PDL Community Bancorp 10-Q 11 Sep 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Sep. 14, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	PDLB
Entity Registrant Name	PDL Community Bancorp
Entity Central Index Key	1,703,489
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		0

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Cash and due from banks (Note 2):
Cash	$ 4,096	$ 4,796
Interest-bearing deposits in banks	5,400	6,920
Total cash and cash equivalents	9,496	11,716
Available-for-sale securities, at fair value (Note 3)	29,668	52,690
Loans held for sale	2,143	2,143
Loans receivable, net of allowance for loan losses - 2017 $10,655; 2016 $10,205 (Note 4)	732,520	642,148
Accrued interest receivable	2,917	2,707
Bank premises and equipment, net (Note 5)	25,599	26,028
Federal Home Loan Bank Stock (FHLB), at cost	1,288	964
Deferred tax assets (Note 8)	3,378	3,379
Other assets	5,987	3,208
Total assets	812,996	744,983
Liabilities:
Deposits (Note 6)	702,406	643,078
Accrued interest payable	31	28
Advance payments by borrowers for taxes and insurance	4,661	3,882
Advances from the Federal Home Loan Bank (Note 7)	8,000	3,000
Other liabilities	3,224	2,003
Total liabilities	718,322	651,991
Commitments and contingencies (Note 10)
Capital accounts:
Retained earnings	100,929	99,242
Accumulated other comprehensive loss (Note 13):
Net unrealized loss on available-for-sale securities, net of taxes	(151)	(166)
Defined benefit pension liabilities, net of taxes (Note 9)	(6,104)	(6,084)
Accumulated other comprehensive loss	(6,255)	(6,250)
Total capital accounts	94,674	92,992
Total liabilities and capital accounts	$ 812,996	$ 744,983

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Loans receivable, allowance for loan losses	$ 10,655	$ 10,205

Consolidated Statements of Inco

Consolidated Statements of Income (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest and dividend income:
Interest on loans receivable	$ 9,581	$ 7,922	$ 18,172	$ 16,201
Interest and dividends on investment securities and FHLB stock	123	307	325	628
Total interest and dividend income	9,704	8,229	18,497	16,829
Interest expense:
Interest on certificates of deposit	1,428	1,395	2,744	2,731
Interest on other deposits	161	92	311	183
Interest on borrowings	32		61	6
Total interest expense	1,621	1,487	3,116	2,920
Net interest income	8,083	6,742	15,381	13,909
Provision for loan losses (recovery) (Note 4)	207	235	259	(312)
Net interest income after provision for loan losses (recovery)	7,876	6,507	15,122	14,221
Noninterest income:
Service charges and fees	225	229	454	467
Brokerage commissions	168	70	286	249
Late and prepayment charges	235	79	446	146
Other	256	293	456	350
Total noninterest income	884	671	1,642	1,212
Noninterest expense:
Compensation and benefits	3,956	3,687	7,785	7,352
Occupancy expense	1,400	1,363	2,826	2,770
Data processing expenses	413	381	866	751
Direct loan expenses	184	211	379	464
Insurance and surety bond premiums	79	135	161	272
Office supplies, telephone and postage	282	279	536	540
FDIC deposit insurance assessment	58	219	124	444
Other operating expenses	623	690	1,414	1,329
Total noninterest expense	6,995	6,965	14,091	13,922
Income before income taxes	1,765	213	2,673	1,511
Provision for income taxes (Note 8)	641	117	986	607
Net income	$ 1,124	$ 96	$ 1,687	$ 904

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 1,124	$ 96	$ 1,687	$ 904
Net change in unrealized gains on securities available-for-sale:
Unrealized gains	115	270	24	815
Income tax effect	(39)	(92)	(9)	(277)
Unrealized gains on securities, net	76	178	15	538
Pension benefit liability adjustment:
Net loss during the period			(31)
Income tax effect			11
Pension liability adjustment, net of tax			(20)
Total other comprehensive income (loss), net of tax	76	178	(5)	538
Total comprehensive income	$ 1,200	$ 274	$ 1,682	$ 1,442

Consolidated Statements of Chan

Consolidated Statements of Changes in Capital Accounts - USD ($) $ in Thousands	Total	Retained Earnings	Accumulated Other Comprehensive Loss
Balance at Dec. 31, 2014	$ 89,600	$ 95,299	$ (5,699)
Net income	2,518	2,518
Other comprehensive income (loss), net of tax	(1,056)		(1,056)
Balance at Dec. 31, 2015	91,062	97,817	(6,755)
Net income	1,425	1,425
Other comprehensive income (loss), net of tax	505		505
Balance at Dec. 31, 2016	92,992	99,242	(6,250)
Net income	1,687	1,687
Other comprehensive income (loss), net of tax	(5)		(5)
Balance at Jun. 30, 2017	$ 94,674	$ 100,929	$ (6,255)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash Flows From Operating Activities:
Net income	$ 1,687,000	$ 904,000
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of premiums on securities, net	7,000	(2,000)
(Gain) loss on sale of loans		13,000
Loss on sale of available-for-sale securities	6,000
Gain on sale of other real estate owned		(4,000)
Provision for (recovery from) loan losses	259,000	(312,000)
Depreciation and amortization	803,000	841,000
Amortization of core deposit intangible assets		72,000
Deferred income taxes	4,000	30,000
Changes in assets and liabilities:
(Increase) decrease in accrued interest receivable	(210,000)	148,000
Increase in other assets	(2,777,000)	(612,000)
Increase in accrued interest payable	3,000	1,000
Net increase in other liabilities	1,968,000	1,240,000
Net cash provided by operating activities	1,750,000	2,319,000
Cash Flows From Investing Activities:
Proceeds from redemption of FHLB Stock	6,492,000	1,125,000
Purchases of FHLB Stock	(6,816,000)	(792,000)
Purchases of available-for-sale securities		(14,989,000)
Proceeds from sale of available-for-sale securities	20,411,000
Proceeds from maturities, calls and principal repayments on available-for-sale securities	2,622,000	24,741,000
Proceeds from sales of loans		3,926,000
Net increase in loans	(90,631,000)	(28,501,000)
Proceeds from sale of other real estate owned		80,000
Purchases of premises and equipment	(375,000)	(332,000)
Net cash used in investing activities	(68,297,000)	(14,742,000)
Cash Flows From Financing Activities:
Net increase in deposits	59,327,000	29,718,000
Proceeds from FHLB advances	1,567,000,000	238,000,000
Repayments of FHLB advances	(1,562,000,000)	(246,000,000)
Net cash provided by financing activities	64,327,000	21,718,000
Net (decrease) increase in cash and cash equivalents	(2,220,000)	9,295,000
Cash and Cash Equivalents:
Beginning	11,716,000	12,694,000
Ending	9,496,000	21,989,000
Supplemental Disclosures:
Interest	3,113,000	2,919,000
Income taxes	$ 549,000	805,000
Supplemental Disclosures of Noncash Investing Activities:
Transfer of loans to loans held for sale		$ 2,779,000

