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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Cash and due from banks (Note 2):    
Cash $ 24,746 $ 4,796
Interest-bearing deposits in banks 34,978 6,920
Total cash and cash equivalents 59,724 11,716
Available-for-sale securities, at fair value (Note 3) 28,897 52,690
Loans held for sale   2,143
Loans receivable, net of allowance for loan losses - 2017 $11,071; 2016 $10,205 (Note 4) 798,703 642,148
Accrued interest receivable 3,335 2,707
Premises and equipment, net (Note 5) 27,172 26,028
Federal Home Loan Bank Stock (FHLB), at cost 1,511 964
Deferred tax assets (Note 8) 3,909 3,379
Other assets 2,271 3,208
Total assets 925,522 744,983
Liabilities:    
Deposits (Note 6) 713,985 643,078
Accrued interest payable 42 28
Advance payments by borrowers for taxes and insurance 5,025 3,882
Advances from the Federal Home Loan Bank and others (Note 7) 36,400 3,000
Other liabilities 5,285 2,003
Total liabilities 760,737 651,991
Commitments and contingencies (Note 11)
Stockholders' Equity:    
Preferred stock, $0.01 par value; 10,000,000 shares authorized, none issued
Common stock, $0.01 par value; 50,000,000 shares authorized; 18,463,028 shares issued and outstanding at December 31, 2017 185  
Additional paid-in-capital 84,351  
Retained earnings 94,855 99,242
Accumulated other comprehensive loss (Note 14) (7,851) (6,250)
Unearned Employee Stock Ownership Plan (ESOP) shares; 675,501 shares (Note 9) (6,755)  
Total stockholders' equity 164,785 92,992
Total liabilities and stockholders' equity $ 925,522 $ 744,983