Note 11 - Stock Based Compensation (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Notes Tables |
|
| Employee Stock Ownership Plan (ESOP) Disclosures [Table Text Block] |
| |
|
As of June 30, |
|
| |
|
2026 |
|
|
2025 |
|
| |
|
(Dollars in thousands) |
|
| Shares allocated |
|
|
85,669 |
|
|
|
64,844 |
|
| Shares committed for allocation |
|
|
10,806 |
|
|
|
10,610 |
|
| Shares distributed to plan participants |
|
|
(5,015 |
) |
|
|
(1,597 |
) |
| Unallocated |
|
|
335,361 |
|
|
|
356,382 |
|
| Total ESOP shares |
|
|
426,821 |
|
|
|
430,239 |
|
| |
|
|
|
|
|
|
|
|
| Fair value of unearned shares as of June 30, 2026 and 2025, respectively |
|
$ |
4,615 |
|
|
$ |
4,394 |
|
|
| Share-Based Payment Arrangement, Option, Activity [Table Text Block] |
| Stock Option |
|
Shares |
|
|
Weighted Average Exercise Price |
|
|
Aggregate Intrinsic Value (1) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at March 31, 2025 |
|
|
492,500 |
|
|
$ |
9.59 |
|
|
|
|
|
| Granted |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Exercised |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Forfeited |
|
|
(2,000 |
) |
|
|
9.36 |
|
|
|
|
|
| Outstanding at June 30, 2025 |
|
|
490,500 |
|
|
$ |
9.59 |
|
|
$ |
1,344 |
|
| Exercisable - End of Period |
|
|
186,800 |
|
|
|
9.36 |
|
|
|
555 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at March 31, 2026 |
|
|
467,500 |
|
|
$ |
9.61 |
|
|
|
|
|
| Granted |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Exercised |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Forfeited |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Outstanding at June 30, 2026 |
|
|
467,500 |
|
|
$ |
9.61 |
|
|
$ |
1,940 |
|
| Exercisable - End of Period |
|
|
291,300 |
|
|
|
9.44 |
|
|
|
1,258 |
|
| Stock Option |
|
Shares |
|
|
Weighted Average Exercise Price |
|
|
Aggregate Intrinsic Value (1) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2024 |
|
|
500,500 |
|
|
$ |
9.59 |
|
|
|
|
|
| Granted |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Exercised |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Forfeited |
|
|
(10,000 |
) |
|
|
9.36 |
|
|
|
|
|
| Outstanding at June 30, 2025 |
|
|
490,500 |
|
|
$ |
9.59 |
|
|
$ |
1,344 |
|
| Exercisable - End of Period |
|
|
186,800 |
|
|
|
9.36 |
|
|
|
555 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2025 |
|
|
467,500 |
|
|
$ |
9.61 |
|
|
|
|
|
| Granted |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Exercised |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Forfeited |
|
|
— |
|
|
|
— |
|
|
|
|
|
| Outstanding at June 30, 2026 |
|
|
467,500 |
|
|
$ |
9.61 |
|
|
$ |
1,940 |
|
| Exercisable - End of Period |
|
|
291,300 |
|
|
|
9.44 |
|
|
|
1,258 |
|
|
| 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 March 31, 2025 |
|
|
149,740 |
|
|
$ |
9.57 |
|
| Granted |
|
|
— |
|
|
|
— |
|
| Vested |
|
|
33,260 |
|
|
|
9.36 |
|
| Forfeited |
|
|
— |
|
|
|
— |
|
| Non-vested balance as of June 30, 2025 |
|
|
116,480 |
|
|
$ |
9.63 |
|
| |
|
|
|
|
|
|
|
|
| Non-vested balance as of March 31, 2026 |
|
|
113,140 |
|
|
$ |
9.58 |
|
| Granted |
|
|
— |
|
|
|
— |
|
| Vested |
|
|
46,860 |
|
|
|
9.36 |
|
| Forfeited |
|
|
— |
|
|
|
— |
|
| Non-vested balance as of June 30, 2026 |
|
|
66,280 |
|
|
$ |
9.75 |
|
| Restricted Stock |
|
Shares |
|
|
Weighted Average Grant Date Fair Value |
|
| |
|
|
|
|
|
|
|
|
| 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 June 30, 2025 |
|
|
116,480 |
|
|
$ |
9.63 |
|
| |
|
|
|
|
|
|
|
|
| Non-vested balance as of December 31, 2025 |
|
|
113,140 |
|
|
$ |
9.58 |
|
| Granted |
|
|
— |
|
|
|
— |
|
| Vested |
|
|
46,860 |
|
|
|
9.36 |
|
| Forfeited |
|
|
— |
|
|
|
— |
|
| Non-vested balance as of June 30, 2026 |
|
|
66,280 |
|
|
$ |
9.75 |
|
|
| Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block] |
| |
|
Three Months Ended June 30, |
|
|
Six months ended June 30, |
|
| |
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
| |
|
(Dollars in thousands) |
|
|
(Dollars in thousands) |
|
| Stock option expense |
|
$ |
204 |
|
|
$ |
87 |
|
|
$ |
290 |
|
|
$ |
160 |
|
| Restricted stock expense |
|
|
211 |
|
|
|
88 |
|
|
|
298 |
|
|
|
172 |
|
| Total stock based compensation expense |
|
$ |
415 |
|
|
$ |
175 |
|
|
$ |
588 |
|
|
$ |
332 |
|
|