Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 130,537	$ 55,770
Available-for-sale securities, at fair value	10,198	9,306
Loans held-for-sale	7,364	1,063
Loans held-for-portfolio	690,703	619,887
Allowance for loan losses	(6,031)	(5,640)
Total loans held-for-portfolio, net	684,672	614,247
Accrued interest receivable	2,346	2,206
Bank-owned life insurance (“BOLI”), net	14,281	14,183
Other real estate owned (“OREO”) and repossessed assets, net	575	575
Mortgage servicing rights, at fair value	3,113	3,239
Federal Home Loan Bank (“FHLB”) stock, at cost	1,164	1,160
Premises and equipment, net	6,675	6,767
Right of use assets	7,166	7,641
Other assets	3,570	3,696
Total assets	871,661	719,853
Deposits
Interest-bearing	551,841	519,434
Noninterest-bearing demand	142,481	97,284
Total deposits	694,322	616,718
Borrowings	79,841	7,500
Accrued interest payable	204	226
Lease liabilities	7,561	8,010
Other liabilities	8,335	8,368
Advance payments from borrowers for taxes and insurance	1,163	1,305
Total liabilities	791,426	642,127
COMMITMENTS AND CONTINGENCIES (NOTE 7)
STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued or outstanding	0	0
Common stock, $0.01 par value, 40,000,000 shares authorized, 2,593,152 and 2,567,389 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively	25	25
Additional paid-in capital	26,894	26,343
Unearned shares - Employee Stock Ownership Plan (“ESOP”)	(170)	(227)
Retained earnings	53,224	51,410
Accumulated other comprehensive income, net of tax	262	175
Total stockholders’ equity	80,235	77,726
Total liabilities and stockholders’ equity	$ 871,661	$ 719,853