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Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2026
Retirement Benefits [Abstract]  
Schedule of Employee Stock Ownership Plan (ESOP) Disclosures
ESOP expense for the three months ended March 31, 2026 and 2025 was $188,000 and $178,000, respectively.
March 31,
2026
December 31,
2025
Earned ESOP shares360,727 347,201 
Unearned ESOP shares721,403 734,929 
Total ESOP shares1,082,130 1,082,130 
Quoted per share price$13.57 $14.04 
Fair value of earned shares (in thousands)$4,895 $4,875 
Fair value of unearned shares (in thousands)$9,789 $10,318 
Schedule of Restricted Stock Awards
The following table summarizes the restricted stock award activity in the 2020 EIP during the three months ended March 31, 2026.
Three Months Ended March 31, 2026
Number of Restricted SharesWeighted Average Grant Date Fair Value
Non-vested, beginning of period88,379$13.11 
Granted— 
Vested— 
Forfeited— 
Non-vested, March 31, 202688,37913.11 
Schedule of Share-based Compensation Arrangements by Share-based Payment Award
The following table summarizes the stock option activity in the 2020 EIP during the three months ended March 31, 2026.
Three Months Ended March 31, 2026
Number of SharesWeighted-Average Exercise Price
Balance at beginning of period760,852$10.76 
Granted— 
Exercised— 
Forfeited/expired— 
Balance, March 31, 2026760,85210.76 
Exercisable at end of period705,385$10.56 
Schedule of Fair Value Measurement Inputs and Valuation Techniques
The fair value of options granted is estimated on the date of the grant using a Black Scholes model with the following assumptions:
July 15, 2025
Dividend yields4.49 %
Volatility factors of expected market price of common stock30.00 %
Risk-free interest rates4.16 %
Expected life of options6.5 years
Schedule of Nonvested Share Activity
A summary of the status of the Company stock option shares as of March 31, 2026 is presented below.
SharesWeighted Average Grant Date Fair Value
Non-vested, beginning of year55,467$3.00 
Vested— 
Granted— 
Forfeited— 
Non-vested, March 31, 202655,467$3.00