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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 15,439 $ 50,590
Available for sale securities (at fair value) 109,395 101,312
Loans receivable (net of allowance for loan losses of $7,183 and $6,646, respectively) 706,882 678,402
Federal Home Loan Bank stock 3,919 1,883
Accrued interest receivable 2,782 2,523
Cash surrender value of life insurance 18,118 18,018
Deferred tax assets (net of valuation allowance of $1,123 and $1,085, respectively) 2,776 2,934
Premises and equipment, net 16,955 17,040
Other real estate owned 1,633 1,685
Goodwill 1,410 1,410
Intangible assets, net 273 284
Other assets 5,181 6,342
Total assets 884,763 882,423
Deposits    
Noninterest bearing 159,626 171,829
Interest bearing 524,398 512,589
Total deposits 684,024 684,418
Mortgagors' escrow accounts 6,311 7,725
Advances from the Federal Home Loan Bank 76,845 31,598
Subordinated debt 5,155 5,155
Other borrowings   5,000
Subscription offering proceeds   79,142
Accrued expenses and other liabilities 9,643 10,108
Total liabilities 781,978 823,146
Stockholders' Equity    
Preferred stock (par value $0.01 per share; 5,000,000 authorized, 0 issued)
Common stock (par value $0.01 per share; 25,000,000 authorized, 11,133,290 issued and outstanding) 111  
Additional paid-in capital (21) 100
Unallocated common stock held by the employee stock ownership plan ("ESOP") (4,364)  
Retained earnings 112,975 66,189
Accumulated other comprehensive loss:    
Net unrealized loss on available for sale securities, net of taxes (1,535) (2,576)
Defined benefit pension plan, net of taxes (4,381) (4,436)
Total accumulated other comprehensive loss (5,916) (7,012)
Total stockholders' equity 102,785 59,277
Total liabilities and stockholders' equity $ 884,763 $ 882,423