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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 11,969 $ 50,590
Available for sale securities (at fair value) 111,398 101,312
Loans receivable (net of allowance for loan losses of $7,858 and $6,646, respectively) 737,293 678,402
Federal Home Loan Bank stock 3,355 1,883
Accrued interest receivable 2,874 2,523
Cash surrender value of life insurance 18,218 18,018
Deferred tax assets (net of valuation allowance of $1,190 and $1,085, respectively) 2,488 2,934
Premises and equipment, net 16,846 17,040
Other real estate owned 1,578 1,685
Goodwill 1,410 1,410
Intangible assets, net 262 284
Other assets 5,393 6,342
Total assets 913,084 882,423
Deposits    
Noninterest bearing 152,705 171,829
Interest bearing 564,153 512,589
Total deposits 716,858 684,418
Mortgagors' escrow accounts 10,400 7,725
Advances from the Federal Home Loan Bank 64,541 31,598
Subordinated debt 5,155 5,155
Other borrowings   5,000
Subscription offering proceeds   79,142
Accrued expenses and other liabilities 10,573 10,108
Total liabilities 807,527 823,146
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 45,844 100
Unallocated common stock held by the employee stock ownership plan ("ESOP") (4,364)  
Retained earnings 68,321 66,189
Accumulated other comprehensive loss:    
Net unrealized loss on available for sale securities, net of taxes (12) (2,576)
Defined benefit pension plan, net of taxes (4,343) (4,436)
Total accumulated other comprehensive loss (4,355) (7,012)
Total stockholders' equity 105,557 59,277
Total liabilities and stockholders' equity $ 913,084 $ 882,423