Nature of Business and Summary

Nature of Business and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Nature of Business and Summary of Significant Accounting Policies	Note 1. Nature of Business and Summary of Significant Accounting Policies Ponce De Leon Federal Bank (the “Bank”) is a federally chartered savings association headquartered in the Bronx, New York. Ponce De Leon Federal Bank was originally chartered in 1960 as a federally chartered mutual savings and loan association under the name Ponce De Leon Federal Savings and Loan Association. In 1985, the Bank changed its name to “Ponce De Leon Federal Savings Bank.” In 1997, the Bank changed its name again to “Ponce De Leon Federal Bank.” The Bank’s business is conducted through the administrative office and 13 branch offices. The banking offices are located in the Bronx, Manhattan, Queens and Brooklyn, New York and Union City, New Jersey. The primary market area currently consists of the New York City metropolitan area. The Bank’s business primarily consists of taking deposits from the general public and investing those deposits, together with funds generated from operations, in mortgage loans, consisting of one-to-four family residences (both investor owned and owner occupied), multifamily residences, nonresidential properties and construction and land, and, to a lesser extent, in business and consumer loans. The Bank also invests in securities, which have historically consisted of U.S. Government and federal agency securities and securities issued by government sponsored or owned enterprises, as well as, mortgage-backed securities and Federal Home Loan Bank stock. The Bank offers a variety of deposit accounts, including demand accounts, interest-bearing deposits and certificate of deposit accounts. The unaudited consolidated financial statements and other financial information contained in this quarterly report on Form 10-Q should be read in conjunction with the Bank’s and subsidiaries audited consolidated financial statements at and for the fiscal year ended December 31, 2016 contained in the Company’s definitive prospectus dated March 15, 2017 as filed with the Securities and Exchange Commission pursuant to Securities Act Rule 424(b)(3) on July 27, 2017. As of June 30, 2017, the conversion had not been completed. As of June 30, 2017, PDL Community Bancorp had not yet been formed and as a result did not have any assets or liabilities and had not conducted any business activities. Accordingly, the unaudited consolidated financial statements and the other financial information contained in this quarterly report on Form 10-Q relate solely to the Bank and subsidiaries. Upon completion of the reorganization and the offering, all of the assets, except for $200,000, and liabilities of the Bank will be transferred to and assumed by a federally chartered stock savings bank, owned 100% by PDL Community Bancorp and known as and conducting business under the name “Ponce Bank.” Ponce Bank will continue to operate its business from its administrative office and 13 branch offices referred to above and will continue to be subject to comprehensive regulation and examination by the Office of Comptroller of the Currency. The following is a summary of the Bank’s significant accounting policies: Basis of Financial Statement Presentation and Use of Estimates Interim Financial Statements Principles of Consolidation Significant Group Concentrations of Credit Risk Cash and Cash Equivalents Securities Debt securities that management has the positive intent and ability to hold to maturity, if any, are classified as “held to maturity” and recorded at amortized cost. Trading securities, if any, are carried at fair value, with unrealized gains and losses recognized in earnings. Securities not classified as held to maturity or trading, are classified as “available for sale” and recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income (loss), net of taxes. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Management evaluates securities for other-than-temporary impairment (“OTTI”) on at least a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. For securities in an unrealized loss position, management considers the extent and duration of the unrealized loss, and the financial condition and near-term prospects of the issuer. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the consolidated statement of income and 2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the discounted present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of impairment is recognized through earnings. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific-identification method. The sale of a held-to-maturity security within three months of its maturity date or after collection of at least 85% of the principal outstanding at the time the security was acquired is considered a maturity for purposes of classification and disclosure. Federal Home Loan Bank Stock Loans Receivable Interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the interest method without anticipating prepayments. A loan is moved to nonaccrual status in accordance with the Bank’s policy, typically after 90 days of non-payment. The accrual of interest on mortgage and commercial loans is generally discontinued at the time the loan becomes 90 days past due unless the loan is well-secured and in process of collection. Consumer loans are typically charged-off no later than 120 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual status or charged-off if collection of principal or interest is considered doubtful. All nonaccrual loans are considered impaired loans. All interest accrued but not received for loans placed on nonaccrual are reversed against interest income. Interest received on such loans is accounted for on the cash basis or recorded against principal balances only, until qualifying for return to accrual. Cash basis interest recognition is only applied on nonaccrual loans with a sufficient collateral margin to ensure no doubt with respect to the collectability of principal. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and remain current for a period of time (typically six months) and future payments are reasonably assured. Allowance for Loan Losses The allowance consists of specific and general components. The specific component relates to loans that are individually classified as impaired when, based on current information and events, it is probable that the Bank will be unable to collect all amounts due according to the contractual terms of the loan agreement. Loans for which the terms have been modified resulting in a concession, and for which the borrower is experiencing financial difficulties, are considered troubled debt restructurings (“TDR”) and classified as impaired. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impaired loans are measured for impairment using the fair value of the collateral, present value of cash flows, or the observable market price of the note. Impairment measurement for all collateral dependent loans, excluding accruing TDR’s is based on the fair value of collateral, less costs to sell, if necessary. A loan is considered collateral dependent if repayment of the loan is expected to be provided solely by the sale or the operation of the underlying collateral. When the Bank modifies a loan in a TDR, management evaluates for any possible impairment using either the discounted cash flows method, where the value of the modified loan is based on the present value of expected cash flows, discounted at the contractual interest rate of the original loan agreement, or by using the fair value of the collateral less selling costs if repayment under the modified terms becomes doubtful. The general component covers non‑impaired loans and is based on historical loss experience adjusted for current factors. As of June 30, 2017, the Bank determines the historical loss experience by portfolio segment and it is based on the actual loss experienced by the Bank over a 12 month rolling quarter average period. This actual loss experience is supplemented with other economic factors based on the risks present for each portfolio segment. These economic factors include consideration of the following: levels of and trends in delinquencies and impaired loans; levels of and trends in charge-offs and recoveries; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedures, and practices; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of changes in credit concentrations. When establishing the allowance for loan losses, management categorizes loans into risk categories reflecting individual borrower earnings, liquidity, leverage and cash flow, as well as the nature of underlying collateral. These risk categories and relevant risk characteristics are as follows: Residential and Multifamily Mortgage Loans Nonresidential Mortgage Loans Construction and Land Loans Business Loans Consumer Loans Loans Held for Sale . Transfers of Financial Assets Bank Premises and Equipment Depreciation is computed and charged to operations using the straight-line method over the estimated useful lives of the respective assets as follows: Years Building 39 Building improvements 15 - 39 Furniture, fixtures, and equipment 3 - 10 Leasehold improvements are amortized over the shorter of the improvements’ estimated economic lives or the related lease terms, including extensions expected to be exercised. Gains and losses on dispositions are recognized upon realization. Maintenance and repairs are expensed as incurred and improvements are capitalized. Leasehold improvements in process are not amortized until the assets are placed in operation. Impairment of Long-Lived Assets Other Real Estate Owned Income Taxes When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the consolidated financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits along with any associated interest and penalties that would be payable to the taxing authorities upon examination. As of June 30, 2017 and December 31, 2016, there are no liabilities recorded related to uncertain tax positions. The Bank is no longer subject to income tax examinations by U.S. federal, state or local tax authorities for years before 2013. Interest and penalties associated with unrecognized tax benefits, if any, would be classified as additional provision for income taxes in the consolidated statements of income. Related Party Transactions Pension Benefits Comprehensive Income (Loss) Loss Contingencies Fair Value of Financial Instruments . Loan Commitments and Related Financial Instruments Earnings Per Share (“EPS”) Recent Accounting Pronouncements In January 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-01, “ Financial Instruments – Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, “ Leases (Topic 842) The Bank has begun its evaluation of the amended guidance including the potential impact on its consolidated financial statements. To date, the Bank has identified its leased office space as within the scope of the guidance. The Bank continues to evaluate the impact of the guidance, including determining whether other contracts exist that are deemed to be in scope. As such, no conclusions have yet been reached regarding the potential impact of adoption on the Bank’s consolidated financial statements. Further, to date, no guidance has been issued by either the Company’s or the Bank’s primary regulator with respect to how the impact of the amended standard is to be treated for regulatory capital purposes. In March 2016, the FASB issued ASU 2016-09, “ Compensation - Stock Compensation (Topic 718) In June 2016, the FASB issued ASU 2016-13, “ Measurement of Credit Losses on Financial Instruments While early adoption is permitted, the Bank does not expect to elect that option. The Bank has begun its evaluation of the amended guidance including the potential impact on its consolidated financial statements. As a result of the required change in approach toward determining estimated credit losses from the current “incurred loss” model to one based on estimated cash flows over a loan’s contractual life, adjusted for prepayments (a “life of loan” model), the Bank expects that the new guidance will result in an increase in the allowance for loan losses, particularly for longer duration loan portfolios. The Bank also expects that the new guidance may result in an allowance for debt securities. In both cases, the extent of the change is indeterminable at this time as it will be dependent upon portfolio composition and credit quality at the adoption date, as well as economic conditions and forecasts at that time. Further, to date, no guidance has been issued by the Bank’s primary regulator with respect to how the impact of the amended standard is to be treated for regulatory purposes. In August 2016, the FASB issued ASU 2016-15, “ Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments In May 2014, the FASB issued ASU 2014-09, “ Revenue from Contracts with Customers (Topic 606)” As the Bank will take advantage of extended transition period for complying with new or revised accounting standards assuming we remain an EGC, we will adopt the amendments in this update beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. The Bank expects to apply the amendments in this update by means of a cumulative-effect adjustment as of the beginning of the period in which the guidance is adopted. The adoption of this update is not expected to have a material impact on the Bank’s consolidated financial statements.

Restrictions on Cash and Due Fr

Restrictions on Cash and Due From Banks	6 Months Ended
	Jun. 30, 2017
Cash And Cash Equivalents [Abstract]
Restrictions on Cash and Due From Banks	Note 2. Restrictions on Cash and Due From Banks The Bank is required to maintain reserve balances in cash or on deposit with the Federal Reserve Bank, based on a percentage of deposits. The Bank had $3,948 in cash to cover its minimum reserve requirement of $2,782 at June 30, 2017, and $4,516 in cash to cover its minimum reserve requirements of $2,349 and at December 31, 2016, respectively.

Available-for-Sale Securities

Available-for-Sale Securities	6 Months Ended
	Jun. 30, 2017
Investments Debt And Equity Securities [Abstract]
Available-for-Sale Securities	Note 3. Available-for-Sale Securities The amortized cost, gross unrealized gains and losses, and fair value of available-for-sale securities at June 30, 2017 and December 31, 2016 are summarized as follows: June 30, 2017 (Unaudited) Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value U.S. Government and Federal Agencies $ 24,909 $ — $ (251 ) $ 24,658 Certificates of Deposit — — — — Mortgage-Backed Securities: FHLMC Certificates — — — — FNMA Certificates 1,303 — (2 ) 1,301 GNMA Certificates 3,684 48 (23 ) 3,709 $ 29,896 $ 48 $ (276 ) $ 29,668 December 31, 2016 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value U.S. Government and Federal Agencies $ 41,906 $ — $ (347 ) $ 41,559 Certificates of Deposit 500 — — 500 Mortgage-Backed Securities: FHLMC Certificates 192 24 — 216 FNMA Certificates 3,600 11 (5 ) 3,606 GNMA Certificates 6,744 97 (32 ) 6,809 $ 52,942 $ 132 $ (384 ) $ 52,690 The Bank had no investments that were classified as held to maturity as of June 30, 2017 and December 31, 2016. There were $20.4 million in sales of investment securities in the three and six months ended June 30, 2017 and no sales of investments for the year ended December 31, 2016. The following tables present the Bank's securities' gross unrealized losses and fair values, aggregated by the length of time the individual securities have been in a continuous unrealized loss position, at June 30, 2017 and at December 31, 2016: June 30, 2017 (Unaudited) Securities With Gross Unrealized Losses Less Than 12 Months 12 Months or More Total Total Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss U.S. Government and Federal Agencies $ 22,678 $ (241 ) $ 1,980 $ (10 ) $ 24,658 $ (251 ) Mortgage-Backed FHLMC Certificates — — — — — — FNMA Certificates 1,285 (2 ) — — 1,285 (2 ) GNMA Certificates 1,389 (23 ) — — 1,389 (23 ) $ 25,352 $ (266 ) $ 1,980 $ (10 ) $ 27,332 $ (276 ) December 31, 2016 Securities With Gross Unrealized Losses Less Than 12 Months 12 Months or More Total Total Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss U.S. Government and Federal Agencies $ 41,559 $ (347 ) $ — $ — $ 41,559 $ (347 ) Mortgage-Backed FHLMC Certificates — — — — — — FNMA Certificates 3,489 (5 ) — — 3,489 (5 ) GNMA Certificates 2,645 (32 ) — — 2,645 (32 ) $ 47,693 $ (384 ) $ — $ — $ 47,693 $ (384 ) The Bank’s investment portfolio had 33 investment securities at June 30, 2017 and 52 investment securities at December 31, 2016, respectively. Management believes that the unrealized losses on 14 of its investment securities at June 30, 2017, and 25 of its investment securities at December 31, 2016, respectively, are not other than temporary because the unrealized losses in those securities relate to market interest rate changes and the Bank has the ability to hold them and does not have the intent to sell these securities, and it is not more likely than not that the Bank will be required to sell these securities, before recovery of the cost basis. In addition, management also considers the issuers of the securities to be financially sound and believes the Bank will receive all contractual principal and interest related to these investments. The following is a summary of maturities of securities at June 30, 2017 and December 31, 2016. Amounts are shown by contractual maturity. Because borrowers for mortgage-backed securities have the right to prepay obligations with or without prepayment penalties, these securities are not included within the maturity summary. June 30, 2017 Available-for-Sale (Unaudited) Amortized Fair Cost Value U.S. Government and Federal Agency Securities: Amounts maturing: Three months or less $ — $ — After three months through one year — — After one year through five years 24,909 24,658 24,909 24,658 Certificates of Deposit Three months or less — — Mortgage-Backed Securities 4,987 5,010 Total $ 29,896 $ 29,668 December 31, 2016 Available-for-Sale Amortized Fair Cost Value U.S. Government and Federal Agency Securities: Amounts maturing: After three months through one year $ 2,000 $ 1,998 After one year through five years 39,906 39,561 After ten years — — 41,906 41,559 Certificates of Deposit After three months through one year 500 500 Mortgage-Backed Securities 10,536 10,631 Total $ 52,942 $ 52,690 There were no securities pledged at June 30, 2017 and December 31, 2016.

