ESOP (Details) - ESOP - USD ($) |
6 Months Ended | ||
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Jul. 14, 2022 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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| ESOP | |||
| Amount borrowed | $ 1,538,000 | $ 1,500,000 | |
| Shares purchased | 153,834 | 153,834 | |
| Term of repayment of loan | 20 years | ||
| Compensation expense | $ 106,000 | $ 0 | |
| Number of shares allocated to participants | 0 | ||
| Number of shares committed to be released to participants | 7,692 | ||
| Number of shares unallocated shares | 146,142 | ||
| Unallocated ESOP shares | $ 2,000,000.0 | ||
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- Definition Term of repayment of loan under Employee Stock Option Plan. No definition available.
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- Definition The amount of plan compensation cost recognized during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount reported as a liability as of the balance sheet date by the entity (the employer) of the loan made by a third-party lender directly to the ESOP. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The shares or units in an ESOP trust that have been assigned to individual participant accounts based on a known formula. IRS rules require allocations to be nondiscriminatory generally based on compensation, length of service, or a combination of both. For any particular participant such shares or units may be vested, unvested, or partially vested. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The shares that, although not legally released, will be released by a future scheduled and committed debt service payment and will be allocated to employees for service rendered in the current accounting period. The ESOP documents typically define the period of service to which the shares relate. ESOP shares are released to compensate employees directly, to settle employer liabilities for other employee benefits, and to replace dividends on allocated shares that are used for debt service. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Shares contributed to the ESOP that have not yet been released, committed to be released, or allocated to participant accounts. Suspense shares generally collateralize ESOP debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares of capital stock issued (purchased by employees) in connection with an employee stock ownership plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value of unearned shares for all classes of common stock and nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by an employee stock ownership plan (ESOP). Includes the sale of shares or the issuance treasury shares to an ESOP. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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