v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and amounts due from depository institutions $ 9,473 $ 10,456
Interest-bearing deposits 63,941 70,719
Total cash and cash equivalents 73,414 81,175
Certificates of deposit 100 100
Equity securities 27,327 26,570
Securities held-to-maturity (net of allowance for credit losses of $135 and $126, respectively) 17,751 18,315
Loans receivable 1,919,908 1,860,066
Deferred loan (fees) costs, net (149) 268
Allowance for credit losses (4,752) (4,731)
Net loans 1,915,007 1,855,603
Premises and equipment, net 25,021 25,377
Investments in restricted stock, at cost 543 410
Bank owned life insurance 26,797 26,433
Accrued interest receivable 12,189 12,228
Property held for investment 1,315 1,334
Right of Use Assets - Operating 4,296 4,656
Right of Use Assets - Financing 342 343
Other assets 11,081 10,964
Total assets 2,115,183 2,063,508
Deposits:    
Non-interest bearing 325,415 271,924
Interest bearing 1,211,128 1,344,977
Total deposits 1,536,543 1,616,901
Advance payments by borrowers for taxes and insurance 2,562 2,352
Borrowings 190,000 70,000
Lease Liability - Operating 4,467 4,796
Lease Liability - Financing 454 434
Accounts payable and accrued expenses 18,589 17,325
Total liabilities 1,752,615 1,711,808
Stockholders' equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued or outstanding
Common stock, $0.01 par value; 75,000,000 shares authorized; 13,771,951 shares and 13,963,432 shares outstanding, respectively 138 140
Additional paid-in capital 108,383 111,575
Unearned Employee Stock Ownership Plan ("ESOP") shares (4,957) (5,218)
Retained earnings 258,746 244,970
Accumulated other comprehensive income 258 233
Total stockholders' equity 362,568 351,700
Total liabilities and stockholders' equity $ 2,115,183 $ 2,063,508