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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and Due from Banks $ 1,121 $ 529
Interest Earning Deposits in Banks 2,910 3,886
Total Cash and Cash Equivalents 4,031 4,415
Interest Earning Time Deposits in Banks 6,823 3,586
Securities Available for Sale, at Fair Value 6,710 4,221
Securities Held to Maturity 425 518
Mortgage Loans Held for Sale   580
Loans Receivable, Net of Unearned Income 104,418 97,721
Allowance for Loan Losses (756) (768)
Total Loans, Net 103,662 97,533
Premises and Equipment 5,349 5,137
Federal Home Loan Bank Stock 821 802
Bank Owned Life Insurance 2,141 2,102
Foreclosed Real Estate 0 0
Prepaid Expenses and Other Assets 1,252 1,107
Total Assets 131,214 119,421
LIABILITIES AND EQUITY    
Interest Bearing Deposits 85,143 72,953
Noninterest Bearing Deposits 4,798 4,344
Total Deposits 89,941 77,297
Borrowed Funds 16,328 16,822
Advances from Borrowers for Taxes and Insurance 607 282
Accrued Expenses and Other Liabilities 1,235 903
Total Liabilities 108,111 95,304
Shareholders' Equity    
Preferred Stock, $0.01 Par Value, 1,000,000 Shares Authorized, None Issued
Common Stock, $0.01 Par Value, 9,000,000 Shares Authorized, 1,561,259 Shares Issued and Outstanding on September 30, 2019 16 17
Additional Paid-in Capital 13,710 14,953
Unallocated common stock held by:    
Employee Stock Ownership Plan (ESOP) (1,217) (1,217)
Retained Earnings 10,577 10,395
Accumulated Other Comprehensive Income (Loss) 17 (31)
Total Shareholders' Equity 23,103 24,117
Total Liabilities and Shareholders' Equity $ 131,214 $ 119,421