Loans Receivable and Allowance

Loans Receivable and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Loans Receivable and Allowance for Loan Losses	Note 4. Loans Receivable and Allowance for Loan Losses Loans at June 30, 2017 and December 31, 2016 are summarized as follows: June 30, December 31, 2017 2016 (Unaudited) Mortgage loans: 1-4 family residences Investor Owned $ 256,989 $ 227,409 Owner-Occupied 99,901 97,631 Multifamily residences 172,167 158,200 Nonresidential properties 155,670 121,500 Construction and land 42,116 30,340 Nonmortgage loans: Business loans 14,654 15,719 Consumer loans 850 843 742,347 651,642 Net deferred loan origination costs 828 711 Allowance for losses on loans (10,655 ) (10,205 ) Loans, net $ 732,520 $ 642,148 The Bank's lending activities are conducted principally in New York City. The Bank grants primarily loans secured by real estate to individuals and businesses. The Bank has established credit policies applicable to each type of lending activity in which it engages. The Bank evaluates the creditworthiness of each customer and, in most cases, extends credit up to 75% of the market value of the collateral at the date of the credit extension, depending on the borrowers' creditworthiness and the type of collateral. The market value of collateral is monitored on an ongoing basis and additional collateral is obtained when warranted. Real estate is the primary form of collateral. Other important forms of collateral are time deposits and marketable securities. While collateral provides assurance as a secondary source of repayment, the Bank ordinarily requires the primary source of repayment to be based on the borrowers' ability to generate continuing cash flows. For disclosures related to the allowance for loan losses and credit quality, the Bank does not have any disaggregated classes of loans below the segment level. Credit-Quality Indicators The objectives of the Bank’s risk-rating system are to provide the board of directors and senior management with an objective assessment of the overall quality of the loan portfolio, to promptly and accurately identify loans with well-defined credit weaknesses so that timely action can be taken to minimize credit loss, to identify relevant trends affecting the collectability of the loan portfolio and to isolate potential problem areas and to provide essential information for determining the adequacy of the allowance for loan losses. Below are the definitions of the Bank's internally assigned risk ratings: • Strong Pass – Loans to new or existing borrowers collateralized at least 90 percent by an unimpaired deposit account at the Bank. • Good Pass – A loan to a new or existing borrower like a well-established business in excellent financial condition with strong liquidity and a history of consistently high level of earnings, cash flow and debt service capacity. • Satisfactory Pass – Loan to a new or existing borrower of average strength with acceptable financial condition, satisfactory record of earnings and sufficient historical and projected cash flow to service the debt. • Performance Pass – New or existing loans evidencing less than average strength, financial condition, record of earnings, or projected cash flows with which to service debt. • Special Mention – Loans in this category are currently protected but show one or more potential weakness and risks which may inadequately protect the Bank’s credit position or borrower’s ability to meet repayment terms at some future date if the weakness is not checked or corrected. • Substandard – Loans that are inadequately protected by the repayment capacity of the borrower or the current sound net worth of the collateral pledged, if any. Loans in this category have well defined weaknesses and risks that jeopardize the repayment. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. • Doubtful – Loans that have all the weaknesses of loans classified as “Substandard” with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of current existing facts, conditions, and values, highly questionable and improbable. • Loss – Loans that are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. Loans within the top four categories above are considered pass rated, as commonly defined. Risk ratings are assigned as necessary to differentiate risk within the portfolio. They are reviewed on an ongoing basis and revised to reflect changes in the borrowers’ financial condition and outlook, debt service coverage capability, repayment performance, collateral value and coverage as well as other considerations. The following tables present credit risk ratings by loan segment as of June 30, 2017 and December 31, 2016: June 30, 2017 (Unaudited) Mortgage Loans Nonmortgage Loans Construction Total 1-4 Family Multifamily Nonresidential and Land Business Consumer Loans Risk Rating: Pass $ 343,566 $ 171,629 $ 152,616 $ 35,716 $ 14,642 $ 850 $ 719,019 Special mention 3,009 538 209 — — — 3,756 Substandard 10,315 — 2,845 6,400 12 — 19,572 Doubtful — — — — — — — Total $ 356,890 $ 172,167 $ 155,670 $ 42,116 $ 14,654 $ 850 $ 742,347 December 31, 2016 Mortgage Loans Nonmortgage Loans Construction Total 1-4 Family Multifamily Nonresidential and Land Business Consumer Loans Risk Rating: Pass $ 313,345 $ 158,200 $ 117,467 $ 24,316 $ 15,697 $ 843 $ 629,868 Special mention 2,549 — — — — 2,549 Substandard 9,146 — 4,033 6,024 22 — 19,225 Doubtful — — — — — — — Total $ 325,040 $ 158,200 $ 121,500 $ 30,340 $ 15,719 $ 843 $ 651,642 An aging analysis of loans, as of June 30, 2017 and December 31, 2016, is as follows: June 30, 2017 (Unaudited) 30-59 60-89 Over Over Days Days 90 Days Nonaccrual 90 Days Current Past Due Past Due Past Due Total Loans Accruing Mortgages: 1-4 Family Investor Owned $ 256,524 $ — $ 140 $ 325 $ 256,989 $ 1,761 $ — Owner Occupied 97,357 246 2,298 99,901 3,273 Multifamily 172,167 — — — 172,167 — — Nonresidential properties 154,529 — — 1,141 155,670 1,652 — Construction and land 42,116 — — — 42,116 1,008 — Nonmortgage Loans: — Business 14,576 66 — 12 14,654 12 — Consumer 850 — — — 850 — — Total $ 738,119 $ 66 $ 386 $ 3,776 $ 742,347 $ 7,706 $ — December 31, 2016 30-59 60-89 Over Over Days Days 90 Days Nonaccrual 90 Days Current Past Due Past Due Past Due Total Loans Accruing Mortgages: 1-4 Family Investor Owned $ 224,368 $ 2,716 $ — $ 325 $ 227,409 $ 2,048 $ — Owner-Occupied 92,778 2,562 557 1,734 97,631 2,110 — Multifamily 157,381 819 — — 158,200 — — Nonresidential properties 119,465 41 — 1,994 121,500 2,397 — Construction and land 30,340 — — — 30,340 1,145 — Nonmortgage Loans: Business 15,672 25 — 22 15,719 22 — Consumer 843 — — — 843 — — Total $ 640,847 $ 6,163 $ 557 $ 4,075 $ 651,642 $ 7,722 $ — The following schedules illustrate the composition of the allowance for loan losses and the related recorded investment in loans as of June 30, 2017 and December 31, 2016: For the Six Months Ended June 30, 2017 (Unaudited) Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated 2017 Allowances for loan losses: Balance, beginning of period $ 3,147 $ 1,804 $ 2,705 $ 1,320 $ 615 $ 597 $ 17 $ — $ 10,205 Provision charged to expense 379 (321 ) 282 414 138 (619 ) (14 ) — 259 Losses charged-off — — — — — (34 ) — — (34 ) Recoveries 10 - 1 5 — 204 5 — 225 Balance, end of period $ 3,536 $ 1,483 $ 2,988 $ 1,739 $ 753 $ 148 $ 8 $ — $ 10,655 Ending balance: individually evaluated for impairment $ 524 $ 401 $ — $ 258 $ — $ — $ — $ — $ 1,183 Ending balance: collectively evaluated for impairment 3,012 1,082 2,988 1,481 753 148 8 — 9,472 Unallocated — — — — — — — — — Total $ 3,536 $ 1,483 $ 2,988 $ 1,739 $ 753 $ 148 $ 8 $ — $ 10,655 Loans: Ending balance: individually evaluated for impairment $ 8,869 $ 8,712 $ — $ 5,661 $ 1,008 $ 529 $ — $ — $ 24,779 Ending balance: collectively evaluated for impairment 248,120 91,189 172,167 150,009 41,108 14,125 850 — 717,568 Total $ 256,989 $ 99,901 $ 172,167 $ 155,670 $ 42,116 $ 14,654 $ 850 $ — $ 742,347 For the Three Months Ended June 30, 2017 (Unaudited) Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated 2017 Allowances for loan losses: Balance, beginning of period $ 3,181 $ 1,729 $ 2,800 $ 1,568 $ 672 $ 115 $ 9 $ 296 $ 10,370 Provision charged to expense 350 (246 ) 188 169 81 (33 ) (6 ) (296 ) 207 Losses charged-off — — — — — (24 ) — — (24 ) Recoveries 5 — — 2 — 90 5 — 102 Balance, end of period $ 3,536 $ 1,483 $ 2,988 $ 1,739 $ 753 $ 148 $ 8 $ — $ 10,655 For the Six Months Ended June 30, 2016 (Unaudited) Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated 2016 Allowances for loan losses: Balance, beginning of period $ 2,842 $ 2,127 $ 1,994 $ 1,298 $ 502 $ 709 $ 12 $ — $ 9,484 Provision charged to expense 241 (248 ) 377 (93 ) 64 (654 ) 1 — (312 ) Losses charged-off (16 ) — (3 ) — (85 ) — — — (104 ) Recoveries 8 136 — 5 5 530 5 — 689 Balance, end of period $ 3,075 $ 2,015 $ 2,368 $ 1,210 $ 486 $ 585 $ 18 $ — $ 9,757 Ending balance: individually evaluated for impairment $ 385 $ 764 $ — $ 273 $ — $ — $ — $ — $ 1,422 Ending balance: collectively evaluated for impairment 2,690 1,251 2,368 937 486 585 18 — 8,335 Unallocated — — — — — — — — — Total $ 3,075 $ 2,015 $ 2,368 $ 1,210 $ 486 $ 585 $ 18 $ — $ 9,757 Loans: Ending balance: individually evaluated for impairment $ 8,903 $ 9,887 $ — $ 6,557 $ 806 $ 710 $ — $ — $ 26,863 Ending balance: collectively evaluated for impairment 204,069 92,685 140,043 101,852 22,046 14,450 914 — 576,059 Total $ 212,972 $ 102,572 $ 140,043 $ 108,409 $ 22,852 $ 15,160 $ 914 $ — $ 602,922 For the Three Months Ended June 30, 2016 (Unaudited) Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated 2016 Allowances for loan losses: Balance, beginning of period $ 3,069 $ 2,095 $ 2,285 $ 1,182 $ 412 $ 403 $ 16 $ — $ 9,462 Provision charged to expense 17 (82 ) 86 27 69 121 (3 ) — 235 Losses charged-off (16 ) — (3 ) (1 ) — — — — (20 ) Recoveries 5 2 — 2 5 61 5 — 80 Balance, end of period $ 3,075 $ 2,015 $ 2,368 $ 1,210 $ 486 $ 585 $ 18 $ — $ 9,757 For the Year Ended December 31, 2016 Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated 2016 Allowances for loan losses: Balance, beginning of year $ 2,842 $ 2,127 $ 1,994 $ 1,298 $ 502 $ 709 $ 12 $ — $ 9,484 Provision charged to expense 183 (323 ) 713 13 193 (845 ) 9 — (57 ) Losses charged-off (38 ) — (3 ) — (85 ) — (13 ) — (139 ) Recoveries 160 — 1 9 5 733 9 — 917 Balance, end of year $ 3,147 $ 1,804 $ 2,705 $ 1,320 $ 615 $ 597 $ 17 $ — $ 10,205 Ending balance: individually evaluated for impairment $ 383 $ 719 $ — $ 261 $ — $ 10 $ — $ — $ 1,373 Ending balance: collectively evaluated for impairment 2,764 1,085 2,705 1,059 615 587 17 — 8,832 Unallocated — — — — — — — — — Total $ 3,147 $ 1,804 $ 2,705 $ 1,320 $ 615 $ 597 $ 17 $ — $ 10,205 Loans are considered impaired when current information and events indicate that the Bank may be unable to collect all amounts due according to the contractual terms of the related loan agreements. The Bank identifies impaired loans, including TDR’s, by applying its normal loan review procedures in accordance with its Allowance for Loan Loss methodology. Management periodically assesses loans to determine whether impairment exists. Any loan that is or will potentially no longer perform in accordance with the terms of the original loan contract is evaluated to determine impairment. The following information relates to impaired loans as of and for the six months ended June 30, 2017 and as of and for the year ended December 31, 2016: Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized June 30, 2017 Balance Allowance Allowance Investment Allowance Investment on Cash Basis (Unaudited) Mortgages: 1-4 Family $ 18,941 $ 8,346 $ 9,235 $ 17,581 $ 925 $ 18,201 $ 422 Multifamily — — — — — — — Nonresidential properties 6,317 3,134 2,527 5,661 258 6,319 141 Construction and land 1,124 1,008 — 1,008 — 1,028 — Nonmortgage Loans: Business 571 529 — 529 — 612 8 Consumer — — — — — — — Total $ 26,953 $ 13,017 $ 11,762 $ 24,779 $ 1,183 $ 26,160 $ 571 Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized December 31, 2016 Balance Allowance Allowance Investment Allowance Investment on Cash Basis Mortgages: 1-4 Family $ 19,367 $ 7,507 $ 10,349 $ 17,856 $ 1,102 $ 20,131 $ 722 Multifamily — — — — — 309 — Nonresidential properties 7,096 3,897 2,562 6,459 261 6,541 235 Construction and land 1,241 1,145 — 1,145 — 912 — Nonmortgage Loans: Business 672 605 10 615 10 748 24 Consumer — — — — — — — Total $ 28,376 $ 13,154 $ 12,921 $ 26,075 $ 1,373 $ 28,641 $ 981 The Bank’s portfolio also includes certain loans that have been modified in a TDR. TDRs occur when a creditor, for economic or legal reasons related to a debtor’s financial condition, grants a concession to the debtor that it would not otherwise consider, unless it results in a delay in payment that is insignificant. These concessions could include a reduction of interest rate on the loan, payment and maturity extensions, forbearance, or other actions intended to maximize collections. When the Bank modifies a loan in a TDR, management evaluates for any possible impairment using either the discounted cash flows method, where the value of the modified loan is based on the present value of expected cash flows, discounted at the contractual interest rate of the original loan agreement, or by using the fair value of the collateral less selling costs if repayment under the modified terms becomes doubtful. If management determines that the value of the modified loan in a TDR is less than the recorded investment in the loan, impairment is recognized through a specific allowance estimate or charge-off to the allowance. As of and for the six months ended June 30, 2017 and year ended December 31, 2016, there were no loans that were restructured as a TDR. For the six months ended June 30, 2017 and year ended December 31, 2016, there were no outstanding TDR loans that had a payment default within 12 months following its modification. At June 30, 2017, the Bank had 53 troubled debt restructured loans, included in impaired loans, of $19,857. At December 31, 2016, the Bank had 58 troubled debt restructured loans, included in impaired loans, of $21,021. The Bank has no commitments to lend additional funds to borrowers whose loans have been modified in a troubled debt restructuring. The financial impact from the concessions made by the Bank represents specific impairment reserves on these loans which aggregated $1,183, $1,373 at June 30, 2017 and December 31, 2016, respectively.

