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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 8,124 $ 37,533
Interest earning deposits 11,552 30,052
Cash and Cash Equivalents 19,676 67,585
Securities 71,273 88,816
Federal Home Loan Bank stock, at cost 1,763 1,606
Loans receivable, net of allowance for loan losses 2022 $6,849; 2021 $6,118 561,170 517,206
Premises and equipment, net 8,382 8,736
Accrued interest receivable 2,587 2,483
Bank owned life insurance 23,139 22,877
Other assets 7,738 4,430
Total Assets 695,728 713,739
Liabilities    
Deposits: Interest bearing 468,940 482,508
Deposits: Non-interest bearing 114,420 110,676
Total Deposits 583,360 593,184
Long-term debt 24,950 21,950
Advances from borrowers for taxes and insurance 1,786 3,198
Other liabilities 7,470 7,431
Total Liabilities 617,566 625,763
Stockholders' Equity    
Common stock, $0.01 par value per share, 25,000,000 shares authorized; 6,836,514 shares issued and 5,707,587 shares outstanding at September 30, 2022 and 6,836,514 shares issued and 5,692,410 shares outstanding at December 31, 2021 68 68
Additional paid-in capital 31,437 31,350
Treasury stock, at cost (1,128,927 shares at September 30, 2022 and 1,144,104 shares at December 31, 2021) (13,549) (13,660)
Unearned shares held by ESOP (1,130) (1,194)
Unearned shares held by compensation plans (245) (157)
Retained earnings 74,129 70,591
Accumulated other comprehensive (loss) income (12,548) 978
Total Stockholders' Equity 78,162 87,976
Total Liabilities and Stockholders' Equity $ 695,728 $ 713,739