Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Stockholder's Equity (Unaudited)

v3.22.2.2
Consolidated Statements of Changes in Stockholder's Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2020 $ 0 $ 29,987 $ 10,441 $ 111,261 $ 151,689
Net income 0 0 0 4,543 4,543
Other comprehensive loss, net of tax (6,461) 0 (6,461)
Net surrender value of restricted stock awards 0 (68) 0 0 (68)
Stock-based compensation expense 146 146
Cash dividends 0 0 0 (1,079) (1,079)
Balance at Mar. 31, 2021 0 30,065 3,980 114,725 148,770
Balance at Dec. 31, 2020 0 29,987 10,441 111,261 151,689
Net income         8,114
Balance at Jun. 30, 2021 0 30,141 8,209 117,219 155,569
Balance at Mar. 31, 2021 0 30,065 3,980 114,725 148,770
Net income 0 0 0 3,571 3,571
Other comprehensive loss, net of tax 4,229 0 4,229
Net surrender value of restricted stock awards 0 (63) 0 0 (63)
Stock-based compensation expense 139 139
Cash dividends 0 0 0 (1,077) (1,077)
Balance at Jun. 30, 2021 0 30,141 8,209 117,219 155,569
Balance at Dec. 31, 2021 0 30,430 4,276 121,909 156,615
Net income 0 0 0 2,135 2,135
Other comprehensive loss, net of tax (37,738) (37,738)
Net surrender value of restricted stock awards (115) (115)
Stock-based compensation expense 0 169 0 0 169
Cash dividends 0 0 0 (1,331) (1,331)
Balance at Mar. 31, 2022 0 68,386 (33,462) 122,713 157,637
Issuance of 795,423 shares at $47.75 per share, for acquisition of Royal Financial, Inc 37,902 37,902
Balance at Dec. 31, 2021 0 30,430 4,276 121,909 156,615
Net income         6,566
Balance at Jun. 30, 2022 0 68,623 (57,781) 125,812 136,654
Balance at Mar. 31, 2022 0 68,386 (33,462) 122,713 157,637
Net income 0 0 0 4,431 4,431
Other comprehensive loss, net of tax (24,319) (24,319)
Net surrender value of restricted stock awards (5) (5)
Stock-based compensation expense 0 163 0 0 163
Cash dividends 0 0 0 (1,332) (1,332)
Balance at Jun. 30, 2022 0 68,623 (57,781) 125,812 136,654
Other adjustments $ 0 $ 79 $ 0 $ 0 $ 79