Bank Premises and Equipment

Bank Premises and Equipment	6 Months Ended
	Jun. 30, 2017
Property Plant And Equipment [Abstract]
Bank Premises and Equipment	Note 5. Bank Premises and Equipment A summary of premises and equipment at June 30, 2017 and December 31, 2016 is as follows: June 30, December 31, 2017 2016 (Unaudited) Land $ 3,979 $ 3,979 Buildings and improvements 15,972 15,972 Leasehold improvements 19,499 19,280 Furniture, fixtures and equipment 3,954 3,799 43,404 43,030 Less accumulated depreciation and amortization (17,805 ) (17,002 ) $ 25,599 $ 26,028 Depreciation and amortization expense amounted to $399 and $418 for the three months ended June 30, 2017 and 2016, respectively, and $803 and $841 for the six months ended June 30, 2017 and 2016, respectively, and is included in occupancy expense.

Deposits

Deposits	6 Months Ended
	Jun. 30, 2017
Banking And Thrift [Abstract]
Deposits	Note 6. Deposits Deposits at June 30, 2017 and December 31, 2016 are summarized as follows: June 30, December 31, 2017 2016 (Unaudited) Demand $ 91,060 $ 78,792 Interest-bearing deposits: NOW/IOLA accounts 26,247 25,692 Money market accounts 49,065 42,788 Savings accounts 130,504 127,085 Total savings, NOW and money market 205,816 195,565 Certificates of deposit of $250K or more 123,861 90,267 All other certificates of deposit 281,669 278,454 Total certificates of deposit 405,530 368,721 Total interest-bearing deposits 611,346 564,286 Total deposits $ 702,406 $ 643,078 At June 30, 2017 and December 31, 2016, scheduled maturities of certificates of deposit were as follows: June 30, 2018 $ 156,495 2019 87,386 2020 43,494 2021 67,672 2022 50,483 $ 405,530 December 31, 2017 $ 168,940 2018 69,973 2019 40,690 2020 35,327 2021 53,791 $ 368,721 Overdrawn deposit accounts that have been reclassified to loans amounted to $185 and $149 as of June 30, 2017 and December 31, 2016, respectively.

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Borrowings	Note 7. Borrowings FHLB Advances The Bank had $8,000 and $3,000 of outstanding advances from the FHLB on an overnight line of credit basis at June 30, 2017 and December 31, 2016, respectively. The Bank also had a guarantee from the FHLB through a standby letter of credit of $6,792 and $2,487 at June 30, 2017 and December 31, 2016, respectively. The floating interest rate on the overnight advances from the FHLB was 1.28% and 0.78% at June 30, 2017 and December 31, 2016. Interest expense on FHLB advances totaled $32 and $0 for the three months ended June 30, 2017 and 2016. Interest expense on FHLB advances totaled $61 and $6 for the six months ended June 30, 2017 and 2016, respectively. As of June 30, 2017 and December 31, 2016, the Bank has eligible collateral of approximately $174,480 and $164,843 in mortgage loans available to secure advances from the FHLB. Securities Sold under Agreement to Repurchase

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Note 8. Income Taxes The provision (benefit) for income taxes for the three months and six months ended June 30, 2017 and 2016 consists of the following: For the Three Months Ended June 30, For the Six Months Ended June 30, 2017 2016 2017 2016 (Unaudited) (Unaudited) Federal: Current $ 624 $ (66 ) $ 881 $ (482 ) Deferred 23 99 132 1,197 647 33 1,013 715 State and local: Current 56 60 102 (261 ) Deferred (181 ) 80 (380 ) (294 ) (125 ) 140 (278 ) (555 ) Changes in valuation allowance 119 (56 ) 251 447 Provision for income taxes $ 641 $ 117 $ 986 $ 607 Total income tax expense differed from the amounts computed by applying the U.S. federal income tax rate of 34% for the three months and six months ended June 30, 2017 and 2016 to income before income taxes as a result of the following: For the Three Months Ended June 30, For the Six Months Ended June 30, 2017 2016 2017 2016 (Unaudited) (Unaudited) Income tax, at federal rate $ 600 $ 72 $ 909 $ 514 State and local tax, net of federal taxes (91 ) (20 ) (174 ) (354 ) Valuation allowance, net of the federal benefit 132 65 251 447 Other — — — — $ 641 $ 117 $ 986 $ 607 Management maintains a valuation allowance against its net New York State and New York City deferred tax assets as it is unlikely these deferred tax assets will impact the Bank’s tax liability in future years. Management has determined that it is not required to establish a valuation allowance against any other deferred tax assets since it is more likely than not that the deferred tax assets will be fully utilized in future periods. In assessing the need for a valuation allowance, management considers the scheduled reversal of the deferred tax liabilities, the level of historical taxable income, and the projected future taxable income over the periods that the temporary differences comprising the deferred tax assets will be deductible. At June 30, 2017 and December 31, 2016, the Bank had no unrecognized tax benefits recorded. The Bank does not expect the total amount of unrecognized tax benefits to significantly increase in the next twelve months. The Bank recognizes interest and penalties on unrecognized tax benefits as a component of income tax expense. The Bank is subject to U.S. federal income tax, New York State income tax, New Jersey income tax, and New York City income tax. The Bank is no longer subject to examination by taxing authorities for years before 2013. The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at June 30, 2017 and December 31, 2016 are presented below: At June 30, At December 31, 2017 2016 (Unaudited) Deferred tax assets: Allowance for losses on loans $ 4,544 $ 4,352 Accrued expenses — — Interest on nonaccrual loans 352 525 Unrealized loss on available-for-sale securities 78 86 Amortization of intangible assets 207 219 Deferred rent payable 228 212 Net operating losses 1,591 1,340 Other 11 20 Total gross deferred tax assets 7,011 6,754 Deferred tax liabilities: Cumulative contribution in excess of net periodic benefit costs, net 1,164 1,179 Depreciation and amortization of premises and equipment 398 426 Deferred loan fees 353 303 Other 17 17 Total gross deferred tax liabilities 1,932 1,925 Valuation allowance 1,701 1,450 Net deferred tax assets $ 3,378 $ 3,379

