CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 681	$ 659
Interest earning deposits	49,232	29,903
Total cash and cash equivalents	49,913	30,562
Securities available-for-sale, at fair value	152,909	145,698
Securities, restricted, at cost	2,583	2,583
Loans	490,019	468,101
Less: allowance for loan losses	(6,049)	(5,629)
Loans, net	483,970	462,472
Premises and equipment, net	2,920	2,694
Accrued interest receivable	3,721	3,855
Other assets	24,067	16,035
Total assets	720,083	663,899
Deposits:
Demand	230,062	212,721
Savings, NOW and money market	364,805	335,283
Time	20,115	20,417
Total deposits	614,982	568,421
Secured borrowings	89	89
Accrued expenses and other liabilities	7,539	2,615
Total liabilities	622,610	571,125
Commitments and Contingencies
Stockholders' equity:
Preferred stock, par value $0.01; authorized 2,000,000 shares; no shares issued and outstanding at March 31, 2019 and December 31, 2018
Common stock, par value $0.01; authorized 15,000,000 shares; issued and outstanding 7,532,723 shares at March 31, 2019 and December 31, 2018	75	75
Additional paid-in capital	88,809	88,539
Retained earnings (deficit)	9,759	6,774
Accumulated other comprehensive loss	(1,170)	(2,614)
Total stockholders' equity	97,473	92,774
Total liabilities and stockholders' equity	$ 720,083	$ 663,899