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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 31,451,000 $ 28,366,000
Interest earning deposits in other banks 13,042,000 15,225,000
Cash and cash equivalents 44,493,000 43,591,000
Investment securities held to maturity (fair value: $68,975 at September 30, 2016; $76,310 at December 31, 2015) 67,677,000 76,133,000
Loans held for sale 12,961,000 13,203,000
Loans receivable, net of allowance for loan losses of $8,985 and $8,758, respectively 603,473,000 589,656,000
Premises and equipment, net 24,167,000 24,290,000
Foreclosed real estate 1,343,000 1,744,000
Federal Home Loan Bank stock, at cost 5,230,000 5,626,000
Deferred tax asset 10,916,000 0
Accrued interest receivable and other assets 7,496,000 7,836,000
Total assets 777,756,000 762,079,000
Liabilities    
Deposits 556,610,000 523,771,000
Short-term borrowings 7,000,000 0
Long-term borrowings 103,500,000 115,000,000
Subordinated debentures 20,619,000 24,119,000
Accrued interest payable and other liabilities 3,244,000 12,733,000
Total liabilities 690,973,000 675,623,000
Stockholders' Equity    
Common stock, $0.01 par value, 20,000,000 shares authorized; 12,104,379 and 10,088,879 shares issued and outstanding, respectively 121,000 101,000
Additional paid-in capital 63,778,000 76,335,000
Retained earnings 22,880,000 10,016,000
Total stockholders' equity 86,783,000 86,456,000
Total liabilities and stockholders' equity 777,756,000 762,079,000
Series A Preferred Stock [Member]    
Stockholders' Equity    
Preferred stock 4,000 4,000
Series B Preferred Stock [Member]    
Stockholders' Equity    
Preferred stock $ 0 $ 0