Pension Plans

Pension Plans	6 Months Ended
	Jun. 30, 2017
Compensation And Retirement Disclosure [Abstract]
Pension Plans	Note 9. Pension Plans Defined Benefit Plan In May of 2015, the Plan was amended to provide an early retirement window from February 19, 2015 to July 1, 2015, for individuals who met certain criteria with regards to age and years of service. Participants who met the criteria were essentially able to receive their expected retirement benefits three years earlier if they chose to exercise the early retirement option. The amendment also gave participants the option of receiving their vested pension benefits via a lump sum payment upon retirement. The following table sets forth the Old Pension Plan’s funded status and amounts recognized in the Bank’s consolidated statements of financial condition as of June 30, 2017 and December 31, 2016 using a measurement date as of June 30, 2017 and December 31, 2016, respectively: June 30, December 31, 2017 2016 (Unaudited) Projected benefit obligation $ (14,108 ) $ (14,142 ) Fair value of plan assets 14,963 15,038 Funded status $ 855 $ 896 Accumulated benefit obligation $ (14,108 ) $ (14,142 ) Amounts recognized in accumulated other comprehensive loss, which will be amortized into net periodic benefit cost over the coming years, consisted of the following components at June 30, 2017 and December 31, 2016: June 30, December 31, 2017 2016 (Unaudited) Net loss $ (9,249 ) $ (9,217 ) The net periodic benefit cost and amounts recognized in other comprehensive loss are as follows for the six months ended June 30, 2017 and the year ended December 31, 2016: June 30, December 31, 2017 2016 (Unaudited) Net periodic benefit $ 10 $ 79 Net actuarial gain (loss) 31 (456 ) Total recognized in net periodic benefit cost and other comprehensive loss $ 41 $ (377 ) Weighted-average assumptions used by the Bank to determine the net benefit obligations consisted of the following as of June 30, 2017 and December 31, 2016: June 30, December 31, 2017 2016 (Unaudited) Discount rate 4.25% 4.25% Rate of compensation increase 0.00% 0.00% Weighted-average assumptions used by the Bank to determine the net benefit cost consisted of the following for the three months ended June 30, 2017 and for the year ended December 31, 2016: June 30, December 31, 2017 2016 (Unaudited) Discount rate 4.25% 4.25% Rate of compensation increase 0.00% 0.00% Expected long-term rate of return on assets 6.00% 6.00% The Bank’s expected rate of return on plan assets is estimated based on the plan’s historical performance of return on assets. The Bank’s investment policy for plan assets is to manage the portfolio to preserve principal and liquidity while maximizing the return on the plan’s investment portfolio through the full investment of available funds. Plan assets are currently maintained in a guaranteed deposit account with Prudential Retirement Insurance and Annuity Company, earning interest at rates that are determined at the beginning of each year. Pension assets consist solely of funds on deposit in a guaranteed deposit account. The fair value of the Bank’s pension plan assets at June 30, 2017 and December 31, 2016 was $14,963 and $15,038, respectively. The guaranteed deposit account is valued at fair value by discounting the related cash flows based on current yields of similar instruments with comparable durations considering the creditworthiness of the issuer. Such fair value measurement is considered a Level 2 measurement. Employer contributions and benefit payments for the six months ended June 30, 2017 and for the year ended December 31, 2016 are as follows: June 30, December 31, 2017 2016 (Unaudited) Employer contribution $ — $ 870 Benefits paid $ 184 $ 853 Employee benefit payments expected to be paid in the future are as follows: As of June 30, 2017 $ 670 2018 841 2019 840 2020 818 2021 798 Thereafter 3,841 $ 7,808 Year ending December 31 2017 $ 854 2018 841 2019 840 2020 818 2021 798 Thereafter 3,841 $ 7,992 401(k) Plan On January 1, 2007, the Bank adopted a qualified defined contribution retirement plan under Section 401(k) of the Internal Revenue Code. The 401(k) Plan also qualifies under the Internal Revenue Service safe harbor provisions, as defined. Employees are eligible to participate in the 401(k) Plan after completing one year of service. The 401(k) Plan provides for elective employee/participant deferrals of income. The Bank may elect to provide discretionary matching, profit-sharing, and safe harbor contributions, not to exceed 4% of employee compensation and profit-sharing contributions. No contributions were made for the six months ended June 30, 2017. Contributions were approximately $339 for the year ended December 31, 2016.

Commitments, Contingencies and

Commitments, Contingencies and Credit Risk	6 Months Ended
	Jun. 30, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments, Contingencies and Credit Risk	Note 10. Commitments, Contingencies and Credit Risk Financial Instruments With Off-Balance-Sheet Risk The contractual amounts of commitments to extend credit represent the amounts of potential accounting loss should the contract be fully drawn upon, the customer default, and the value of any existing collateral become worthless. The Bank uses the same credit policies in making commitments and contractual obligations as it does for on-balance-sheet instruments. Financial instruments whose contractual amounts represent credit risk at June 30, 2017 and December 31, 2016 are as follows: June 30, December 31, 2017 2016 (Unaudited) Commitments to grant mortgage loans $ 51,720 $ 33,813 Unfunded commitments under lines of credit 36,680 27,404 Standby letters of credit 6,792 2,487 $ 95,192 $ 63,704 Commitments to Grant Mortgage Loans Unfunded Commitments Under Lines of Credit Standby Letters of Credit Concentration by Geographic Location Lease Commitments The projected minimum rental payments under the terms of the leases at June 30, 2017 and December 31, 2016 are as follows: June 30, December 31, (Unaudited) 2017 $ 673 $ 1,062 2018 1,365 990 2019 1,221 1,011 2020 1,199 1,041 2021 1,235 1,072 Thereafter 9,099 6,654 $ 14,792 $ 11,830 Legal Matters Regulatory Agreement:

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value	Note 11. Fair Value The following fair value hierarchy is used based on the lowest level of input significant to the fair value measurement. There are three levels of inputs that may be used to measure fair values: Level 1 – Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2 – Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 – Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The Bank used the following methods and significant assumptions to estimate fair value: Cash and Cash Equivalents, Accrued Interest Receivable, Advance Payments by Borrowers for Taxes and Insurance, Short-Term Borrowings Under Repurchase Agreements and Accrued Interest Payable Available-for-Sale Securities FHLB Stock Loans Loans Held for Sale Other Real Estate Owned Deposits Advances From the Federal Home Loan Bank Off-Balance-Sheet Instruments Fair values for the Bank's off-balance-sheet instruments (lending commitments The following tables detail the assets that are carried at fair value and measured at fair value on a recurring basis as of June 30, 2017 and December 31, 2016, and indicate the level within the fair value hierarchy utilized by the Bank to determine the fair value: June 30, 2017 (Unaudited) Description Total Level 1 Level 2 Level 3 Available-for-Sale Securities: U.S. government and federal agencies $ 24,658 $ — $ 24,658 $ — Certificates of Deposit — — — — Mortgage-Backed Securities: FHLMC Certificates — — — — FNMA Certificates 1,301 — 1,301 — GNMA Certificates 3,709 — 3,709 — $ 29,668 $ — $ 29,668 $ — December 31, 2016 Description Total Level 1 Level 2 Level 3 Available-for-Sale Securities: U.S. government and federal agencies $ 41,559 $ — $ 41,559 $ — Certificates of Deposit 500 — 500 — Mortgage-Backed Securities: FHLMC Certificates 216 — 216 — FNMA Certificates 3,606 — 3,606 — GNMA Certificates 6,809 — 6,809 — $ 52,690 $ — $ 52,690 $ — The following tables detail the assets carried at fair value and measured at fair value on a nonrecurring basis as of June 30, 2017 and December 31, 2016 and indicate the fair value hierarchy utilized by the Bank to determine the fair value: June 30, 2017 (Unaudited) Total Level 1 Level 2 Level 3 Impaired loans $ 24,779 $ — $ — $ 24,779 Loans held for sale $ 2,143 $ — $ 2,143 $ — Other real estate owned $ — $ — $ — $ — December 31, 2016 Total Level 1 Level 2 Level 3 Impaired loans $ 26,075 $ — $ — $ 26,075 Loans held for sale $ 2,143 $ — $ 2,143 $ — Other real estate owned $ — $ — $ — $ — Losses on assets carried at fair value on a nonrecurring basis were immaterial for the three months and six months ended June 30, 2017 and 2016, respectively. The Bank discloses fair value information about financial instruments, whether or not recognized in the consolidated statements of financial condition, for which it is practicable to estimate that value. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Bank. The estimated fair value amounts for 2017 and 2016 have been measured as of their respective period-ends and have not been reevaluated or updated for purposes of these consolidated financial statements subsequent to those respective dates. As such, the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than amounts reported at each period. The information presented should not be interpreted as an estimate of the fair value of the entire Bank since a fair value calculation is only required for a limited portion of the Bank's assets and liabilities. Due to the wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Bank's disclosures and those of other banks may not be meaningful. As of June 30, 2017 and December 31, 2016, the recorded book balances and estimated fair values of the Bank's financial instruments were as follows: Carrying Fair Value Measurements June 30, 2017 (Unaudited) Amount Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 9,496 $ 9,496 $ — $ — $ 9,496 Investment securities 29,668 — 29,668 — 29,668 Loans held for sale 2,143 — 2,143 — 2,143 Loans receivable, net 732,520 — — 748,928 748,928 Accrued interest receivable 2,917 — 2,917 — 2,917 FHLB stock 1,288 1,288 — — 1,288 Pension plan asset — 14,963 — 14,963 Financial liabilities: Deposits: Demand deposits 91,060 91,060 — — 91,060 Interest-bearing deposits 205,816 205,816 — — 205,816 Certificates of deposit 405,530 — 411,406 — 411,406 Advance payments by borrowers for taxes and insurance 4,661 — 4,661 — 4,661 Advances from FHLB 8,000 8,000 — — 8,000 Accrued interest payable 31 — 31 — 31 December 31, 2016 Financial assets: Cash and cash equivalents $ 11,716 $ 11,716 $ — $ — $ 11,716 Investment securities 52,690 — 52,690 — 52,690 Loans held for sale 2,143 — 2,143 — 2,143 Loans receivable, net 642,148 — — 660,706 660,706 Accrued interest receivable 2,707 — 2,707 — 2,707 FHLB stock 964 964 — — 964 Pension plan asset — 15,038 — 15,038 Financial liabilities: Deposits: Demand deposits 78,792 78,792 — — 78,792 Interest-bearing deposits 195,565 195,565 — — 195,565 Certificates of deposit 368,721 — 368,721 — 368,721 Advance payments by borrowers for taxes and insurance 3,882 — 3,882 — 3,882 Advances from FHLB 3,000 3,000 — — 3,000 Accrued interest payable 28 — 28 — 28 Off-Balance-Sheet Instruments Pension Plan Asset

