XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from other financial institutions $ 13,740 $ 9,785
Interest-bearing deposits in other financial institutions 415,925 180,540
Cash and cash equivalents 429,665 190,325
Securities, at fair value 42,048 60,193
Loans receivable, net of allowance for loan losses: September 30, 2020, $8,011 and December 31, 2019, $7,632 1,065,892 1,168,008
Other real estate owned, net 110 186
Stock in Federal Home Loan Bank ("FHLB") and Federal Reserve Bank ("FRB"), at cost 7,490 7,490
Premises and equipment, net 24,241 24,346
Accrued interest receivable 4,354 4,563
Bank-owned life insurance 18,996 18,945
Deferred taxes 3,520 3,873
Other assets 8,627 10,086
Total assets 1,604,943 1,488,015
Liabilities    
Noninterest-bearing 328,915 210,762
Interest-bearing 1,073,329 1,073,995
Total deposits 1,402,244 1,284,757
Borrowings 4,000 61
Advance payments by borrowers for taxes and insurance 9,998 10,222
Accrued interest payable and other liabilities 16,304 18,603
Total liabilities 1,432,546 1,313,643
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; 14,824,628 shares issued at September 30, 2020 and 15,278,464 issued at December 31, 2019 148 153
Additional paid-in capital 108,231 112,420
Retained earnings 63,787 61,573
Accumulated other comprehensive income 231 226
Total stockholders’ equity 172,397 174,372
Total liabilities and stockholders’ equity $ 1,604,943 $ 1,488,015