CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks		$ 30,625	$ 4,009
Interest bearing time deposits with other banks		2,488	2,735
Securities available-for-sale, at fair value		44,223	44,785
Federal Home Loan Bank stock		2,776	2,971
Loans		381,488	344,855
Less allowance for loan losses		(3,153)	(2,875)
Net loans		378,335	341,980
Land, building and equipment, net		5,311	5,338
Bank-owned life insurance		4,292	4,267
Accrued interest receivable		1,360	1,235
Other assets		1,998	2,173
Total assets		471,408	409,493
Deposits:
Non-interest bearing deposits		59,942	41,586
Interest bearing deposits		270,683	240,030
Total deposits		330,625	281,616
Advances from Federal Home Loan Bank		51,312	66,219
Advances from Federal Reserve Bank		25,713
Mortgagors’ tax escrow		706	586
Deferred compensation liability		1,590	1,607
Other liabilities		3,090	2,399
Total liabilities		413,036	352,427
Stockholders' Equity:
Preferred Stock, $.01 par value, 10,000,000 shares authorized as of June 30, 2020 and December 31, 2019; none issued and outstanding as of June 30, 2020 and December 31, 2019
Common Stock, $.01 par value, 90,000,000 shares authorized as of June 30, 2020 and December 31, 2019; 6,083,500 shares issued and outstanding as of June 30, 2020 and December 31, 2019		61	61
Additional paid-in capital		25,622	25,636
Equity capital		33,901	33,113
Accumulated other comprehensive income	[1]	994	521
Unearned compensation - ESOP 220,587 and 226,549 shares unallocated at June 30, 2020 and December 31, 2019, respectively		(2,206)	(2,265)
Total stockholders' equity		58,372	57,066
Total liabilities and stockholders' equity		$ 471,408	$ 409,493

[1] All amounts are net of tax