Regulatory Capital Requirements

Regulatory Capital Requirements	6 Months Ended
	Jun. 30, 2017
Banking And Thrift [Abstract]
Regulatory Capital Requirements	Note 12. Regulatory Capital Requirements The Bank is subject to various regulatory capital requirements administered by the OCC. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank’s operations and financial statements. Under the regulatory capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank's assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank's capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Quantitative measures established by regulation require the Bank to maintain minimum amounts and ratios (set forth in the table below) of total risk-based and Tier 1 capital to risk-weighted assets (as defined), common equity Tier 1 capital (as defined), and Tier 1 capital to adjusted total assets (as defined) adjusted total assets (as defined). Management believes that, as of June 30, 2017 and December 31, 2016, the Bank met all capital adequacy requirements to which it is subject. The below minimum capital requirements exclude the capital conservation buffer required to avoid limitations on capital distributions including dividend payments and certain discretionary bonus payments to executive officers. The capital conservation buffer is being phased in from 0% for 2015 to 2.5% by 2019. The capital buffer for the Bank was 9.3% at June 30, 2017 and 11.2% at December 31, 2016. The most recent notification from the OCC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, Tier 1 risk-based and Tier 1 leverage ratios as set forth in the table below. There were no conditions or events since then that management believes have changed the Bank's category. The Bank's actual capital amounts and ratios as of June 30, 2017 and December 31, 2016 as compared to regulatory requirements are as follows (dollars in thousands): To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio June 30, 2017 (Unaudited) Total Capital to Risk-Weighted Assets $ 108,803 17.34 % $ 50,189 8.00 % $ 62,737 10.00 % Tier 1 Capital to Risk-Weighted Assets 100,926 16.09 % 37,642 6.00 % 50,189 8.00 % Common Equity Tier 1 Capital Ratio 100,926 16.09 % 28,232 4.50 % 40,779 6.50 % Tier 1 Capital to Total Assets 100,926 12.70 % 31,781 4.00 % 39,727 5.00 % To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio December 31, 2016 Total Capital to Risk-Weighted Assets $ 106,190 19.21 % $ 44,217 8.00 % $ 55,271 10.00 % Tier 1 Capital to Risk-Weighted Assets 99,240 17.96 % 33,163 6.00 % 44,217 8.00 % Common Equity Tier 1 Capital Ratio 99,240 17.96 % 24,872 4.50 % 35,926 6.50 % Tier 1 Capital to Total Assets 99,240 13.32 % 29,805 4.00 % 37,256 5.00 %

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 13. Accumulated Other Comprehensive Income (Loss) The components of accumulated other comprehensive income (losses) are as follows: June 30, 2017 (Unaudited) December 31, 2016 Current Year Change June 30, 2017 Unrealized gains (losses) on securities available for sale, net $ (166 ) $ 15 $ (151 ) Unrealized losses on pension benefits, net (6,084 ) (20 ) (6,104 ) Total $ (6,250 ) $ (5 ) $ (6,255 ) December 31, 2016 December 31, 2015 Current Year Change December 31, 2016 Unrealized gains (losses) on securities available for sale, net $ (370 ) $ 204 $ (166 ) Unrealized gains (losses) on pension benefits, net (6,385 ) 301 (6,084 ) Total $ (6,755 ) $ 505 $ (6,250 )

Transactions With Related Parti

Transactions With Related Parties	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Transactions With Related Parties	Note 14. Transactions With Related Parties Directors and officers of the Bank have been customers of and have had transactions with the Bank, and it is expected that such persons will continue to have such transactions in the future. Aggregate loan transactions with related parties for the three months ended June 30, 2017 and 2016 and for the six months ended June 30, 2017 and 2016 were as follows: For the Three Months Ended June 30, For the Six Months Ended June 30, 2017 2016 2017 2016 (Unaudited) (Unaudited) Beginning balance $ 1,540 $ 1,702 $ 1,573 $ 1,728 Originations — — — — Payments (31 ) (25 ) (64 ) (51 ) Ending balance $ 1,509 $ 1,677 $ 1,509 $ 1,677 The Bank held deposits in the amount of $6,138 and $6,856 from officers and directors at June 30, 2017 and December 31, 2016, respectively.

Nature of Business and Summar22

Nature of Business and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Financial Statement Presentation and Use of Estimates	Basis of Financial Statement Presentation and Use of Estimates
Interim Financial Statements	Interim Financial Statements
Principles of Consolidation	Principles of Consolidation
Significant Group Concentrations of Credit Risk	Significant Group Concentrations of Credit Risk
Cash and Cash Equivalents	Cash and Cash Equivalents
Securities	Securities Debt securities that management has the positive intent and ability to hold to maturity, if any, are classified as “held to maturity” and recorded at amortized cost. Trading securities, if any, are carried at fair value, with unrealized gains and losses recognized in earnings. Securities not classified as held to maturity or trading, are classified as “available for sale” and recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income (loss), net of taxes. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Management evaluates securities for other-than-temporary impairment (“OTTI”) on at least a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. For securities in an unrealized loss position, management considers the extent and duration of the unrealized loss, and the financial condition and near-term prospects of the issuer. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the consolidated statement of income and 2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the discounted present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of impairment is recognized through earnings. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific-identification method. The sale of a held-to-maturity security within three months of its maturity date or after collection of at least 85% of the principal outstanding at the time the security was acquired is considered a maturity for purposes of classification and disclosure.
Federal Home Loan Bank Stock	Federal Home Loan Bank Stock
Loans Receivable	Loans Receivable Interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the interest method without anticipating prepayments. A loan is moved to nonaccrual status in accordance with the Bank’s policy, typically after 90 days of non-payment. The accrual of interest on mortgage and commercial loans is generally discontinued at the time the loan becomes 90 days past due unless the loan is well-secured and in process of collection. Consumer loans are typically charged-off no later than 120 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual status or charged-off if collection of principal or interest is considered doubtful. All nonaccrual loans are considered impaired loans. All interest accrued but not received for loans placed on nonaccrual are reversed against interest income. Interest received on such loans is accounted for on the cash basis or recorded against principal balances only, until qualifying for return to accrual. Cash basis interest recognition is only applied on nonaccrual loans with a sufficient collateral margin to ensure no doubt with respect to the collectability of principal. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and remain current for a period of time (typically six months) and future payments are reasonably assured.
Allowance for Loan Losses	Allowance for Loan Losses The allowance consists of specific and general components. The specific component relates to loans that are individually classified as impaired when, based on current information and events, it is probable that the Bank will be unable to collect all amounts due according to the contractual terms of the loan agreement. Loans for which the terms have been modified resulting in a concession, and for which the borrower is experiencing financial difficulties, are considered troubled debt restructurings (“TDR”) and classified as impaired. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impaired loans are measured for impairment using the fair value of the collateral, present value of cash flows, or the observable market price of the note. Impairment measurement for all collateral dependent loans, excluding accruing TDR’s is based on the fair value of collateral, less costs to sell, if necessary. A loan is considered collateral dependent if repayment of the loan is expected to be provided solely by the sale or the operation of the underlying collateral. When the Bank modifies a loan in a TDR, management evaluates for any possible impairment using either the discounted cash flows method, where the value of the modified loan is based on the present value of expected cash flows, discounted at the contractual interest rate of the original loan agreement, or by using the fair value of the collateral less selling costs if repayment under the modified terms becomes doubtful. The general component covers non‑impaired loans and is based on historical loss experience adjusted for current factors. As of June 30, 2017, the Bank determines the historical loss experience by portfolio segment and it is based on the actual loss experienced by the Bank over a 12 month rolling quarter average period. This actual loss experience is supplemented with other economic factors based on the risks present for each portfolio segment. These economic factors include consideration of the following: levels of and trends in delinquencies and impaired loans; levels of and trends in charge-offs and recoveries; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedures, and practices; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of changes in credit concentrations. When establishing the allowance for loan losses, management categorizes loans into risk categories reflecting individual borrower earnings, liquidity, leverage and cash flow, as well as the nature of underlying collateral. These risk categories and relevant risk characteristics are as follows:
Residential and Multifamily Mortgage Loans	Residential and Multifamily Mortgage Loans
Nonresidential Mortgage Loans	Nonresidential Mortgage Loans
Construction and Land Loans	Construction and Land Loans
Business Loans	Business Loans
Consumer Loans	Consumer Loans
Loans Held for Sale	Loans Held for Sale .
Transfers of Financial Assets	Transfers of Financial Assets
Bank Premises and Equipment	Bank Premises and Equipment Depreciation is computed and charged to operations using the straight-line method over the estimated useful lives of the respective assets as follows: Years Building 39 Building improvements 15 - 39 Furniture, fixtures, and equipment 3 - 10 Leasehold improvements are amortized over the shorter of the improvements’ estimated economic lives or the related lease terms, including extensions expected to be exercised. Gains and losses on dispositions are recognized upon realization. Maintenance and repairs are expensed as incurred and improvements are capitalized. Leasehold improvements in process are not amortized until the assets are placed in operation.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets
Other Real Estate Owned	Other Real Estate Owned
Income Taxes	Income Taxes When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the consolidated financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits along with any associated interest and penalties that would be payable to the taxing authorities upon examination. As of June 30, 2017 and December 31, 2016, there are no liabilities recorded related to uncertain tax positions. The Bank is no longer subject to income tax examinations by U.S. federal, state or local tax authorities for years before 2013. Interest and penalties associated with unrecognized tax benefits, if any, would be classified as additional provision for income taxes in the consolidated statements of income.
Related Party Transactions	Related Party Transactions
Pension Benefits	Pension Benefits
Comprehensive Income (Loss)	Comprehensive Income (Loss)
Loss Contingencies	Loss Contingencies
Fair Value of Financial Instruments	Fair Value of Financial Instruments .
Loan Commitments and Related Financial Instruments	Loan Commitments and Related Financial Instruments
Earnings Per Share ("EPS")	Earnings Per Share (“EPS”)
Recent Accounting Pronouncements	Recent Accounting Pronouncements In January 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-01, “ Financial Instruments – Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, “ Leases (Topic 842) The Bank has begun its evaluation of the amended guidance including the potential impact on its consolidated financial statements. To date, the Bank has identified its leased office space as within the scope of the guidance. The Bank continues to evaluate the impact of the guidance, including determining whether other contracts exist that are deemed to be in scope. As such, no conclusions have yet been reached regarding the potential impact of adoption on the Bank’s consolidated financial statements. Further, to date, no guidance has been issued by either the Company’s or the Bank’s primary regulator with respect to how the impact of the amended standard is to be treated for regulatory capital purposes. In March 2016, the FASB issued ASU 2016-09, “ Compensation - Stock Compensation (Topic 718) In June 2016, the FASB issued ASU 2016-13, “ Measurement of Credit Losses on Financial Instruments While early adoption is permitted, the Bank does not expect to elect that option. The Bank has begun its evaluation of the amended guidance including the potential impact on its consolidated financial statements. As a result of the required change in approach toward determining estimated credit losses from the current “incurred loss” model to one based on estimated cash flows over a loan’s contractual life, adjusted for prepayments (a “life of loan” model), the Bank expects that the new guidance will result in an increase in the allowance for loan losses, particularly for longer duration loan portfolios. The Bank also expects that the new guidance may result in an allowance for debt securities. In both cases, the extent of the change is indeterminable at this time as it will be dependent upon portfolio composition and credit quality at the adoption date, as well as economic conditions and forecasts at that time. Further, to date, no guidance has been issued by the Bank’s primary regulator with respect to how the impact of the amended standard is to be treated for regulatory purposes. In August 2016, the FASB issued ASU 2016-15, “ Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments In May 2014, the FASB issued ASU 2014-09, “ Revenue from Contracts with Customers (Topic 606)” As the Bank will take advantage of extended transition period for complying with new or revised accounting standards assuming we remain an EGC, we will adopt the amendments in this update beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. The Bank expects to apply the amendments in this update by means of a cumulative-effect adjustment as of the beginning of the period in which the guidance is adopted. The adoption of this update is not expected to have a material impact on the Bank’s consolidated financial statements.

