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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 94,143 $ 86,269
Securities available for sale 285,765 148,090
Loans held for sale 5,575 6,186
Loans receivable, net 652,502 642,630
Accrued interest receivable 2,132 3,102
Mortgage servicing rights, net 3,280 3,043
Premises and equipment, net 17,373 10,133
Goodwill 802 802
Core deposit intangible 10 57
Prepaid expenses and other assets 5,427 7,241
Deferred tax asset, net 2,529 2,027
Total assets 1,069,538 909,580
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Deposits 950,666 795,204
Accrued interest payable 63 140
Customer escrows 2,143 1,998
Accrued expenses and other liabilities 6,635 8,986
Total liabilities 959,507 806,328
Commitments and contingencies
Stockholders’ equity:    
Serial-preferred stock ($.01 par value):authorized 500,000 shares; issued 0 0 0
Common stock ($.01 per value):authorized 16,000,000 shares; issued 9,128,662 91 91
Additional paid-in capital 40,740 40,480
Retained earnings, subject to certain restrictions 131,413 117,849
Accumulated other comprehensive (loss) income (1,583) 1,282
Unearned employee stock ownership plan shares (1,256) (1,450)
Treasury stock, at cost 4,564,087 and 4,359,552 shares (59,374) (55,000)
Total stockholders’ equity 110,031 103,252
Total liabilities and stockholders’ equity 1,069,538 909,580
Collateralized Mortgage Backed Securities [Member]    
ASSETS    
Securities available for sale 245,397 101,464
Other Debt Obligations [Member]    
ASSETS    
Securities available for sale $ 40,368 $ 46,626