XML 12 R6.htm IDEA: XBRL DOCUMENT v3.24.3
Statements of Changes in Shareholders' Equity (unaudited) - USD ($)
$ in Thousands
Total
Cumulative Effect Accounting Adjustment
Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative Effect Accounting Adjustment
Accumulated Other Comprehensive Income (loss)
Unallocated Common Stock Held by ESOP
Beginning balance at Dec. 31, 2022 $ 162,730 $ (677) $ 92 $ 89,286 $ 80,076 $ (677) $ 249 $ (6,973)
Beginning Balance, shares at Dec. 31, 2022     9,175,247          
Net income 3,667       3,667      
Other comprehensive loss, net of tax (3)           (3)  
ESOP shares committed to be released 365     91       274
Shares repurchased under share repurchase plan (590)   $ (1) (589)        
Shares repurchased under share repurchase plan, shares     (49,242)          
Restricted stock awards issued     $ 1 (1)        
Restricted stock awards issued, shares     69,984          
Stock-based compensation 20     20        
Ending balance at Sep. 30, 2023 165,512   $ 92 88,807 83,066   246 (6,699)
Ending Balance, shares at Sep. 30, 2023     9,195,989          
Beginning balance at Jun. 30, 2023 164,629   $ 92 89,355 81,725   248 (6,791)
Beginning Balance, shares at Jun. 30, 2023     9,175,247          
Net income 1,341       1,341      
Other comprehensive loss, net of tax (2)           (2)  
ESOP shares committed to be released 114     22       92
Shares repurchased under share repurchase plan (590)   $ (1) (589)        
Shares repurchased under share repurchase plan, shares     (49,242)          
Restricted stock awards issued     $ 1 (1)        
Restricted stock awards issued, shares     69,984          
Stock-based compensation 20     20        
Ending balance at Sep. 30, 2023 165,512   $ 92 88,807 83,066   246 (6,699)
Ending Balance, shares at Sep. 30, 2023     9,195,989          
Beginning balance at Dec. 31, 2023 $ 164,901   $ 93 87,431 83,854   129 (6,606)
Beginning Balance, shares at Dec. 31, 2023 9,291,810   9,291,810          
Net income $ 2,545       2,545      
Other comprehensive loss, net of tax (910)           (910)  
ESOP shares committed to be released 356     81       275
Shares repurchased under share repurchase plan (1,820)   $ (1) (1,819)        
Shares repurchased under share repurchase plan, shares     (140,530)          
Restricted stock awards issued, shares     1,000          
Stock-based compensation 977     977        
Ending balance at Sep. 30, 2024 $ 166,049   $ 92 86,670 86,399   (781) (6,331)
Ending Balance, shares at Sep. 30, 2024 9,152,280   9,152,280          
Beginning balance at Jun. 30, 2024 $ 166,464   $ 92 86,974 85,266   556 (6,424)
Beginning Balance, shares at Jun. 30, 2024     9,200,219          
Net income 1,133       1,133      
Other comprehensive loss, net of tax (1,337)           (1,337)  
ESOP shares committed to be released 125     32       93
Shares repurchased under share repurchase plan (664)     (664)        
Shares repurchased under share repurchase plan, shares     (48,939)          
Restricted stock awards issued, shares     1,000          
Stock-based compensation 328     328        
Ending balance at Sep. 30, 2024 $ 166,049   $ 92 $ 86,670 $ 86,399   $ (781) $ (6,331)
Ending Balance, shares at Sep. 30, 2024 9,152,280   9,152,280