Nature of Business and Summar23

Nature of Business and Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Estimated Useful Lives of Assets	Depreciation is computed and charged to operations using the straight-line method over the estimated useful lives of the respective assets as follows: Years Building 39 Building improvements 15 - 39 Furniture, fixtures, and equipment 3 - 10

Available-for-Sale Securities (

Available-for-Sale Securities (Tables)	6 Months Ended
	Jun. 30, 2017
Investments Debt And Equity Securities [Abstract]
Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value of Available-for-Sale Securities	The amortized cost, gross unrealized gains and losses, and fair value of available-for-sale securities at June 30, 2017 and December 31, 2016 are summarized as follows: June 30, 2017 (Unaudited) Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value U.S. Government and Federal Agencies $ 24,909 $ — $ (251 ) $ 24,658 Certificates of Deposit — — — — Mortgage-Backed Securities: FHLMC Certificates — — — — FNMA Certificates 1,303 — (2 ) 1,301 GNMA Certificates 3,684 48 (23 ) 3,709 $ 29,896 $ 48 $ (276 ) $ 29,668 December 31, 2016 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value U.S. Government and Federal Agencies $ 41,906 $ — $ (347 ) $ 41,559 Certificates of Deposit 500 — — 500 Mortgage-Backed Securities: FHLMC Certificates 192 24 — 216 FNMA Certificates 3,600 11 (5 ) 3,606 GNMA Certificates 6,744 97 (32 ) 6,809 $ 52,942 $ 132 $ (384 ) $ 52,690
Bank's Securities' Gross Unrealized Losses and Fair Values, Aggregated by Length of Time Individual Securities Have Been in a Continuous Unrealized Loss Position	The following tables present the Bank's securities' gross unrealized losses and fair values, aggregated by the length of time the individual securities have been in a continuous unrealized loss position, at June 30, 2017 and at December 31, 2016: June 30, 2017 (Unaudited) Securities With Gross Unrealized Losses Less Than 12 Months 12 Months or More Total Total Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss U.S. Government and Federal Agencies $ 22,678 $ (241 ) $ 1,980 $ (10 ) $ 24,658 $ (251 ) Mortgage-Backed FHLMC Certificates — — — — — — FNMA Certificates 1,285 (2 ) — — 1,285 (2 ) GNMA Certificates 1,389 (23 ) — — 1,389 (23 ) $ 25,352 $ (266 ) $ 1,980 $ (10 ) $ 27,332 $ (276 ) December 31, 2016 Securities With Gross Unrealized Losses Less Than 12 Months 12 Months or More Total Total Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss U.S. Government and Federal Agencies $ 41,559 $ (347 ) $ — $ — $ 41,559 $ (347 ) Mortgage-Backed FHLMC Certificates — — — — — — FNMA Certificates 3,489 (5 ) — — 3,489 (5 ) GNMA Certificates 2,645 (32 ) — — 2,645 (32 ) $ 47,693 $ (384 ) $ — $ — $ 47,693 $ (384 )
Summary of Maturities of Securities	The following is a summary of maturities of securities at June 30, 2017 and December 31, 2016. Amounts are shown by contractual maturity. Because borrowers for mortgage-backed securities have the right to prepay obligations with or without prepayment penalties, these securities are not included within the maturity summary. June 30, 2017 Available-for-Sale (Unaudited) Amortized Fair Cost Value U.S. Government and Federal Agency Securities: Amounts maturing: Three months or less $ — $ — After three months through one year — — After one year through five years 24,909 24,658 24,909 24,658 Certificates of Deposit Three months or less — — Mortgage-Backed Securities 4,987 5,010 Total $ 29,896 $ 29,668 December 31, 2016 Available-for-Sale Amortized Fair Cost Value U.S. Government and Federal Agency Securities: Amounts maturing: After three months through one year $ 2,000 $ 1,998 After one year through five years 39,906 39,561 After ten years — — 41,906 41,559 Certificates of Deposit After three months through one year 500 500 Mortgage-Backed Securities 10,536 10,631 Total $ 52,942 $ 52,690

Loans Receivable and Allowanc25

Loans Receivable and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Summary of Loans	Loans at June 30, 2017 and December 31, 2016 are summarized as follows: June 30, December 31, 2017 2016 (Unaudited) Mortgage loans: 1-4 family residences Investor Owned $ 256,989 $ 227,409 Owner-Occupied 99,901 97,631 Multifamily residences 172,167 158,200 Nonresidential properties 155,670 121,500 Construction and land 42,116 30,340 Nonmortgage loans: Business loans 14,654 15,719 Consumer loans 850 843 742,347 651,642 Net deferred loan origination costs 828 711 Allowance for losses on loans (10,655 ) (10,205 ) Loans, net $ 732,520 $ 642,148
Schedule of Credit Risk Ratings by Loan Segment	The following tables present credit risk ratings by loan segment as of June 30, 2017 and December 31, 2016: June 30, 2017 (Unaudited) Mortgage Loans Nonmortgage Loans Construction Total 1-4 Family Multifamily Nonresidential and Land Business Consumer Loans Risk Rating: Pass $ 343,566 $ 171,629 $ 152,616 $ 35,716 $ 14,642 $ 850 $ 719,019 Special mention 3,009 538 209 — — — 3,756 Substandard 10,315 — 2,845 6,400 12 — 19,572 Doubtful — — — — — — — Total $ 356,890 $ 172,167 $ 155,670 $ 42,116 $ 14,654 $ 850 $ 742,347 December 31, 2016 Mortgage Loans Nonmortgage Loans Construction Total 1-4 Family Multifamily Nonresidential and Land Business Consumer Loans Risk Rating: Pass $ 313,345 $ 158,200 $ 117,467 $ 24,316 $ 15,697 $ 843 $ 629,868 Special mention 2,549 — — — — 2,549 Substandard 9,146 — 4,033 6,024 22 — 19,225 Doubtful — — — — — — — Total $ 325,040 $ 158,200 $ 121,500 $ 30,340 $ 15,719 $ 843 $ 651,642
Schedule of Aging Analysis of Loans	An aging analysis of loans, as of June 30, 2017 and December 31, 2016, is as follows: June 30, 2017 (Unaudited) 30-59 60-89 Over Over Days Days 90 Days Nonaccrual 90 Days Current Past Due Past Due Past Due Total Loans Accruing Mortgages: 1-4 Family Investor Owned $ 256,524 $ — $ 140 $ 325 $ 256,989 $ 1,761 $ — Owner Occupied 97,357 246 2,298 99,901 3,273 Multifamily 172,167 — — — 172,167 — — Nonresidential properties 154,529 — — 1,141 155,670 1,652 — Construction and land 42,116 — — — 42,116 1,008 — Nonmortgage Loans: — Business 14,576 66 — 12 14,654 12 — Consumer 850 — — — 850 — — Total $ 738,119 $ 66 $ 386 $ 3,776 $ 742,347 $ 7,706 $ — December 31, 2016 30-59 60-89 Over Over Days Days 90 Days Nonaccrual 90 Days Current Past Due Past Due Past Due Total Loans Accruing Mortgages: 1-4 Family Investor Owned $ 224,368 $ 2,716 $ — $ 325 $ 227,409 $ 2,048 $ — Owner-Occupied 92,778 2,562 557 1,734 97,631 2,110 — Multifamily 157,381 819 — — 158,200 — — Nonresidential properties 119,465 41 — 1,994 121,500 2,397 — Construction and land 30,340 — — — 30,340 1,145 — Nonmortgage Loans: Business 15,672 25 — 22 15,719 22 — Consumer 843 — — — 843 — — Total $ 640,847 $ 6,163 $ 557 $ 4,075 $ 651,642 $ 7,722 $ —
Schedule of Composition of Allowance for Loan Losses and Related Recorded Investment	The following schedules illustrate the composition of the allowance for loan losses and the related recorded investment in loans as of June 30, 2017 and December 31, 2016: For the Six Months Ended June 30, 2017 (Unaudited) Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated 2017 Allowances for loan losses: Balance, beginning of period $ 3,147 $ 1,804 $ 2,705 $ 1,320 $ 615 $ 597 $ 17 $ — $ 10,205 Provision charged to expense 379 (321 ) 282 414 138 (619 ) (14 ) — 259 Losses charged-off — — — — — (34 ) — — (34 ) Recoveries 10 - 1 5 — 204 5 — 225 Balance, end of period $ 3,536 $ 1,483 $ 2,988 $ 1,739 $ 753 $ 148 $ 8 $ — $ 10,655 Ending balance: individually evaluated for impairment $ 524 $ 401 $ — $ 258 $ — $ — $ — $ — $ 1,183 Ending balance: collectively evaluated for impairment 3,012 1,082 2,988 1,481 753 148 8 — 9,472 Unallocated — — — — — — — — — Total $ 3,536 $ 1,483 $ 2,988 $ 1,739 $ 753 $ 148 $ 8 $ — $ 10,655 Loans: Ending balance: individually evaluated for impairment $ 8,869 $ 8,712 $ — $ 5,661 $ 1,008 $ 529 $ — $ — $ 24,779 Ending balance: collectively evaluated for impairment 248,120 91,189 172,167 150,009 41,108 14,125 850 — 717,568 Total $ 256,989 $ 99,901 $ 172,167 $ 155,670 $ 42,116 $ 14,654 $ 850 $ — $ 742,347 For the Three Months Ended June 30, 2017 (Unaudited) Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated 2017 Allowances for loan losses: Balance, beginning of period $ 3,181 $ 1,729 $ 2,800 $ 1,568 $ 672 $ 115 $ 9 $ 296 $ 10,370 Provision charged to expense 350 (246 ) 188 169 81 (33 ) (6 ) (296 ) 207 Losses charged-off — — — — — (24 ) — — (24 ) Recoveries 5 — — 2 — 90 5 — 102 Balance, end of period $ 3,536 $ 1,483 $ 2,988 $ 1,739 $ 753 $ 148 $ 8 $ — $ 10,655 For the Six Months Ended June 30, 2016 (Unaudited) Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated 2016 Allowances for loan losses: Balance, beginning of period $ 2,842 $ 2,127 $ 1,994 $ 1,298 $ 502 $ 709 $ 12 $ — $ 9,484 Provision charged to expense 241 (248 ) 377 (93 ) 64 (654 ) 1 — (312 ) Losses charged-off (16 ) — (3 ) — (85 ) — — — (104 ) Recoveries 8 136 — 5 5 530 5 — 689 Balance, end of period $ 3,075 $ 2,015 $ 2,368 $ 1,210 $ 486 $ 585 $ 18 $ — $ 9,757 Ending balance: individually evaluated for impairment $ 385 $ 764 $ — $ 273 $ — $ — $ — $ — $ 1,422 Ending balance: collectively evaluated for impairment 2,690 1,251 2,368 937 486 585 18 — 8,335 Unallocated — — — — — — — — — Total $ 3,075 $ 2,015 $ 2,368 $ 1,210 $ 486 $ 585 $ 18 $ — $ 9,757 Loans: Ending balance: individually evaluated for impairment $ 8,903 $ 9,887 $ — $ 6,557 $ 806 $ 710 $ — $ — $ 26,863 Ending balance: collectively evaluated for impairment 204,069 92,685 140,043 101,852 22,046 14,450 914 — 576,059 Total $ 212,972 $ 102,572 $ 140,043 $ 108,409 $ 22,852 $ 15,160 $ 914 $ — $ 602,922 For the Three Months Ended June 30, 2016 (Unaudited) Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated 2016 Allowances for loan losses: Balance, beginning of period $ 3,069 $ 2,095 $ 2,285 $ 1,182 $ 412 $ 403 $ 16 $ — $ 9,462 Provision charged to expense 17 (82 ) 86 27 69 121 (3 ) — 235 Losses charged-off (16 ) — (3 ) (1 ) — — — — (20 ) Recoveries 5 2 — 2 5 61 5 — 80 Balance, end of period $ 3,075 $ 2,015 $ 2,368 $ 1,210 $ 486 $ 585 $ 18 $ — $ 9,757 For the Year Ended December 31, 2016 Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated 2016 Allowances for loan losses: Balance, beginning of year $ 2,842 $ 2,127 $ 1,994 $ 1,298 $ 502 $ 709 $ 12 $ — $ 9,484 Provision charged to expense 183 (323 ) 713 13 193 (845 ) 9 — (57 ) Losses charged-off (38 ) — (3 ) — (85 ) — (13 ) — (139 ) Recoveries 160 — 1 9 5 733 9 — 917 Balance, end of year $ 3,147 $ 1,804 $ 2,705 $ 1,320 $ 615 $ 597 $ 17 $ — $ 10,205 Ending balance: individually evaluated for impairment $ 383 $ 719 $ — $ 261 $ — $ 10 $ — $ — $ 1,373 Ending balance: collectively evaluated for impairment 2,764 1,085 2,705 1,059 615 587 17 — 8,832 Unallocated — — — — — — — — — Total $ 3,147 $ 1,804 $ 2,705 $ 1,320 $ 615 $ 597 $ 17 $ — $ 10,205
Schedule of Information Relates to Impaired Loans	The following information relates to impaired loans as of and for the six months ended June 30, 2017 and as of and for the year ended December 31, 2016: Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized June 30, 2017 Balance Allowance Allowance Investment Allowance Investment on Cash Basis (Unaudited) Mortgages: 1-4 Family $ 18,941 $ 8,346 $ 9,235 $ 17,581 $ 925 $ 18,201 $ 422 Multifamily — — — — — — — Nonresidential properties 6,317 3,134 2,527 5,661 258 6,319 141 Construction and land 1,124 1,008 — 1,008 — 1,028 — Nonmortgage Loans: Business 571 529 — 529 — 612 8 Consumer — — — — — — — Total $ 26,953 $ 13,017 $ 11,762 $ 24,779 $ 1,183 $ 26,160 $ 571 Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized December 31, 2016 Balance Allowance Allowance Investment Allowance Investment on Cash Basis Mortgages: 1-4 Family $ 19,367 $ 7,507 $ 10,349 $ 17,856 $ 1,102 $ 20,131 $ 722 Multifamily — — — — — 309 — Nonresidential properties 7,096 3,897 2,562 6,459 261 6,541 235 Construction and land 1,241 1,145 — 1,145 — 912 — Nonmortgage Loans: Business 672 605 10 615 10 748 24 Consumer — — — — — — — Total $ 28,376 $ 13,154 $ 12,921 $ 26,075 $ 1,373 $ 28,641 $ 981

