Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Equity (Unaudited)

v3.23.3
Consolidated Statements of Stockholders' Equity (Unaudited) - 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 (12) 0 0 (12)
ESOP shares committed to be released                 0 0 21 0 0 130 151
Change in net unrealized loss on securities available for sale, net                 0 0 0 0 (12,293) 0 (12,293)
Net loss                 0 0 0 (12) 0 0 (12)
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)
Balance (in shares) at Sep. 30, 2022               5,397,959              
Balance at Sep. 30, 2022                 54 0 50,416 45,252 (12,374) (4,189) 79,159
Balance (in shares) at Jun. 30, 2022               5,397,959              
Balance at Jun. 30, 2022                 54 0 50,411 45,134 (7,855) (4,232) 83,512
Net income (losses)                 0 0 0 118 0 0 118
ESOP shares committed to be released                 0 0 5 0 0 43 48
Change in net unrealized loss on securities available for sale, net                 0 0 0 0 (4,519) 0 (4,519)
Net loss                 0 0 0 118 0 0 118
Balance (in shares) at Sep. 30, 2022               5,397,959              
Balance at Sep. 30, 2022                 54 0 50,416 45,252 (12,374) (4,189) 79,159
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 (188) 0 0 (188)
ESOP shares committed to be released                 0 0 (10) 0 0 162 152
Change in net unrealized loss on securities available for sale, net                 0 0 0 0 (1,909) 0 (1,909)
Net loss                 0 0 0 (188) 0 0 $ (188)
Purchase of treasury stock from stock repurchase program (in shares)               (152,681)             (152,681)
Purchase of treasury stock from stock repurchase program                 0 (1,355) 0 0 0 0 $ (1,355)
Compensation cost for stock options and restricted stock                 0 0 198 0 0 0 198
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 Sep. 30, 2023               5,432,478              
Balance at Sep. 30, 2023                 56 (1,355) 50,606 44,824 (13,034) (3,936) 77,161
Balance (in shares) at Jun. 30, 2023               5,510,864              
Balance at Jun. 30, 2023                 56 (649) 50,440 45,056 (10,831) (3,990) 80,082
Net income (losses)                 0 0 0 (232) 0 0 (232)
ESOP shares committed to be released                 0 0 (4) 0 0 54 50
Change in net unrealized loss on securities available for sale, net                 0 0 0 0 (2,203) 0 (2,203)
Net loss                 0 0 0 (232) 0 0 (232)
Purchase of treasury stock from stock repurchase program (in shares)               (78,386)              
Purchase of treasury stock from stock repurchase program                 0 (706) 0 0 0 0 (706)
Compensation cost for stock options and restricted stock                 0 0 170 0 0 0 170
Balance (in shares) at Sep. 30, 2023               5,432,478              
Balance at Sep. 30, 2023                 $ 56 $ (1,355) $ 50,606 $ 44,824 $ (13,034) $ (3,936) $ 77,161