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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets:    
Cash and due from banks $ 2,587 $ 4,124
Interest-bearing deposits in other banks 17,559 12,527
Cash and cash equivalents 20,146 16,651
Securities available-for-sale, at fair value 14,110 14,722
Loans receivable held for sale, at lower of cost or fair value 26,085 6,231
Loans receivable held for investment, net of allowance of $2,771 and $2,929 353,342 355,556
Accrued interest receivable 1,254 1,143
Federal Home Loan Bank (FHLB) stock, at cost 2,916 2,916
Office properties and equipment, net 3,140 2,242
Bank owned life insurance 3,073 3,047
Deferred tax assets, net 4,972 5,045
Investment in affordable housing limited partnership 244 342
Real estate owned (REO)   833
Other assets 562 669
Total assets 429,844 409,397
Liabilities:    
Deposits 295,798 281,414
FHLB advances 75,000 70,000
Junior subordinated debentures 4,845 5,100
Advance payments by borrowers for taxes and insurance 1,084 1,055
Accrued expenses and other liabilities 4,101 3,392
Total liabilities 380,828 360,961
Stockholders' Equity:    
Preferred stock, $.01 par value, authorized 1,000,000 shares; none issued or outstanding
Additional paid-in capital 46,292 46,141
Retained earnings 8,773 8,631
Unearned Employee Stock Ownership Plan (ESOP) shares (994) (1,027)
Accumulated other comprehensive loss, net of tax (34) (283)
Treasury stock-at cost, 2,617,826 shares at June 30, 2019 and at December 31, 2018 (5,326) (5,326)
Total stockholders' equity 49,016 48,436
Total liabilities and stockholders' equity 429,844 409,397
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