CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 659	$ 471
Interest earning deposits	29,903	42,606
Total cash and cash equivalents	30,562	43,077
Securities available for sale	145,698	128,758
Securities, restricted, at cost	2,583	2,183
Loans	468,101	348,978
Less: allowance for loan losses	(5,629)	(4,264)
Loans, net	462,472	344,714
Premises and equipment, net	2,694	2,546
Accrued interest receivable	3,855	2,836
Deferred tax asset, net	3,072	2,241
Other assets	12,963	7,202
Total assets	663,899	533,557
Deposits:
Demand	212,721	190,847
Savings, NOW and money market	335,283	230,715
Time	20,417	26,932
Total deposits	568,421	448,494
Secured borrowings	89	278
Accrued expenses and other liabilities	2,615	1,402
Total liabilities	571,125	450,174
Commitments and Contingencies (Note 11)
Stockholders' equity:
Common stock, par value $0.01; authorized 15,000,000 shares; issued and outstanding 7,532,723 shares at December 31, 2018 and 7,326,536 shares at December 31, 2017	75	73
Additional paid-in capital	88,539	86,660
Retained earnings (deficit)	6,774	(1,960)
Accumulated other comprehensive loss	(2,614)	(1,390)
Total stockholders' equity	92,774	83,383
Total liabilities and stockholders' equity	$ 663,899	$ 533,557