Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Equity (Unaudited)

v3.22.2
Consolidated Statements of Stockholders' Equity (Unaudited) - 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
Change in net unrealized gain on securities available for sale, net 0 0 0 (836) 0 (836)
Net income (loss) $ 0 0 (14) 0 0 (14)
Balance (in shares) at Jun. 30, 2021 0          
Balance at Jun. 30, 2021 $ 0 0 45,305 570 0 45,875
Balance (in shares) at Mar. 31, 2021 0          
Balance at Mar. 31, 2021 $ 0 0 45,238 550 0 45,788
Net income (loss) 0 0 67 0 0 67
Change in net unrealized gain on securities available for sale, net $ 0 0 0 20 0 20
Net income (loss)           67
Balance (in shares) at Jun. 30, 2021 0          
Balance at Jun. 30, 2021 $ 0 0 45,305 570 0 45,875
Balance (in shares) at Dec. 31, 2021 0          
Balance at Dec. 31, 2021 $ 0 0 45,264 (81) 0 45,183
Net income (loss) 1 1,008 0 0 0 1,009
Change in net unrealized gain on securities available for sale, net 0 0 0 (7,774) 0 (7,774)
Issuance costs           2,500
Net income (loss) 0 0 (130) 0 0 (130)
ESOP shares committed to be released $ 0 16 0 0 87 103
Balance (in shares) at Jun. 30, 2022 5,397,959          
Balance at Jun. 30, 2022 $ 54 50,411 45,134 (7,855) (4,232) 83,512
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          
Purchase of common shares by the ESOP (431,836 shares) $ 0 0 0 0 (4,319) (4,319)
Balance (in shares) at Mar. 31, 2022 5,397,959          
Balance at Mar. 31, 2022 $ 54 50,405 44,985 (4,544) (4,275) 86,625
Change in net unrealized gain on securities available for sale, net 0 0 0 (3,311) 0 (3,311)
Issuance costs           2,500
Net income (loss) 0 0 149 0 0 149
ESOP shares committed to be released $ 0 6 0 0 43 49
Balance (in shares) at Jun. 30, 2022 5,397,959          
Balance at Jun. 30, 2022 $ 54 $ 50,411 $ 45,134 $ (7,855) $ (4,232) $ 83,512