XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets:    
Cash and due from banks $ 2,535 $ 3,420
Interest-bearing deposits in other banks 13,712 18,799
Cash and cash equivalents 16,247 22,219
Securities available-for-sale, at fair value 16,694 17,494
Loans receivable held for sale, at lower of cost or fair value 5,428 22,370
Loans receivable held for investment, net of allowance of $4,183 and $4,069 346,218 334,851
Accrued interest receivable 1,161 1,073
Federal Home Loan Bank (FHLB) stock 2,916 2,916
Office properties and equipment, net 2,355 2,406
Bank owned life insurance 3,007 2,994
Deferred tax assets, net 5,125 5,110
Investment in affordable housing limited partnership 489 537
Real estate owned (REO) 833 878
Other assets 1,025 856
Total assets 401,498 413,704
Liabilities:    
Deposits 280,330 291,290
FHLB advances 65,000 65,000
Junior subordinated debentures 5,100 5,100
Advance payments by borrowers for taxes and insurance 594 1,071
Accrued expenses and other liabilities 3,029 3,512
Total liabilities 354,053 365,973
Stockholders' Equity:    
Preferred stock, $.01 par value, authorized 1,000,000 shares; none issued or outstanding
Additional paid-in capital 46,098 46,117
Retained earnings 7,732 7,816
Unearned Employee Stock Ownership Plan (ESOP) shares (1,078) (1,095)
Accumulated other comprehensive loss (281) (81)
Treasury stock-at cost, 2,617,826 shares at March 31 2018 and at December 31, 2017 (5,326) (5,326)
Total stockholders' equity 47,445 47,731
Total liabilities and stockholders' equity 401,498 413,704
Common Stock | Voting common stock    
Stockholders' Equity:    
Common stock 213 213
Common Stock | Non-voting common stock    
Stockholders' Equity:    
Common stock $ 87 $ 87