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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets:    
Cash and due from banks $ 26,617 $ 3,016
Interest-bearing deposits in other banks 25,108 12,550
Cash and cash equivalents 51,725 15,566
Securities available-for-sale, at fair value 10,706 11,006
Loans receivable held for sale, at lower of cost or fair value 45,481  
Loans receivable held for investment, net of allowance of $3,211 and $3,182 381,334 397,847
Accrued interest receivable 1,349 1,223
Federal Home Loan Bank (FHLB) stock 3,510 2,916
Office properties and equipment, net 2,731 2,783
Bank owned life insurance 3,112 3,100
Deferred tax assets, net 5,161 5,220
Investment in affordable housing limited partnership 118 163
Other assets 812 545
Total assets 506,039 440,369
Liabilities:    
Deposits 333,149 297,724
FHLB advances 115,000 84,000
Junior subordinated debentures 4,080 4,335
Advance payments by borrowers for taxes and insurance 485 1,033
Accrued expenses and other liabilities 4,245 4,429
Total liabilities 456,959 391,521
Stockholders' Equity:    
Preferred stock, $.01 par value, authorized 1,000,000 shares; none issued or outstanding
Additional paid-in capital 46,550 46,426
Retained earnings 8,392 8,425
Unearned Employee Stock Ownership Plan (ESOP) shares (942) (959)
Accumulated other comprehensive income (loss), net of tax 100 (23)
Treasury stock-at cost, 2,617,826 shares at March 31, 2020 and at December 31, 2019 (5,326) (5,326)
Total stockholders' equity 49,080 48,848
Total liabilities and stockholders' equity 506,039 440,369
Common Stock | Common Stock, Voting    
Stockholders' Equity:    
Common stock 219 218
Total stockholders' equity 219 218
Common Stock | Common Stock, Non-Voting    
Stockholders' Equity:    
Common stock 87 87
Total stockholders' equity $ 87 $ 87