XML 91 R81.htm IDEA: XBRL DOCUMENT v3.23.3
Compensation and Benefit Plans - Additional Information (Details)
3 Months Ended 9 Months Ended 12 Months Ended
May 16, 2023
shares
Apr. 01, 2022
shares
Jan. 28, 2022
shares
Jan. 27, 2022
USD ($)
shares
Jan. 01, 2021
USD ($)
Dec. 04, 2018
shares
Sep. 29, 2017
USD ($)
shares
Sep. 30, 2023
USD ($)
$ / shares
shares
Jun. 30, 2023
$ / shares
shares
Mar. 31, 2023
$ / shares
shares
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
Executive
$ / shares
shares
Sep. 30, 2022
USD ($)
Dec. 31, 2022
$ / shares
shares
Dec. 31, 2020
shares
Dec. 31, 2021
$ / shares
Compensation And Benefit Plans Disclosure [Line Items]                                
Additional number of shares               2,018,221       2,018,221   2,057,446    
ESOP related compensation expense including equalization expense | $               $ 300,000     $ 300,000 $ 900,000 $ 1,000,000      
Number of option grants               0 0 0       68,329    
Total remaining unrecognized compensation cost | $               $ 1,000,000       $ 1,000,000        
Weighted average period expected to be recognized                       54 months        
Weighted-average exercise price for options | $ / shares               $ 8.97 $ 8.97 $ 8.97   $ 8.97   $ 8.97   $ 12.02
Weighted average remaining contractual life                       5 years 10 months 24 days        
Weighted average period expected to be recognized                       2 years 10 months 24 days        
Number of shares exercisable               218,433       218,433   190,508    
Repurchase program number of shares authrized to repurchase 1,235,000                              
Share repurchase program, percentage of current issued and outstanding shares 5.00%                              
Shares repurchased                       1,235,000        
Treasury stock               1,233,111       1,233,111   1,976    
Executive Officers                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Vesting percentage                             20.00%  
Non-Executive Officers                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Vesting percentage                             20.00%  
Non-Executive Officers Not Director                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Vesting percentage                             20.00%  
Restricted Stock Units                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Number of stock grants               0 0 0       63,715    
Compensation expense | $               $ 400,000     400,000 $ 1,100,000 1,000,000      
Total remaining unrecognized compensation cost | $               300,000       $ 300,000        
Weighted average period expected to be recognized                       54 months        
Stock Options                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Compensation expense | $               $ 50,000.00     50,000.00 $ 100,000 $ 100,000      
Weighted average period expected to be recognized                         6 years 6 months      
2018 Long-Term Incentive Plan                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Equity incentive plans, maximum number of shares issuable               1,248,469       1,248,469        
Common stock reserved for future issuance               1,248,469       1,248,469        
Conversion of issuable stock options to issuable restricted stock ratio                       3.0        
Number of issuable stock options converted into restricted stock units                       462,522        
Number of restricted stock units converted from issuable stock options                       154,174        
Number of grants           674,645                    
2018 Long-Term Incentive Plan | Executive Officers                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Vesting percentage                             20.00%  
2018 Long-Term Incentive Plan | Directors                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Vesting percentage                             20.00%  
Vesting period                             10 years  
2018 Long-Term Incentive Plan | Stock Options or Stock Appreciation Rights                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Common stock reserved for future issuance               891,764       891,764        
Shares available for future awards               4,883       4,883   4,883    
2018 Long-Term Incentive Plan | Restricted Stock Units                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Common stock reserved for future issuance               356,705       356,705        
Shares available for future awards               0       0   0    
2018 Long-Term Incentive Plan | Restricted Stock Units | Executive Officers                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Number of stock grants   40,460       322,254                    
2018 Long-Term Incentive Plan | Restricted Stock Units | Outside Directors                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Number of stock grants   23,255       148,625                    
2018 Long-Term Incentive Plan | Restricted Stock Units | Non-Executive Officers                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Number of stock grants   30,659       40,000                    
2018 Long-Term Incentive Plan | Restricted Stock Units | Non-Executive Officers | December 31, 2020                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Number of stock grants                             15,000  
2018 Long-Term Incentive Plan | Incentive Options | Executive Officers                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Number of option grants   23,718       119,176                    
