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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Statement of Financial Position [Abstract]    
Cash and due from banks $ 1,800 $ 1,388
Interest-earning demand deposits with banks 6,971 19,994
Cash and Cash Equivalents 8,771 21,382
Securities held to maturity (fair value of $40,794 and $43,894, respectively) 40,752 44,104
Loans receivable, net of allowance for loan losses of $5,275 and $4,476, respectively 461,285 368,007
Premises and equipment 8,804 8,957
Federal Home Loan Bank of New York stock, at cost 3,512 1,433
Bank owned life insurance 14,097 13,784
Accrued interest receivable 1,548 1,378
Other assets 2,988 2,601
Total Assets 541,757 461,646
Deposits:    
Non-interest bearing 40,504 44,365
Interest bearing 357,006 317,934
Total Deposits 397,510 362,299
Advances from Federal Home Loan Bank of New York 68,375 22,675
Advance payments by borrowers for taxes and insurance 700 792
Other liabilities 2,632 2,695
Total Liabilities 469,217 388,461
Stockholders' Equity    
Preferred stock, par value $0.01; 1,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, par value $0.01; 49,000,000 shares authorized; 5,768,632 and 5,714,182 issued; 5,768,632 and 5,714,182 outstanding, respectively 58 57
Paid-in capital 50,953 51,809
Retained earnings 23,369 23,370
Unallocated common stock held by ESOP (193,144 and 201,316 shares, respectively) (1,809) (1,929)
Accumulated other comprehensive loss (31) (122)
Total Stockholders' Equity 72,540 73,185
Total Liabilities and Stockholders' Equity $ 541,757 $ 461,646