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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 12,596 $ 10,460
Available for sale securities (at fair value) 102,387 113,302
Held to maturity securities (fair value of $0 and $1,928, respectively)   1,914
Loans receivable (net of allowance for loan losses of $6,310 and $5,457, respectively) 652,053 566,178
Federal Home Loan Bank stock 2,874 1,108
Accrued interest receivable 2,418 2,149
Cash surrender value of life insurance 17,918 17,577
Deferred tax assets (net of valuation allowance of $985 and $982, respectively) 3,332 3,021
Premises and equipment, net 16,593 17,025
Other real estate owned 1,739 2,233
Goodwill 1,410 1,505
Intangible assets, net 294 326
Other assets 6,093 5,305
Total assets 819,707 742,103
Deposits    
Noninterest bearing 185,222 157,828
Interest bearing 506,496 492,277
Total deposits 691,718 650,105
Mortgagors' escrow accounts 3,521 7,284
Advances from the Federal Home Loan Bank 53,621 14,900
Subordinated debt 5,155 5,155
Accrued expenses and other liabilities 8,679 9,682
Total liabilities 762,694 687,126
Stockholders' Equity    
Common stock (par value $0.01 per share, 100 shares outstanding)
Additional paid-in capital 100 100
Retained earnings 64,991 61,832
Accumulated other comprehensive loss:    
Net unrealized loss on available for sale securities, net of taxes (4,244) (2,322)
Defined benefit pension plan, net of taxes (3,834) (4,633)
Total accumulated other comprehensive loss (8,078) (6,955)
Total stockholders' equity 57,013 54,977
Total liabilities and stockholders' equity $ 819,707 $ 742,103