Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash Flows from Operating Activities:
Net Income	$ 2,450	$ 683
Adjustments to reconcile net income to net cash provided by operating activities:
Net accretion of securities premiums and discounts and deferred loan fees and costs	(99)	(72)
Depreciation and amortization of premises and equipment	413	325
Stock-based compensation and allocation of ESOP stock	474	227
Provision for loan losses	985	500
Income from bank owned life insurance	(313)	(207)
(Increase) decrease in accrued interest receivable	(170)	98
(Increase) decrease in other assets	(448)	608
Increase (decrease) in other liabilities	89	(470)
Net Cash Provided by Operating Activities	3,381	1,692
Activity in held to maturity securities:
Purchases	(1,182)	0
Maturities, calls and principal repayments	4,475	34,242
Net increase in loans receivable	(49,333)	(42,312)
Purchased loan participations	(53,024)	(24,957)
Sold loan participations	8,252	0
Purchase of premises and equipment	(260)	(1,201)
Purchase of Federal Home Loan Bank of NY stock	(11,665)	(57)
Redemption of Federal Home Loan Bank of NY stock	9,586	450
Purchase of bank owned life insurance	0	(6,000)
Net Cash Used in Investing Activities	(93,151)	(39,835)
Cash Flows from Financing Activities:
Net increase in deposits	35,211	72,092
Advances from Federal Home Loan Bank of NY	45,700	0
Repayment of advances from Federal Home Loan Bank of New York	0	(10,000)
(Decrease) increase in advance payments by borrowers for taxes and insurance	(92)	77
Repurchase of common stock	(108)	(3,215)
Proceeds from exercise of stock options	571	0
Net exercise of options and repurchase of shares	(1,672)	0
Cash dividends paid to stockholders	(2,451)	0
Purchase of common stock for equity plan	0	(1,467)
Net Cash Provided by Financing Activities	77,159	57,487
Net (decrease) increase in Cash and Cash Equivalents	(12,611)	19,344
Cash and Cash Equivalents – Beginning	21,382	12,303
Cash and Cash Equivalents – Ending	8,771	31,647
Supplementary Cash Flows Information
Interest paid	2,373	1,604
Income taxes paid	$ 1,016	$ 68