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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from other financial institutions $ 12,016 $ 13,805
Interest-bearing deposits in other financial institutions 66,206 84,399
Cash and cash equivalents 78,222 98,204
Securities, at fair value 83,240 88,179
Loans receivable, net of allowance for loan losses: March 31, 2019, $8,354 and December 31, 2018, $8,470 1,306,475 1,323,793
Other real estate owned, net 921 1,226
Stock in Federal Home Loan Bank (FHLB) and Federal Reserve Bank (FRB), at cost 8,026 8,026
Premises and equipment, net 24,992 25,205
Accrued interest receivable 5,411 4,952
Bank-owned life insurance 18,839 18,809
Deferred taxes 5,023 6,235
Other assets 13,871 10,696
Total assets 1,545,020 1,585,325
Deposits    
Noninterest-bearing 222,328 230,041
Interest-bearing 1,104,418 1,122,443
Total deposits 1,326,746 1,352,484
Borrowings 16,106 21,049
Advance payments by borrowers for taxes and insurance 9,134 10,531
Accrued interest payable and other liabilities 16,814 14,111
Total liabilities 1,368,800 1,398,175
Commitments and contingent liabilities
Stockholders’ equity    
Preferred Stock, $0.01 par value, 25,000,000 shares authorized, none issued or outstanding 0 0
Common Stock, $0.01 par value, 100,000,000 shares authorized; 15,644,499 shares issued at March 31, 2019 and 16,481,514 issued at December 31, 2018 157 165
Additional paid-in capital 117,715 130,547
Retained earnings 58,072 56,167
Accumulated other comprehensive income 276 271
Total stockholders’ equity 176,220 187,150
Total liabilities and stockholders’ equity $ 1,545,020 $ 1,585,325