Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.2
Consolidated Statements of Changes in Stockholder's Equity (Unaudited) - USD ($)
$ in Thousands
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Additional Paid-in Capital [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
AOCI Attributable to Parent [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Retained Earnings [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2021           $ 0 $ 30,430 $ 4,276 $ 121,909 $ 156,615
Net income           0 0 0 6,566 6,566
Other comprehensive income (loss), net of tax           0 0 (62,057) 0 (62,057)
Net surrender value of restricted stock awards           0 (120) 0 0 (120)
Stock-based compensation expense           0 332 0 0 332
Other adjustments           0 79 0 0 79
Cash dividends           0 0 0 (2,663) (2,663)
Issuance of 795,423 shares at $47.75 per share, for acquisition of Royal Financial, Inc           0 37,902 0 0 37,902
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 income (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
Other adjustments           0 79 0 0 79
Cash dividends           0 0 0 (1,332) (1,332)
Balance at Jun. 30, 2022           0 68,623 (57,781) 125,812 136,654
Balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022 $ 0 $ 0 $ 0 $ (6,118) $ (6,118)          
Balance at Dec. 31, 2022           0 69,032 (64,300) 131,661 136,393
Net income           0 0 0 4,678 4,678
Other comprehensive income (loss), net of tax           0 0 4,115 0 4,115
Net surrender value of restricted stock awards           0 (196) 0 0 (196)
Stock-based compensation expense           0 548 0 0 548
Cash dividends           0 0 0 (2,670) (2,670)
Balance at Jun. 30, 2023           0 69,384 (60,185) 127,551 136,750
Balance at Mar. 31, 2023           0 69,182 (55,895) 126,449 139,736
Net income           0 0 0 2,438 2,438
Other comprehensive income (loss), net of tax           0 0 (4,290) 0 (4,290)
Net surrender value of restricted stock awards           (39) (39)
Stock-based compensation expense           0 241 0 0 241
Cash dividends           0 0 0 (1,336) (1,336)
Balance at Jun. 30, 2023           $ 0 $ 69,384 $ (60,185) $ 127,551 $ 136,750