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Condensed Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Stock Held by Rabbi Trust
Unearned ESOP Share
Total
Balance at Dec. 31, 2020 $ 26 $ 11,954 $ 20,256 $ (1,415) $ (614) $ (31) $ (290) $ 29,886
Increase (decrease) in stockholders' equity                
Net income     353         353
Proceeds from issuance of 1,477,575 shares of commons stock (which included 109,450 shares related to the ESOP), net of the offering cost of $1.65 million   13,128       (1,104)   12,024
Treasury Stock retired   (614)     $ 614      
Other comprehensive income (loss)       10       10
Purchase of common stock for SERPs             (337) (337)
ESOP shares committed to be released           11   11
Balance at Mar. 31, 2021 26 24,468 20,609 (1,405)   (1,124) (627) 41,947
Balance at Dec. 31, 2021 26 24,494 21,669 (966)   (1,090) (654) 43,479
Increase (decrease) in stockholders' equity                
Net income     396         396
Other comprehensive income (loss)       (1,774)       (1,774)
ESOP shares committed to be released   2       12   14
Balance at Mar. 31, 2022 $ 26 $ 24,496 $ 22,065 $ (2,740)   $ (1,078) $ (654) $ 42,115