Treasury Stock [Member]
Directors [Member]
Treasury Stock [Member]
Non-Controlling Interest [Member]
Employees, Excluding Directors [Member]
Non-Controlling Interest [Member]
Directors [Member]
Non-Controlling Interest [Member]
Employees, Excluding Directors [Member]
Directors [Member]
Total
Balance at Dec. 31, 2024     $ 150,000     $ 63     $ 31     $ 142,902     $ (11,223)     $ 12,727     $ (4,201)     $ (5,326)     $ 219     $ 285,192
Net income (loss)     0     0     0     0     0     (1,937)     0     0     (9)     (1,946)
Release of unearned ESOP shares     0     0     0     (13)     0     0     112     0     0     99
Stock-based compensation expense $ 0 $ 0     $ 0   $ 0 $ 0   $ 209 $ 168   $ 0 $ 0   $ 0 $ 0   $ 0 $ 0   $ 0 $ 0   $ 0 $ 0   $ 210 $ 168  
Stock-based compensation expense       $ 1                                                    
Dividends declared and paid - preferred     0     0     0     0     0     (1,500)     0     0     0     (1,500)
Other comprehensive income (loss), net of tax     0     0     0     0     2,666     0     0     0     0     2,666
Balance at Jun. 30, 2025     150,000     64     31     143,266     (8,557)     9,290     (4,089)     (5,326)     210     284,889
Balance at Mar. 31, 2025     150,000     64     31     143,169     (9,508)     9,288     (4,152)     (5,326)     216     283,782
Net income (loss)     0     0     0     0     0     752     0     0     (6)     746
Release of unearned ESOP shares     0     0     0     (14)     0     0     63     0     0     49
Stock-based compensation expense 0           0     111     0     0     0     0     0     111    
Stock-based compensation expense       0                                                    
Dividends declared and paid - preferred     0     0     0     0     0     (750)     0     0     0     (750)
Other comprehensive income (loss), net of tax     0     0     0     0     951     0     0     0     0     951
Balance at Jun. 30, 2025     150,000     64     31     143,266     (8,557)     9,290     (4,089)     (5,326)     210     284,889
Balance at Dec. 31, 2025     150,000     64     31     143,194     (6,105)     (15,238)     (3,869)     (5,326)     206     262,957
Net income (loss)     0     0     0     0     0     2,127     0     0     171     2,298
Release of unearned ESOP shares     0     0     0     20     0     0     126     0     0     146
Stock-based compensation expense 0 $ 0     $ 0   0 $ 0   112 $ 168   0 $ 0   0 $ 0   0 $ 0   0 $ 0   0 $ 0   113 $ 168  
Stock-based compensation expense       1                                                    
Dividends declared and paid - preferred     0     0     0     0     0     (1,500)     0     0     0     (1,500)
City First Bank Fund Manager II Distribution     0     0     0     0     0     0     0     0     (200)     (200)
Other comprehensive income (loss), net of tax     0     0     0     0     (1,501)     0     0     0     0     (1,501)
Balance at Jun. 30, 2026     150,000     65     31     143,494     (7,606)     (14,611)     (3,743)     (5,326)     177     262,481
Balance at Mar. 31, 2026     150,000     65     31     143,520     (7,175)     (14,829)     (3,806)     (5,326)     192     262,672
Net income (loss)     0     0     0     0     0     968     0     0     185     1,153
Release of unearned ESOP shares     0     0     0     (5)     0     0     63     0     0     58
Stock-based compensation expense $ 0           $ 0     $ (21)     $ 0     $ 0     $ 0     $ 0     $ 0     $ (21)    
Stock-based compensation expense       $ 0                                                    
Dividends declared and paid - preferred     0     0     0     0     0     (750)     0     0     0     (750)
City First Bank Fund Manager II Distribution     0     0     0     0     0     0     0     0     (200)     (200)
Other comprehensive income (loss), net of tax     0     0     0     0     (431)     0     0     0     0     (431)
Balance at Jun. 30, 2026     $ 150,000     $ 65     $ 31     $ 143,494     $ (7,606)     $ (14,611)     $ (3,743)     $ (5,326)     $ 177     $ 262,481