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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Statement of Financial Position [Abstract]    
Cash and due from banks $ 1,296 $ 1,558
Interest-earning demand deposits with banks 17,157 10,242
Cash and Cash Equivalents 18,453 11,800
Securities held to maturity (fair value of $35,696 and $38,569, respectively) 35,827 39,476
Loans receivable, net of allowance for loan losses of $5,722 and $5,655, respectively 508,022 502,299
Premises and equipment 8,020 8,180
Federal Home Loan Bank of New York stock, at cost 2,848 4,756
Bank owned life insurance 14,480 14,585
Accrued interest receivable 1,650 1,615
Other assets 3,786 1,789
Total Assets 593,086 584,500
Deposits:    
Non-interest bearing 47,935 46,690
Interest bearing 424,817 373,889
Total Deposits 472,752 420,579
Advances from Federal Home Loan Bank of New York 51,575 94,275
Advance payments by borrowers for taxes and insurance 722 749
Other liabilities 2,662 2,251
Total Liabilities 527,711 517,854
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; 5,184,914 and 5,389,054 issued and outstanding at December 31, 2019 and December 31, 2018, respectively 52 54
Paid-in capital 41,857 44,726
Retained earnings 24,989 23,498
Unearned common stock held by ESOP (168,538 and 179,464 shares, respectively) (1,523) (1,632)
Total Stockholders' Equity 65,375 66,646
Total Liabilities and Stockholders' Equity $ 593,086 $ 584,500