Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity

v3.23.1
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Unallocated Common Share Held By ESOP [Member]
Total
Balance (in shares) at Dec. 31, 2020 0          
Balance at Dec. 31, 2020 $ 0 $ 0 $ 45,319 $ 1,406 $ 0 $ 46,725
Net income (losses) 0 0 (55) 0 0 (55)
Change in net unrealized loss on securities available for sale, net 0 0 0 (1,487) 0 (1,487)
Net income applicable to common shares $ 0 0 (55) 0 0 (55)
Balance (in shares) at Dec. 31, 2021 0          
Balance at Dec. 31, 2021 $ 0 0 45,264 (81) 0 45,183
Net income (losses) 0 0 27 0 0 27
Change in net unrealized loss on securities available for sale, net 0 0 0 (11,044) 0 (11,044)
Net income applicable to common shares $ 0 0 27 0 0 27
Proceeds of stock offering and issuance of common shares (net of issuance costs of $2.5 million) (in shares) 5,290,000          
Proceeds of stock offering and issuance of common shares (net of issuance costs of $2.5 million) $ 53 49,387 0 0 0 49,440
Issuance of common shares donated to the NSTS Charitable Foundation (in shares) 107,959          
Issuance of common shares donated to the NSTS Charitable Foundation $ 1 1,008 0 0 0 1,009
Purchase of common shares by the ESOP (431,836 shares) 0 0 0 0 (4,319) (4,319)
ESOP shares committed to be released $ 0 25 0 0 221 246
Balance (in shares) at Dec. 31, 2022 5,397,959          
Balance at Dec. 31, 2022 $ 54 $ 50,420 $ 45,291 $ (11,125) $ (4,098) $ 80,542