Note 11 - Stock Based Compensation (Tables)
|
9 Months Ended |
Sep. 30, 2025 |
|---|
| Notes Tables |
|
| Employee Stock Ownership Plan (ESOP) Disclosures [Table Text Block] |
| |
|
As of September 30, |
|
| |
|
2025 |
|
|
2024 |
|
| |
|
(Dollars in thousands) |
|
| Shares allocated |
|
|
64,844 |
|
|
|
43,624 |
|
| Shares committed for allocation |
|
|
15,915 |
|
|
|
15,885 |
|
| Shares distributed to plan participants |
|
|
(3,625 |
) |
|
|
— |
|
| Unallocated |
|
|
351,077 |
|
|
|
372,327 |
|
| Total ESOP shares |
|
|
428,211 |
|
|
|
431,836 |
|
| |
|
|
|
|
|
|
|
|
| Fair value of unearned shares as of September 30, 2025 and 2024, respectively |
|
$ |
4,051 |
|
|
$ |
3,854 |
|
|
| Share-Based Payment Arrangement, Option, Activity [Table Text Block] |
| Stock Option |
|
Shares |
|
|
Weighted Average Exercise Price |
|
|
Aggregate Intrinsic Value (1) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at June 30, 2024 |
|
|
465,500 |
|
|
$ |
9.36 |
|
|
|
|
|
| Granted |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Exercised |
|
|
23,000 |
|
|
|
9.36 |
|
|
|
|
|
| Forfeited |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Outstanding at September 30, 2024 |
|
|
442,500 |
|
|
$ |
9.36 |
|
|
$ |
438 |
|
| Exercisable - End of Period |
|
|
88,500 |
|
|
|
9.36 |
|
|
|
88 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at June 30, 2025 |
|
|
490,500 |
|
|
$ |
9.59 |
|
|
|
|
|
| Granted |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Exercised |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Forfeited |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Outstanding at September 30, 2025 |
|
|
490,500 |
|
|
$ |
9.59 |
|
|
$ |
956 |
|
| Exercisable - End of Period |
|
|
186,800 |
|
|
|
9.36 |
|
|
|
407 |
|
| Stock Option |
|
Shares |
|
|
Weighted Average Exercise Price |
|
|
Aggregate Intrinsic Value (1) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2023 |
|
|
465,500 |
|
|
$ |
9.36 |
|
|
|
|
|
| Granted |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Exercised |
|
|
23,000 |
|
|
|
9.36 |
|
|
|
|
|
| Forfeited |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Outstanding at September 30, 2024 |
|
|
442,500 |
|
|
$ |
9.36 |
|
|
$ |
438 |
|
| Exercisable - End of Period |
|
|
88,500 |
|
|
|
9.36 |
|
|
|
88 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2024 |
|
|
500,500 |
|
|
$ |
9.59 |
|
|
|
|
|
| Granted |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Exercised |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Forfeited |
|
|
10,000 |
|
|
|
9.36 |
|
|
|
|
|
| Outstanding at September 30, 2025 |
|
|
490,500 |
|
|
$ |
9.59 |
|
|
$ |
956 |
|
| Exercisable - End of Period |
|
|
186,800 |
|
|
|
9.36 |
|
|
|
407 |
|
|
| Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block] |
| Restricted Stock |
|
Shares |
|
|
Weighted Average Grant Date Fair Value |
|
| |
|
|
|
|
|
|
|
|
| Non-vested balance as of June 30, 2024 |
|
|
142,400 |
|
|
$ |
9.36 |
|
| Granted |
|
|
— |
|
|
|
— |
|
| Vested |
|
|
— |
|
|
|
— |
|
| Forfeited |
|
|
— |
|
|
|
— |
|
| Non-vested balance as of September 30, 2024 |
|
|
142,400 |
|
|
$ |
9.36 |
|
| |
|
|
|
|
|
|
|
|
| Non-vested balance as of June 30, 2025 |
|
|
116,480 |
|
|
$ |
9.63 |
|
| Granted |
|
|
— |
|
|
|
— |
|
| Vested |
|
|
— |
|
|
|
— |
|
| Forfeited |
|
|
— |
|
|
|
— |
|
| Non-vested balance as of September 30, 2025 |
|
|
116,480 |
|
|
$ |
9.63 |
|
| Restricted Stock |
|
Shares |
|
|
Weighted Average Grant Date Fair Value |
|
| |
|
|
|
|
|
|
|
|
| Non-vested balance as of December 31, 2023 |
|
|
178,000 |
|
|
$ |
9.36 |
|
| Granted |
|
|
— |
|
|
|
— |
|
| Vested |
|
|
35,600 |
|
|
|
9.36 |
|
| Forfeited |
|
|
— |
|
|
|
— |
|
| Non-vested balance as of September 30, 2024 |
|
|
142,400 |
|
|
$ |
9.36 |
|
| |
|
|
|
|
|
|
|
|
| Non-vested balance as of December 31, 2024 |
|
|
151,740 |
|
|
$ |
9.57 |
|
| Granted |
|
|
— |
|
|
|
— |
|
| Vested |
|
|
33,260 |
|
|
|
9.36 |
|
| Forfeited |
|
|
2,000 |
|
|
|
9.36 |
|
| Non-vested balance as of September 30, 2025 |
|
|
116,480 |
|
|
$ |
9.63 |
|
|
| Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block] |
| |
|
Three Months Ended September 30, |
|
|
Nine months ended September 30, |
|
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| |
|
(Dollars in thousands) |
|
|
(Dollars in thousands) |
|
| Stock option expense |
|
$ |
86 |
|
|
$ |
79 |
|
|
$ |
246 |
|
|
$ |
236 |
|
| Restricted stock expense |
|
|
87 |
|
|
|
83 |
|
|
|
258 |
|
|
|
250 |
|
| Total stock based compensation expense |
|
$ |
173 |
|
|
$ |
162 |
|
|
$ |
504 |
|
|
$ |
486 |
|
|