2018 Long-Term Incentive Plan | Incentive Options | Non-Executive Officers | December 31, 2020                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Number of stock grants                             40,000  
2018 Long-Term Incentive Plan | Non-qualified Options | Outside Directors                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Number of option grants   13,952       44,590                    
2020 Long-Term Incentive Plan                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Number of issuable stock options converted into restricted stock units                       45,000        
Number of restricted stock units converted from issuable stock options                       15,000        
2022 Long-Term Incentive Plan                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Number of issuable stock options converted into restricted stock units                       191,145        
Number of restricted stock units converted from issuable stock options                       63,715        
2023 Long-Term Incentive Plan                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Equity incentive plans, maximum number of shares issuable               1,920,368       1,920,368        
Common stock reserved for future issuance               1,920,368       1,920,368        
Number of option grants                       0        
2023 Long-Term Incentive Plan | Stock Options or Stock Appreciation Rights                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Common stock reserved for future issuance               1,371,691       1,371,691        
2023 Long-Term Incentive Plan | Restricted Stock Units                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Common stock reserved for future issuance               548,677       548,677        
2023 Long-Term Incentive Plan | Restricted Stock Awards or Restricted Stock Units                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Number of stock grants                       0        
Supplemental Executive Retirement Plan                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Expense recognized | $               $ 20,000.00     $ 20,000.00 $ 50,000.00 $ 50,000.00      
Non-qualified Supplemental Executive Retirement Plan                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Number of key executive under retirement plan | Executive                       2        
Common Stock                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Total issued shares     24,711,834                          
Shares repurchased               619,052 615,948              
PDL Community Bancorp | Common Stock                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Conversion of stock     1.3952 977,880                        
KSOP                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Defined contribution plan, maximum annual contributions per employee, amount | $         $ 22,500                      
Defined contribution plan additional cost | $         $ 7,500                      
Employer matching contribution percentage         3.00%                      
Expense recognized | $         $ 30,000                      
Defined contribution plan, employers matching contribution, annual vesting percentage         100.00%                      
Maximum employer matching contribution percentage         20.00%                      
Defined contribution plan additional cost percentage         20                      
Number of years discretionary matching and profit sharing contributions         2 years                      
Number of additional year of service cost         6 years                      
KSOP | PDL Community Bancorp | Common Stock                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Additional number of shares       1,097,353                        
Percentage of Shares Outstanding       4.44                        
Employee Stock Ownership Plan                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Defined contribution plan, employers matching contribution, annual vesting percentage       100.00%                        
Number of years discretionary matching and profit sharing contributions       3 years                        
Employee Stock Ownership Plan | PDL Community Bancorp | Common Stock                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Additional number of shares             723,751                  
First ESOP Loan                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Total issued shares               13,300,000       13,300,000        
First ESOP Loan | PDL Community Bancorp                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Employee stock ownership plan ESOP loan term             15 years                  
Employee stock ownership plan ESOP interest percentage             2.60                  
First ESOP Loan | PDL Community Bancorp | Common Stock                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Aggregate purchase price of common | $             $ 7,200,000                  
Second ESOP Loan                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Total issued shares               13,300,000       13,300,000        
Second ESOP Loan | PDL Community Bancorp                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Employee stock ownership plan ESOP loan term       15 years                        
Employee stock ownership plan ESOP interest percentage       1.82                        
Second ESOP Loan | PDL Community Bancorp | Common Stock                                
Compensation And Benefit Plans Disclosure [Line Items]                                
Aggregate purchase price of common | $       $ 11,000,000.0