Completion of Plan of Conversion

3 Months Ended

Mar. 31, 2014

Completion Of Plan Of Conversion [Abstract]

Completion of Plan of Conversion

13.     Completion of Plan of Conversion

On January 18, 2012, Cheviot Financial Corp., a Maryland corporation (the “Corporation”), completed its second-step conversion and related public stock offering. Cheviot Savings Bank is now 100% owned by the Corporation and the Corporation is 100% owned by public stockholders. The Corporation sold a total of 4,675,000 shares of common stock in a subscription, community and syndicated community offerings, including 187,000 shares to the Corporation’s employee stock ownership plan. All shares were sold at a purchase price of $8.00 per share.