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Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Unallocated Common Stock Held by ESOP
Common Stock
Additional Paid-In Capital
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period (in shares) at Dec. 31, 2021       28,522,500          
Balance at beginning of period at Dec. 31, 2021 $ 429,471   $ (21,905) $ 285 $ 282,006 $ 169,457   $ 0 $ (372)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income 2,396         2,396      
Other comprehensive income (loss) (24,347) [1]               (24,347)
Purchase of Treasury stock (in shares)       (1,298,762)          
Purchase of Treasury stock (15,618)             (15,618)  
Treasury stock allocated to restricted stock plan, net of forfeitures (in shares)       299,481          
Treasury stock allocated to restricted stock plan, net of forfeitures 0       (3,456) (90)   3,546  
Compensation cost for stock options and restricted stock 664       664        
ESOP shares committed to be released (91,272 shares) $ 1,152   912   240        
Balance at end of period (in shares) at Dec. 31, 2022 27,523,219     27,523,219          
Balance at end of period at Dec. 31, 2022 $ 393,718   (20,993) $ 285 279,454 171,763   (12,072) (24,719)
Balance at end of period (Accounting Standards Update 2016-13) at Dec. 31, 2022   $ (18)         $ (18)    
Balance at end of period (Accounting Standards Update 2022-02) at Dec. 31, 2022   $ (8)         $ (8)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income (7,397)         (7,397)      
Other comprehensive income (loss) 1,839 [1]               1,839
Purchase of Treasury stock (in shares)       (3,717,949)          
Purchase of Treasury stock (36,268)             (36,268)  
Treasury stock allocated to restricted stock plan, net of forfeitures (in shares)       704,680          
Treasury stock allocated to restricted stock plan, net of forfeitures 0       (8,324)     8,324  
Compensation cost for stock options and restricted stock 2,879       2,879        
ESOP shares committed to be released (91,272 shares) $ 895   913   (18)        
Balance at end of period (in shares) at Dec. 31, 2023 24,509,950     24,509,950          
Balance at end of period at Dec. 31, 2023 $ 355,640   $ (20,080) $ 285 $ 273,991 $ 164,340   $ (40,016) $ (22,880)
[1] Includes a deferred tax valuation allowance equal to the net tax benefit.