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Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Unearned ESOP Shares
Retained Earnings
Accumulated Other Comprehensive (Loss)/Income
Total
Balance at Dec. 31, 2022 $ 91 $ 51,825 $ (2,936) $ 215,314 $ (7,744) $ 256,550
Balance (in shares) at Dec. 31, 2022 9,071,076          
Increase (Decrease) in Stockholders' Equity            
Net (loss) income       2,316   2,316
Other comprehensive (loss) income         337 337
Cumulative change in accounting principle (1)       (2,319)   (2,319)
Cash dividends declared       (1,975)   (1,975)
Share-based compensation   (42)       (42)
Share-based compensation (in shares) 4,540          
Allocation of ESOP shares   159 122     281
Repurchase of shares of common stock $ (1) (1,386)       (1,387)
Repurchase of shares of common stock (in shares) (69,065)          
Balance at Mar. 31, 2023 $ 90 50,556 (2,814) 213,336 (7,407) 253,761
Balance (in shares) at Mar. 31, 2023 9,006,551          
Balance at Dec. 31, 2023 $ 88 48,022 (2,447) 211,644 (6,221) 251,086
Balance (in shares) at Dec. 31, 2023 8,826,613          
Increase (Decrease) in Stockholders' Equity            
Net (loss) income       (482)   (482)
Other comprehensive (loss) income         (396) (396)
Cash dividends declared       (391)   (391)
Share-based compensation   81       81
Allocation of ESOP shares   (5) 123     118
Balance at Mar. 31, 2024 $ 88 $ 48,098 $ (2,324) $ 210,771 $ (6,617) $ 250,016
Balance (in shares) at Mar. 31, 2024 8,826,613