v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Unallocated Common Stock Held by Benefit Plans
Retained Earnings
Accumulated Other Comprehensive Loss
Total
Beginning Balance at Dec. 31, 2024 $ 43 $ 39,561 $ (5,702) $ 49,860 $ (3,558) $ 80,204
Beginning Balance (in shares) at Dec. 31, 2024 4,278,150          
CHANGES IN SHAREHOLDERS' EQUITY            
Net income       1,107   1,107
Other comprehensive income (loss)         686 686
ESOP shares released for allocation   18 106     124
Stock compensation expense   286       286
Repurchase of common stock $ (2) (1,606)       (1,608)
Repurchase of common stock (in shares) (135,334)          
Ending Balance at Jun. 30, 2025 $ 41 38,259 (5,596) 50,967 (2,872) 80,799
Ending Balance (in shares) at Jun. 30, 2025 4,142,816          
Beginning Balance at Mar. 31, 2025 $ 42 38,844 (5,649) 50,446 (3,092) 80,591
Beginning Balance (in shares) at Mar. 31, 2025 4,205,201          
CHANGES IN SHAREHOLDERS' EQUITY            
Net income       521   521
Other comprehensive income (loss)         220 220
ESOP shares released for allocation   9 53     62
Stock compensation expense   147       147
Repurchase of common stock $ (1) (741)       (742)
Repurchase of common stock (in shares) (62,385)          
Ending Balance at Jun. 30, 2025 $ 41 38,259 (5,596) 50,967 (2,872) 80,799
Ending Balance (in shares) at Jun. 30, 2025 4,142,816          
Beginning Balance at Dec. 31, 2025 $ 41 37,363 (5,182) 51,912 (2,409) $ 81,725
Beginning Balance (in shares) at Dec. 31, 2025 4,074,911         4,074,911
CHANGES IN SHAREHOLDERS' EQUITY            
Net income       1,082   $ 1,082
Other comprehensive income (loss)         (138) (138)
ESOP shares released for allocation   65 106     171
2022 Recognition and Retention Plan shares released for allocation   (68) 68      
Stock compensation expense   343       343
Repurchase of common stock $ (1) (652)       (653)
Repurchase of common stock (in shares) (40,820)          
Ending Balance at Jun. 30, 2026 $ 40 37,051 (5,008) 52,994 (2,547) $ 82,530
Ending Balance (in shares) at Jun. 30, 2026 4,034,091         4,034,091
Beginning Balance at Mar. 31, 2026 $ 41 37,303 (5,129) 52,470 (2,476) $ 82,209
Beginning Balance (in shares) at Mar. 31, 2026 4,058,297          
CHANGES IN SHAREHOLDERS' EQUITY            
Net income       524   524
Other comprehensive income (loss)         (71) (71)
ESOP shares released for allocation   33 53     86
2022 Recognition and Retention Plan shares released for allocation   (68) 68      
Stock compensation expense   175       175
Repurchase of common stock $ (1) (392)       (393)
Repurchase of common stock (in shares) (24,206)          
Ending Balance at Jun. 30, 2026 $ 40 $ 37,051 $ (5,008) $ 52,994 $ (2,547) $ 82,530
Ending Balance (in shares) at Jun. 30, 2026 4,034,091         4,034,091