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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 3,333 $ 3,420
Interest-bearing deposits in other banks 10,081 18,799
Cash and cash equivalents 13,414 22,219
Securities available-for-sale, at fair value 15,243 17,494
Loans receivable held for sale, at lower of cost or fair value 19,087 22,370
Loans receivable held for investment, net of allowance of $3,183 and $4,069 355,272 334,851
Accrued interest receivable 1,241 1,073
Federal Home Loan Bank (FHLB) stock, at cost 2,916 2,916
Office properties and equipment, net 2,296 2,406
Bank owned life insurance 3,033 2,994
Deferred tax assets, net 4,903 5,110
Investment in affordable housing limited partnership 391 537
Real estate owned (REO) 833 878
Other assets 837 856
Total assets 419,466 413,704
Liabilities:    
Deposits 278,885 291,290
FHLB advances 82,000 65,000
Junior subordinated debentures 5,100 5,100
Advance payments by borrowers for taxes and insurance 1,520 1,071
Accrued expenses and other liabilities 3,948 3,512
Total liabilities 371,453 365,973
Stockholders' Equity:    
Preferred stock, $.01 par value, authorized 1,000,000 shares; none issued or outstanding
Additional paid-in capital 46,131 46,117
Retained earnings 8,356 7,816
Unearned Employee Stock Ownership Plan (ESOP) shares (1,043) (1,095)
Accumulated other comprehensive loss (405) (81)
Treasury stock-at cost, 2,617,826 shares at September 30, 2018 and at December 31, 2017 (5,326) (5,326)
Total stockholders' equity 48,013 47,731
Total liabilities and stockholders' equity 419,466 413,704
Common Stock | Common Stock, Voting    
Stockholders' Equity:    
Common stock 213 213
Total stockholders' equity 213 213
Common Stock | Common Stock, Non-Voting    
Stockholders' Equity:    
Common stock 87 87
Total stockholders' equity $ 87 $ 87