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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from other financial institutions $ 14,115 $ 9,785
Interest-bearing deposits in other financial institutions 489,381 180,540
Cash and cash equivalents 503,496 190,325
Securities, at fair value 23,829 60,193
Loans receivable, net of allowance for loan losses: December 31, 2020, $7,751 and December 31, 2019, $7,632 1,002,578 1,168,008
Other real estate owned, net 157 186
Stock in Federal Home Loan Bank ("FHLB") and Federal Reserve Bank ("FRB"), at cost 7,490 7,490
Premises and equipment, net 24,675 24,346
Accrued interest receivable 3,941 4,563
Bank-owned life insurance 19,015 18,945
Deferred taxes 2,741 3,873
Other assets 8,920 10,086
Total assets 1,596,842 1,488,015
Liabilities    
Noninterest-bearing 326,188 210,762
Interest-bearing 1,067,356 1,073,995
Total deposits 1,393,544 1,284,757
Borrowings 4,000 61
Advance payments by borrowers for taxes and insurance 8,670 10,222
Accrued interest payable and other liabilities 17,698 18,603
Total liabilities 1,423,912 1,313,643
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; 14,769,765 shares issued at December 31, 2020 and 15,278,464 shares issued at December 31, 2019 148 153
Additional paid-in capital 107,815 112,420
Retained earnings 64,754 61,573
Accumulated other comprehensive income 213 226
Total stockholders’ equity 172,930 174,372
Total liabilities and stockholders’ equity $ 1,596,842 $ 1,488,015