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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from other financial institutions $ 13,074 $ 13,805
Interest-bearing deposits in other financial institutions 127,719 84,399
Cash and cash equivalents 140,793 98,204
Securities, at fair value 65,440 88,179
Loans receivable, net of allowance for loan losses: September 30, 2019, $7,824 and December 31, 2018, $8,470 1,213,948 1,323,793
Other real estate owned, net 269 1,226
Stock in Federal Home Loan Bank (FHLB) and Federal Reserve Bank (FRB), at cost 7,490 8,026
Premises and equipment, net 24,598 25,205
Accrued interest receivable 4,763 4,952
Bank-owned life insurance 18,914 18,809
Deferred taxes 4,556 6,235
Other assets 11,211 10,696
Total assets 1,491,982 1,585,325
Deposits    
Noninterest-bearing 208,347 230,041
Interest-bearing 1,080,478 1,122,443
Total deposits 1,288,825 1,352,484
Borrowings 1,253 21,049
Advance payments by borrowers for taxes and insurance 10,802 10,531
Accrued interest payable and other liabilities 17,235 14,111
Total liabilities 1,318,115 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; 15,373,964 shares issued at September 30, 2019 and 16,481,514 issued at December 31, 2018 154 165
Additional paid-in capital 113,717 130,547
Retained earnings 59,718 56,167
Accumulated other comprehensive income 278 271
Total stockholders’ equity 173,867 187,150
Total liabilities and stockholders’ equity $ 1,491,982 $ 1,585,325