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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Additional Paid-in Capital
Unearned Employee Stock Ownership Plan Shares
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss ), net
Balance at beginning of period at Dec. 31, 2018 $ 117,476   $ 66,008 $ 36,972 $ (1,734) $ 17,557   $ (1,327)
Balance at beginning of period, Shares at Dec. 31, 2018     13,201,682          
Net income (loss) 5,056         5,056    
Other comprehensive income, net 1,667             1,667
Stock options exercised, net 9   $ 26 (17)        
Stock options exercised, Shares     5,173          
Director and executive stock grant 148   $ 92 56        
Director and executive stock grant, Shares     18,396          
Restricted stock awards     $ 545 (545)        
Restricted stock awards,shares     109,051          
ESOP collateral release 141       141      
Share-based compensation expense 315     315        
Balance at end of period at Sep. 30, 2019 124,857 $ 45 $ 66,671 36,781 (1,593) 22,658 $ 45 340
Balance at end of period, Shares at Sep. 30, 2019     13,334,302          
Balance at beginning of period at Jun. 30, 2019 122,617   $ 66,662 36,699 (1,668) 20,817   107
Balance at beginning of period, Shares at Jun. 30, 2019     13,332,484          
Net income (loss) 1,841         1,841    
Other comprehensive income, net 233             233
Restricted stock awards     $ 9 (9)        
Restricted stock awards,shares     1,818          
ESOP collateral release 75       75      
Share-based compensation expense 91     91        
Balance at end of period at Sep. 30, 2019 124,857 $ 45 $ 66,671 36,781 (1,593) 22,658 $ 45 340
Balance at end of period, Shares at Sep. 30, 2019     13,334,302          
Balance at beginning of period at Dec. 31, 2019 $ 126,185 [1]   $ 66,309 36,658 (1,525) 24,660   83
Balance at beginning of period, Shares at Dec. 31, 2019 13,261,801 [1]   13,261,801          
Net income (loss) $ (6,648)         (6,648)    
Other comprehensive income, net 1,133             1,133
Stock options exercised, net 88   $ 83 5        
Stock options exercised, Shares     16,689          
Director and executive stock grant 164   $ 109 55        
Director and executive stock grant, Shares     21,789          
Restricted stock awards     $ 226 (226)        
Restricted stock awards,shares     45,105          
Shares repurchased pursuant to ESOP (25)   $ (16) (9)        
Shares repurchased pursuant to ESOP,shares     (3,280)          
ESOP collateral release 199       199      
Share-based compensation expense 333     333        
Balance at end of period at Sep. 30, 2020 $ 121,429   $ 66,711 36,816 (1,326) 18,012   1,216
Balance at end of period, Shares at Sep. 30, 2020 13,342,104   13,342,104          
Balance at beginning of period at Jun. 30, 2020 $ 119,690   $ 66,670 36,729 (1,394) 16,519   1,166
Balance at beginning of period, Shares at Jun. 30, 2020     13,334,049          
Net income (loss) 1,493         1,493    
Other comprehensive income, net 50             50
Director and executive stock grant 60   $ 51 9        
Director and executive stock grant, Shares     10,055          
Restricted stock forfeitures     $ (10) 10        
Restricted stock forfeitures, shares     (2,000)          
ESOP collateral release 68       68      
Share-based compensation expense 68     68        
Balance at end of period at Sep. 30, 2020 $ 121,429   $ 66,711 $ 36,816 $ (1,326) $ 18,012   $ 1,216
Balance at end of period, Shares at Sep. 30, 2020 13,342,104   13,342,104          
[1] Derived from audited December 31, 2019 Consolidated Financial Statements.