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Retirement Plans (Tables)
6 Months Ended
Jun. 30, 2024
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, 2024

 

 

December 31, 2023

 

 

 

Number of Shares

 

 

Fair Value

 

 

Number of Shares

 

 

Fair Value

 

Allocated shares

 

 

412,169

 

 

$

473,994

 

 

 

412,169

 

 

$

614,131

 

Committed to be released shares

 

 

9,322

 

 

 

10,721

 

 

 

 

 

 

 

Total Allocated and Committed-to-be-Released

 

 

421,491

 

 

$

484,715

 

 

 

412,169

 

 

$

614,131

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unallocated shares

 

 

237,721

 

 

 

273,379

 

 

 

247,043

 

 

 

368,094

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total ESOP Shares

 

 

659,212

 

 

$

758,094

 

 

 

659,212

 

 

$

982,225