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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets:    
Cash and due from banks $ 14,700 $ 3,016
Interest-bearing deposits in other banks 25,148 12,550
Cash and cash equivalents 39,848 15,566
Securities available-for-sale, at fair value 10,192 11,006
Loans receivable held for sale, at lower of cost or fair value 49,719  
Loans receivable held for investment, net of allowance of $3,215 and $3,182 374,417 397,847
Accrued interest receivable 1,291 1,223
Federal Home Loan Bank (FHLB) stock, at cost 3,586 2,916
Office properties and equipment, net 2,730 2,783
Bank owned life insurance 3,123 3,100
Deferred tax assets, net 5,393 5,220
Investment in affordable housing limited partnership 111 163
Other assets 894 545
Total assets 491,304 440,369
Liabilities:    
Deposits 315,778 297,724
FHLB advances 116,500 84,000
Junior subordinated debentures 3,825 4,335
Advance payments by borrowers for taxes and insurance 1,076 1,033
Accrued expenses and other liabilities 4,605 4,429
Total liabilities 441,784 391,521
Stockholders' Equity:    
Preferred stock, $.01 par value, authorized 1,000,000 shares; none issued or outstanding
Additional paid-in capital 46,650 46,426
Retained earnings 8,608 8,425
Unearned Employee Stock Ownership Plan (ESOP) shares (927) (959)
Accumulated other comprehensive gain (loss), net of tax 209 (23)
Treasury stock-at cost, 2,617,826 shares at June 30, 2020 and at December 31, 2019 (5,326) (5,326)
Total stockholders' equity 49,520 48,848
Total liabilities and stockholders' equity 491,304 440,369
Common Stock | Common Stock, Voting    
Stockholders' Equity:    
Common stock 219 218
Total stockholders' equity 219 218
Common Stock | Common Stock, Non-Voting    
Stockholders' Equity:    
Common stock 87 87
Total stockholders' equity $ 87 $ 87