Ponce Financial Group Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
PDLB$21.95-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity (Unaudited)
Nine Months Ended September 30, 2024 and 2023
| Accumulated · Unallocated | ||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Treasury · Additional · Other · Common | ||||||||||||||||||||||||||
| Preferred Stock · Common Stock · Stock, · Paid-in · Retained · Comprehensive · Stock | ||||||||||||||||||||||||||
| Shares · Amount · Shares · Amount · At Cost · Capital · Earnings · Loss · of ESOP · Total | ||||||||||||||||||||||||||
| Balance, December 31, 2023 | 225,000 | $225,000 | 23,785,520 | $249 | $(9,747) | $207,106 | $97,420 | $(15,649) | $(12,984) | $491,395 | ||||||||||||||||
| Net income | — | — | — | — | — | — | 2,414 | — | — | 2,414 | ||||||||||||||||
| Other comprehensive loss, net of tax | — | — | — | — | — | — | — | (941) | — | (941) | ||||||||||||||||
| Release of restricted stock units | — | — | 4,977 | — | 45 | (45) | — | — | — | |||||||||||||||||
| ESOP shares committed to be released (33,436 shares) | — | — | — | — | — | 6 | — | — | 291 | 297 | ||||||||||||||||
| Share-based compensation | — | — | — | — | — | 517 | — | — | — | 517 | ||||||||||||||||
| Balance, March 31, 2024 | 225,000 | $225,000 | 23,790,497 | $249 | $(9,702) | $207,584 | $99,834 | $(16,590) | $(12,693) | $493,682 | ||||||||||||||||
| Net income | — | — | — | — | — | — | 3,192 | — | — | 3,192 | ||||||||||||||||
| Preferred Stock Dividend | — | — | — | — | — | (75) | — | — | (75) | |||||||||||||||||
| Other comprehensive income, net of tax | — | — | — | — | — | — | — | 33 | — | 33 | ||||||||||||||||
| Release of restricted stock units | — | — | 21,235 | — | 183 | (183) | — | — | — | — | ||||||||||||||||
| ESOP shares committed to be released (33,436 shares) | — | — | — | — | — | 14 | — | — | 292 | 306 | ||||||||||||||||
| Share-based compensation | — | — | — | — | — | 519 | — | — | — | 519 | ||||||||||||||||
| Balance, June 30, 2024 | 225,000 | $225,000 | 23,811,732 | $249 | $(9,519) | $207,934 | $102,951 | $(16,557) | $(12,401) | $497,657 | ||||||||||||||||
| Net income | — | — | — | — | — | — | 2,433 | — | — | 2,433 | ||||||||||||||||
| Preferred Stock Dividend | — | — | — | (281) | — | — | (281) | |||||||||||||||||||
| Other comprehensive income, net of tax | — | — | — | — | — | — | — | 3,871 | — | 3,871 | ||||||||||||||||
| Release of restricted stock units | — | — | 7,731 | — | 74 | (74) | — | — | — | — | ||||||||||||||||
| ESOP shares committed to be released (33,436 shares) | — | — | — | — | — | 99 | — | — | 291 | 390 | ||||||||||||||||
| Share-based compensation | — | — | — | — | — | 519 | — | — | — | 519 | ||||||||||||||||
| Balance, September 30, 2024 | 225,000 | $225,000 | 23,819,463 | $249 | $(9,445) | $208,478 | $105,103 | $(12,686) | $(12,110) | $504,589 | ||||||||||||||||
| Accumulated · Unallocated | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Treasury · Additional · Other · Common | |||||||||||||
| Preferred Stock · Common Stock · Stock, · Paid-in · Retained · Comprehensive · Stock | |||||||||||||
| Shares · Amount · Shares · Amount · At Cost · Capital · Earnings · Loss · of ESOP · Total | |||||||||||||
| Balance, December 31, 2022 | 225,000 | $225,000 | 24,859,353 | $249 | $(2) | $206,508 | $92,955 | $(17,860) | $(14,150) | 492,700 | |||
| Net income | — | — | — | — | — | — | 331 | — | — | 331 | |||
| Other comprehensive income, net of tax | — | — | — | — | — | — | — | 1,231 | — | 1,231 | |||
| Impact of CECL adoption, net of tax | — | — | — | — | — | — | 1,113 | — | — | 1,113 | |||
| Release of restricted stock units | — | — | 4,147 | — | — | — | — | — | — | — | |||
| ESOP shares committed to be released (33,436 shares) | — | — | — | — | — | (29) | — | — | 291 | 262 | |||
| Share-based compensation | — | — | — | — | — | 404 | — | — | — | 404 | |||
| Balance, March 31, 2023 | 225,000 | $225,000 | 24,863,500 | $249 | $(2) | $206,883 | $94,399 | $(16,629) | $(13,859) | $496,041 | |||
| Net loss | — | — | — | — | — | — | (87) | — | — | (87) | |||
| Other comprehensive loss, net of tax | — | — | — | — | — | — | — | (968) | — | (968) | |||
| Repurchases of common stock | (615,948) | (5,200) | (5,200) | ||||||||||
| Release of restricted stock units | — | — | 21,235 | — | — | — | — | — | — | — | |||
| ESOP shares committed to be released (33,436 shares) | — | — | — | — | — | — | — | — | 292 | 292 | |||
| Share-based compensation | — | — | — | — | — | 404 | — | — | — | 404 | |||
| Balance, June 30, 2023 | 225,000 | $225,000 | 24,268,787 | $249 | $(5,202) | $207,287 | $94,312 | $(17,597) | $(13,567) | $490,482 | |||
| Net loss | — | — | — | — | — | — | 2,590 | — | — | 2,590 | |||
| Other comprehensive loss, net of tax | — | — | — | — | — | — | — | (2,871) | — | (2,871) | |||
| Repurchases of common stock | — | — | (619,052) | — | (5,809) | — | — | — | — | (5,809) | |||
| Release of restricted stock units | — | — | 3,865 | — | 36 | (36) | — | — | — | — | |||
| ESOP shares committed to be released (33,436 shares) | — | — | — | — | — | (30) | — | — | 291 | 261 | |||
| Share-based compensation | — | — | — | — | — | 405 | — | — | — | 405 | |||
| Balance, September 30, 2023 | 225,000 | $225,000 | 23,653,600 | $249 | $(10,975) | $207,626 | $96,902 | $(20,468) | $(13,276) | $485,058 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.