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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 12,753 $ 37,533
Interest earning deposits 18,013 30,052
Cash and Cash Equivalents 30,766 67,585
Securities 84,560 88,816
Federal Home Loan Bank stock, at cost 1,606 1,606
Loans receivable, net of allowance for loan losses 2022 $6,500; 2021 $6,118 550,286 517,206
Premises and equipment, net 8,642 8,736
Accrued interest receivable 2,431 2,483
Bank owned life insurance 22,975 22,877
Other assets 6,186 4,430
Total Assets 707,452 713,739
Liabilities    
Deposits: Interest bearing 483,860 482,508
Deposits: Non-interest bearing 108,960 110,676
Total Deposits 592,820 593,184
Long-term debt 21,950 21,950
Advances from borrowers for taxes and insurance 2,353 3,198
Other liabilities 7,666 7,431
Total Liabilities 624,789 625,763
Stockholders' Equity    
Common stock, $0.01 par value per share, 25,000,000 shares authorized; 6,836,514 shares issued and 5,719,542 shares outstanding at March 31, 2022 and 6,836,514 shares issued and 5,692,410 shares outstanding at December 31, 2021 68 68
Additional paid-in capital 31,374 31,350
Treasury stock, at cost (1,116,972 shares at March 31, 2022 and 1,144,104 shares at December 31, 2021) (13,405) (13,660)
Unearned shares held by ESOP (1,172) (1,194)
Unearned shares held by compensation plans (386) (157)
Retained earnings 71,340 70,591
Accumulated other comprehensive (loss) income (5,156) 978
Total Stockholders' Equity 82,663 87,976
Total Liabilities and Stockholders' Equity $ 707,452 $ 713,739