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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 2,166 $ 1,516
Interest-bearing deposits in other banks 66,179 16,914
Cash and cash equivalents 68,345 18,430
Securities available-for-sale, at fair value 11,474 13,202
Loans receivable held for sale, at lower of cost or fair value 22,521 0
Loans receivable held for investment, net of allowance of $4,213 and $4,603, respectively 320,522 379,454
Accrued interest receivable 1,113 1,178
Federal Home Loan Bank (FHLB) stock 2,916 2,573
Office properties and equipment, net 2,462 2,479
Bank owned life insurance 2,981 2,940
Deferred tax assets, net 5,696 6,907
Real estate owned (REO) 958  
Other assets 1,664 1,920
Total assets 440,652 429,083
Liabilities:    
Deposits 294,920 287,427
FHLB advances 86,000 85,000
Junior subordinated debentures 5,100 5,100
Advance payments by borrowers for taxes and insurance 1,537 828
Accrued expenses and other liabilities 4,980 5,202
Total liabilities 392,537 383,557
Stockholders' Equity:    
Preferred stock, $.01 par value, authorized 1,000,000 shares; none issued or outstanding
Additional paid-in capital 46,073 45,819
Retained earnings 8,281 6,013
Unearned Employee Stock Ownership Plan (ESOP) shares (1,112) (1,176)
Accumulated other comprehensive income (loss) (101) (103)
Treasury stock-at cost, 2,617,826 shares at September 30, 2017 and December 31, 2016 (5,326) (5,326)
Total stockholders' equity 48,115 45,526
Total liabilities and stockholders' equity 440,652 429,083
Common Stock | Voting common stock    
Stockholders' Equity:    
Common stock 213 212
Common Stock | Non-voting common stock    
Stockholders' Equity:    
Common stock $ 87 $ 87