Quarterly report pursuant to Section 13 or 15(d)

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

v3.23.3
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 11,122 11,122
Other comprehensive income (loss), net of tax           0 0 (84,115) 0 (84,115)
Net surrender value of restricted stock awards           0 (120) 0 0 (120)
Stock-based compensation expense           0 535 0 0 535
Other adjustments           0 79 0 0 79
Cash dividends           0 0 0 (3,995) (3,995)
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 Sep. 30, 2022           0 68,826 (79,839) 129,036 118,023
Balance at Jun. 30, 2022           0 68,623 (57,781) 125,812 136,654
Net income           0 0 0 4,556 4,556
Other comprehensive income (loss), net of tax           0 0 (22,058) 0 (22,058)
Net surrender value of restricted stock awards           0 0
Stock-based compensation expense           0 203 0 0 203
Other adjustments           0 0 0 0 0
Cash dividends           0 0 0 (1,332) (1,332)
Balance at Sep. 30, 2022           0 68,826 (79,839) 129,036 118,023
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 6,869 6,869
Other comprehensive income (loss), net of tax           0 0 (14,548) 0 (14,548)
Net surrender value of restricted stock awards           0 (196) 0 0 (196)
Stock-based compensation expense           0 646 0 0 646
Cash dividends           0 0 0 (4,003) (4,003)
Balance at Sep. 30, 2023           0 69,482 (78,848) 128,409 119,043
Balance at Jun. 30, 2023           0 69,384 (60,185) 127,551 136,750
Net income           0 0 0 2,191 2,191
Other comprehensive income (loss), net of tax           0 0 (18,663) 0 (18,663)
Stock-based compensation expense           0 98 0 0 98
Cash dividends           0 0 0 (1,333) (1,333)
Balance at Sep. 30, 2023           $ 0 $ 69,482 $ (78,848) $ 128,409 $ 119,043