Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
ASSETS:
Cash and due from banks	$ 1,485	$ 1,581
Interest earning demand deposits	3,731	4,710
Total cash and cash equivalents	5,216	6,291
Fair Value	18,000	18,331
Held-to-maturity securities, at amortized cost (fair value of $6,137 and $6,030, respectively)	6,011	6,052
Investment in restricted stock, at cost	2,961	3,637
Loans held for sale	3,690	2,133
Loans	278,447	283,302
Less: Allowance for loan losses	(1,736)	(1,561)
Loans receivable, net	276,711	281,741
Bank owned life insurance	3,864	3,819
Accrued interest receivable	912	876
Premises and equipment, net	2,506	2,731
Operating lease right-of-use assets	2,199
Other assets	2,740	2,658
Total assets	324,810	328,269
Deposits:
Non-interest bearing	11,401	10,947
Interest bearing	221,482	211,668
Total deposits	232,883	222,615
Short-term borrowings	2,000	13,750
Long-term borrowings	54,262	58,076
Official bank checks	268	863
Operating lease liabilities	2,401
Other liabilities	1,079	1,452
Total liabilities	292,893	296,756
Stockholders' equity:
Preferred stock - par value $0.01; 25,000,000 shares authorized, no shares issued and outstanding
Common stock, par value $0.01; 50,000,000 authorized shares; 1,940,661 shares issued and outstanding	19	19
Paid-in capital	15,998	15,746
Retained earnings	16,175	16,212
Accumulated other comprehensive loss	(20)	(183)
Unearned ESOP shares, at cost	(255)	(281)
Total stockholders' equity	31,917	31,513
Total liabilities and stockholders' equity	$ 324,810	$ 328,269