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Retirement Plans (Tables)
6 Months Ended
Jun. 30, 2022
Retirement Benefits [Abstract]  
Summary of Shares Allocations are Accounted For Fair Value on The Date of Allocations

The share allocations are accounted for at fair value on the date of allocation as follows:

 

 

 

June 30, 2022

 

 

December 31, 2021

 

 

 

Number of Shares

 

 

Fair Value

 

 

Number of Shares

 

 

Fair Value

 

Allocated shares

 

 

247,605

 

 

$

430,833

 

 

 

247,606

 

 

$

517,496

 

Committed to be released shares

 

 

7,077

 

 

 

12,314

 

 

 

-

 

 

 

-

 

Total Allocated and Committed-to-be-Released

 

 

254,682

 

 

$

443,147

 

 

 

247,606

 

 

$

517,496

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unallocated shares

 

 

424,621

 

 

 

738,840

 

 

 

431,697

 

 

 

902,247

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total ESOP Shares

 

 

679,303

 

 

$

1,181,987

 

 

 

679,303

 

 

$

1,419,743