What is WSBK's reserve for ESOP debt retirement?

WSBK (WSBK) reported reserve for ESOP debt retirement of $3.2M in Q1 2026.

What does reserve for ESOP debt retirement mean?

This represents an equity contra-account or reserve established to account for debt obligations incurred by an Employee Stock Ownership Plan. It reflects the financial impact of employee benefit structures on the bank's total shareholders' equity. Changes in this reserve indicate the progression of debt repayment and the resulting impact on the bank's capital position.

WSBK WSBK Reserve for ESOP Debt Retirement

Reserve for ESOP Debt Retirement at other companies

First Seacoast BancorpFSEA

$4.23M-10.6%

Texas Community Bancshares, Inc.TCBS

$1.85M-7.8%

Western New England BancorpWNEB

$1.33M-25.5%

Home BancorpHBCP

$5.68M-8.3%

NB Bancorp, Inc.NBBK

$41.87M-5.3%

FB Bancorp, Inc.FBLA

——

Other financials

Income statement

See full

Net income$1.1M+275%

EPS (diluted)$0.13+678%

Balance sheet

See full

Cash & equivalents$54.0M-19.0%

Total debt$1.5M—

Total equity$119.1M+47.2%

Total assets$1.1B+14.5%

Cash flow

See full

Operating cash flow$1.4M+59.9%

CapEx$61.0K-20.8%

Free cash flow$1.4M+86.8%

Valuation

See full

Market cap$118.1M+40.9%

P/E52.2×—

Returns & leverage

See full

Return on equity2.3%+2.1pp

Debt / equity0×—

Where this comes from

Reported directly by WSBK in its filing.

Tagged under the XBRL concept us-gaap:UnearnedESOPShares.

The official record: WSBK’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

Ask your AI about WSBK's reserve for esop debt retirement.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is WSBK's reserve for ESOP debt retirement?: WSBK (WSBK) reported reserve for ESOP debt retirement of $3.2M in Q1 2026.
What does reserve for ESOP debt retirement mean?: This represents an equity contra-account or reserve established to account for debt obligations incurred by an Employee Stock Ownership Plan. It reflects the financial impact of employee benefit structures on the bank's total shareholders' equity. Changes in this reserve indicate the progression of debt repayment and the resulting impact on the bank's capital position.