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Retirement Plans (Tables)
12 Months Ended
Dec. 31, 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:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

 

 

Number of Shares

 

 

Fair Value

 

 

Number of Shares

 

 

Fair Value

 

Allocated shares

 

 

538,511

 

 

$

501,569

 

 

 

412,169

 

 

$

614,131

 

Committed to be released shares

 

 

-

 

 

 

 

 

 

 

 

 

 

Total Allocated and Committed-to-be-Released

 

 

538,511

 

 

$

501,569

 

 

 

412,169

 

 

$

614,131

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unallocated shares

 

 

120,701

 

 

 

112,421

 

 

 

247,043

 

 

 

368,094

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total ESOP Shares

 

 

659,212

 

 

$

613,990

 

 

 

659,212

 

 

$

982,225