v3.26.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Unallocated Common Stock Held By ESOP
Balance at Dec. 31, 2024 $ 326,255 $ 198 $ 193,571 $ 165,912 $ (16,211) $ (17,215)
Shares outstanding, Beginning Balance at Dec. 31, 2024   19,837,500        
Comprehensive income (loss):            
Net income (loss) 705     705    
Other comprehensive income (loss), net of tax 4,267       4,267  
Total comprehensive income (loss) 4,972          
ESOP shares committed to be released 182   3     179
Shares outstanding, Ending Balance at Mar. 31, 2025   19,837,500        
Balance at Mar. 31, 2025 331,409 $ 198 193,574 166,617 (11,944) (17,036)
Balance at Dec. 31, 2024 326,255 $ 198 193,571 165,912 (16,211) (17,215)
Shares outstanding, Beginning Balance at Dec. 31, 2024   19,837,500        
Comprehensive income (loss):            
Net income (loss) 1,584          
Total comprehensive income (loss) 5,475          
Shares outstanding, Ending Balance at Jun. 30, 2025   19,837,500        
Balance at Jun. 30, 2025 332,086 $ 198 193,569 167,496 (12,320) (16,857)
Balance at Mar. 31, 2025 331,409 $ 198 193,574 166,617 (11,944) (17,036)
Shares outstanding, Beginning Balance at Mar. 31, 2025   19,837,500        
Comprehensive income (loss):            
Net income (loss) 879     879    
Other comprehensive income (loss), net of tax (376)       (376)  
Total comprehensive income (loss) 503          
ESOP shares committed to be released 174   (5)     179
Shares outstanding, Ending Balance at Jun. 30, 2025   19,837,500        
Balance at Jun. 30, 2025 332,086 $ 198 193,569 167,496 (12,320) (16,857)
Balance at Dec. 31, 2025 314,450 $ 181 171,503 167,165 (7,901) (16,498)
Shares outstanding, Beginning Balance at Dec. 31, 2025   18,089,741        
Comprehensive income (loss):            
Net income (loss) 119     119    
Other comprehensive income (loss), net of tax (3,043)       (3,043)  
Total comprehensive income (loss) (2,924)          
Repurchase of common stock, shares   (1,074,553)        
Repurchase of common stock (14,317) $ (11) (14,306)      
Stock-based compensation 301   301      
ESOP shares committed to be released 209   30     179
Shares outstanding, Ending Balance at Mar. 31, 2026   17,015,188        
Balance at Mar. 31, 2026 297,719 $ 170 157,528 167,284 (10,944) (16,319)
Balance at Dec. 31, 2025 314,450 $ 181 171,503 167,165 (7,901) (16,498)
Shares outstanding, Beginning Balance at Dec. 31, 2025   18,089,741        
Comprehensive income (loss):            
Net income (loss) 49          
Total comprehensive income (loss) (4,466)          
Shares outstanding, Ending Balance at Jun. 30, 2026   16,068,375        
Balance at Jun. 30, 2026 283,816 $ 161 144,997 167,214 (12,416) (16,140)
Balance at Mar. 31, 2026 297,719 $ 170 157,528 167,284 (10,944) (16,319)
Shares outstanding, Beginning Balance at Mar. 31, 2026   17,015,188        
Comprehensive income (loss):            
Net income (loss) (70)     (70)    
Other comprehensive income (loss), net of tax (1,472)       (1,472)  
Total comprehensive income (loss) (1,542)          
Repurchase of common stock, shares   (946,813)        
Repurchase of common stock (13,262) $ (9) (13,253)      
Stock-based compensation 676   676      
ESOP shares committed to be released 225   46     179
Shares outstanding, Ending Balance at Jun. 30, 2026   16,068,375        
Balance at Jun. 30, 2026 $ 283,816 $ 161 $ 144,997 $ 167,214 $ (12,416) $ (16,140)