Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity

v3.24.1
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Treasury Stock, Common [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Additional Paid-in Capital [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Retained Earnings [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
AOCI Attributable to Parent [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Unallocated Common Share Held By ESOP [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock Outstanding [Member]
Common Stock [Member]
Treasury Stock, Common [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, 2021               0              
Balance at Dec. 31, 2021                 $ 0 $ 0 $ 0 $ 45,264 $ (81) $ 0 $ 45,183
Net income (losses)                 0 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 0 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 0 1,008 0 0 0 1,009
Purchase of common shares by the ESOP (431,836 shares)                 0 0 0 0 0 (4,319) (4,319)
ESOP shares committed to be released                 0 0 25 0 0 221 246
Change in net unrealized loss on securities available for sale, net                 0 0 0 0 (11,044) 0 (11,044)
Balance (in shares) at Dec. 31, 2022               5,397,959              
Balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022 $ 0 $ 0 $ 0 $ (279) $ 0 $ 0 $ (279)                
Balance at Dec. 31, 2022                 54 0 50,420 45,291 (11,125) (4,098) 80,542
Net income (losses)                 0 0 0 (3,957) 0 0 (3,957)
ESOP shares committed to be released                 0 0 (17) 0 0 216 199
Change in net unrealized loss on securities available for sale, net                 0 0 0 0 2,902 0 2,902
Purchase of treasury stock from stock repurchase program (in shares)               (269,898)              
Purchase of treasury stock from stock repurchase program                 0 (2,381) 0 0 0 0 (2,381)
Compensation cost for stock options and restricted stock                 0 0 519 0 0 0 519
Issuance of common shares for the restricted stock plan (in shares)               187,200              
Issuance of common shares for the restricted stock plan                 2 0 (2) 0 0 0 0
Balance (in shares) at Dec. 31, 2023               5,315,261              
Balance at Dec. 31, 2023                 $ 56 $ (2,381) $ 50,920 $ 41,055 $ (8,223) $ (3,882) $ 77,545