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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets:    
Cash and due from banks $ 3,115 $ 4,124
Interest-bearing deposits in other banks 16,110 12,527
Cash and cash equivalents 19,225 16,651
Securities available-for-sale, at fair value 14,517 14,722
Loans receivable held for sale, at lower of cost or fair value 5,154 6,231
Loans receivable held for investment, net of allowance of $2,929 and $2,929 365,015 355,556
Accrued interest receivable 1,206 1,143
Federal Home Loan Bank (FHLB) stock 2,916 2,916
Office properties and equipment, net 3,328 2,242
Bank owned life insurance 3,060 3,047
Deferred tax assets, net 4,889 5,045
Investment in affordable housing limited partnership 293 342
Real estate owned (REO) 820 833
Other assets 723 669
Total assets 421,146 409,397
Liabilities:    
Deposits 286,654 281,414
FHLB advances 75,000 70,000
Junior subordinated debentures 5,100 5,100
Advance payments by borrowers for taxes and insurance 563 1,055
Accrued expenses and other liabilities 4,878 3,392
Total liabilities 372,195 360,961
Stockholders' Equity:    
Preferred stock, $.01 par value, authorized 1,000,000 shares; none issued or outstanding
Additional paid-in capital 46,219 46,141
Retained earnings 8,908 8,631
Unearned Employee Stock Ownership Plan (ESOP) shares (1,010) (1,027)
Accumulated other comprehensive loss (145) (283)
Treasury stock-at cost, 2,617,826 shares at March 31, 2019 and at December 31, 2018 (5,326) (5,326)
Total stockholders' equity 48,951 48,436
Total liabilities and stockholders' equity 421,146 409,397
Common Stock | Common Stock, Voting    
Stockholders' Equity:    
Common stock 218 213
Total stockholders' equity 218 213
Common Stock | Common Stock, Non-Voting    
Stockholders' Equity:    
Common stock 87 87
Total stockholders' equity $ 87 $ 87