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Interim Consolidated Condensed Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 35,052 $ 36,339
Interest-bearing deposits in banks 12,364 15,711
Cash and cash equivalents 47,416 52,050
Federal Home Loan Bank stock, at cost 4,428 4,428
Securities available for sale 172,168 170,804
Loans held for sale 742 1,248
Loans receivable, net of allowance for loan losses and deferred loan income at March 31, 2019 of $4,553 and $395 respectively, and $4,536 and $419 at December 31, 2018, respectively. 666,250 658,782
Accrued interest receivable 3,666 3,503
Foreclosed assets, net 3,446 3,598
Bank owned life insurance 10,618 10,672
Premises and equipment, net 21,079 21,759
Deferred tax assets 2,165 1,825
Other assets 2,282 2,730
Total assets 934,260 931,399
Deposits:    
Non-interest-bearing accounts 125,674 129,476
Interest-bearing accounts    
Checking accounts 205,420 196,972
Savings and money market accounts 96,504 97,232
Other time deposits 314,229 316,157
Total deposits 741,827 739,837
Advances from Federal Home Loan Bank 26,000 33,000
Repurchase agreements 59,046 53,011
Subordinated debentures 10,310 10,310
Advances from borrowers for taxes and insurance 914 1,279
Accrued expenses and other liabilities 3,276 3,176
Total liabilities 837,633 840,613
Stockholders' equity    
Preferred stock, par value $0.01 per share; authorized-500,000 shares; no shares issued and outstanding at March 31, 2019 and December 31, 2018
Common stock, par value $.01 per share; authorized 15,000,000 shares; 7,990,867 issued and 6,648,887 outstanding at March 31, 2019 and December 31, 2018 80 80
Additional paid-in-capital 59,210 59,105
Retained earnings 55,757 55,134
Treasury stock, at cost (1,341,980 shares at March 31, 2019 and December 31, 2018) (16,706) (16,706)
Unearned Employee Stock Ownership Plan ("ESOP") shares, at cost (371,693 shares at March 31, 2019 and 382,691 share at December 31, 2018) (5,124) (5,268)
Accumulated other comprehensive loss, net of taxes (330) (1,559)
Total stockholders' equity 92,887 90,786
Total liabilities and stockholders' equity $ 934,260 $ 931,399