Bank Premises and Equipment (Ta

Bank Premises and Equipment (Tables)	6 Months Ended
	Jun. 30, 2017
Property Plant And Equipment [Abstract]
Summary of Premises and Equipment	A summary of premises and equipment at June 30, 2017 and December 31, 2016 is as follows: June 30, December 31, 2017 2016 (Unaudited) Land $ 3,979 $ 3,979 Buildings and improvements 15,972 15,972 Leasehold improvements 19,499 19,280 Furniture, fixtures and equipment 3,954 3,799 43,404 43,030 Less accumulated depreciation and amortization (17,805 ) (17,002 ) $ 25,599 $ 26,028

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2017
Banking And Thrift [Abstract]
Summarized Deposits	Deposits at June 30, 2017 and December 31, 2016 are summarized as follows: June 30, December 31, 2017 2016 (Unaudited) Demand $ 91,060 $ 78,792 Interest-bearing deposits: NOW/IOLA accounts 26,247 25,692 Money market accounts 49,065 42,788 Savings accounts 130,504 127,085 Total savings, NOW and money market 205,816 195,565 Certificates of deposit of $250K or more 123,861 90,267 All other certificates of deposit 281,669 278,454 Total certificates of deposit 405,530 368,721 Total interest-bearing deposits 611,346 564,286 Total deposits $ 702,406 $ 643,078
Scheduled Maturities of Certificates of Deposit	At June 30, 2017 and December 31, 2016, scheduled maturities of certificates of deposit were as follows: June 30, 2018 $ 156,495 2019 87,386 2020 43,494 2021 67,672 2022 50,483 $ 405,530 December 31, 2017 $ 168,940 2018 69,973 2019 40,690 2020 35,327 2021 53,791 $ 368,721

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The provision (benefit) for income taxes for the three months and six months ended June 30, 2017 and 2016 consists of the following: For the Three Months Ended June 30, For the Six Months Ended June 30, 2017 2016 2017 2016 (Unaudited) (Unaudited) Federal: Current $ 624 $ (66 ) $ 881 $ (482 ) Deferred 23 99 132 1,197 647 33 1,013 715 State and local: Current 56 60 102 (261 ) Deferred (181 ) 80 (380 ) (294 ) (125 ) 140 (278 ) (555 ) Changes in valuation allowance 119 (56 ) 251 447 Provision for income taxes $ 641 $ 117 $ 986 $ 607
Schedule of Reconciliation of Differences Between Federal Income Tax Rate and Total Income Tax Expense	Total income tax expense differed from the amounts computed by applying the U.S. federal income tax rate of 34% for the three months and six months ended June 30, 2017 and 2016 to income before income taxes as a result of the following: For the Three Months Ended June 30, For the Six Months Ended June 30, 2017 2016 2017 2016 (Unaudited) (Unaudited) Income tax, at federal rate $ 600 $ 72 $ 909 $ 514 State and local tax, net of federal taxes (91 ) (20 ) (174 ) (354 ) Valuation allowance, net of the federal benefit 132 65 251 447 Other — — — — $ 641 $ 117 $ 986 $ 607
Schedule of Significant Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at June 30, 2017 and December 31, 2016 are presented below: At June 30, At December 31, 2017 2016 (Unaudited) Deferred tax assets: Allowance for losses on loans $ 4,544 $ 4,352 Accrued expenses — — Interest on nonaccrual loans 352 525 Unrealized loss on available-for-sale securities 78 86 Amortization of intangible assets 207 219 Deferred rent payable 228 212 Net operating losses 1,591 1,340 Other 11 20 Total gross deferred tax assets 7,011 6,754 Deferred tax liabilities: Cumulative contribution in excess of net periodic benefit costs, net 1,164 1,179 Depreciation and amortization of premises and equipment 398 426 Deferred loan fees 353 303 Other 17 17 Total gross deferred tax liabilities 1,932 1,925 Valuation allowance 1,701 1,450 Net deferred tax assets $ 3,378 $ 3,379

Pension Plans (Tables)

Pension Plans (Tables)	6 Months Ended
	Jun. 30, 2017
Compensation And Retirement Disclosure [Abstract]
Summary Of Pension Plan Funded Status and Amounts Recognized in Financial Condition Statements	The following table sets forth the Old Pension Plan’s funded status and amounts recognized in the Bank’s consolidated statements of financial condition as of June 30, 2017 and December 31, 2016 using a measurement date as of June 30, 2017 and December 31, 2016, respectively: June 30, December 31, 2017 2016 (Unaudited) Projected benefit obligation $ (14,108 ) $ (14,142 ) Fair value of plan assets 14,963 15,038 Funded status $ 855 $ 896 Accumulated benefit obligation $ (14,108 ) $ (14,142 )
Benefit Costs Recognized in Accumulated Other Comprehensive Loss	Amounts recognized in accumulated other comprehensive loss, which will be amortized into net periodic benefit cost over the coming years, consisted of the following components at June 30, 2017 and December 31, 2016: June 30, December 31, 2017 2016 (Unaudited) Net loss $ (9,249 ) $ (9,217 )
Net Periodic Benefit Cost and Amounts Recognized in Other Comprehensive Loss	The net periodic benefit cost and amounts recognized in other comprehensive loss are as follows for the six months ended June 30, 2017 and the year ended December 31, 2016: June 30, December 31, 2017 2016 (Unaudited) Net periodic benefit $ 10 $ 79 Net actuarial gain (loss) 31 (456 ) Total recognized in net periodic benefit cost and other comprehensive loss $ 41 $ (377 )
Weighted Average Assumptions Used to Determine Net Benefit Obligations	Weighted-average assumptions used by the Bank to determine the net benefit obligations consisted of the following as of June 30, 2017 and December 31, 2016: June 30, December 31, 2017 2016 (Unaudited) Discount rate 4.25% 4.25% Rate of compensation increase 0.00% 0.00%
Weighted Average Assumptions Used to Determine Net Benefit Cost	Weighted-average assumptions used by the Bank to determine the net benefit cost consisted of the following for the three months ended June 30, 2017 and for the year ended December 31, 2016: June 30, December 31, 2017 2016 (Unaudited) Discount rate 4.25% 4.25% Rate of compensation increase 0.00% 0.00% Expected long-term rate of return on assets 6.00% 6.00%
Employer Contributions and Benefit Payments	Employer contributions and benefit payments for the six months ended June 30, 2017 and for the year ended December 31, 2016 are as follows: June 30, December 31, 2017 2016 (Unaudited) Employer contribution $ — $ 870 Benefits paid $ 184 $ 853
Expected Employee Benefit Payments	Employee benefit payments expected to be paid in the future are as follows: As of June 30, 2017 $ 670 2018 841 2019 840 2020 818 2021 798 Thereafter 3,841 $ 7,808 Year ending December 31 2017 $ 854 2018 841 2019 840 2020 818 2021 798 Thereafter 3,841 $ 7,992

Commitments, Contingencies an30

Commitments, Contingencies and Credit Risk (Tables)	6 Months Ended
	Jun. 30, 2017
Commitments And Contingencies Disclosure [Abstract]
Financial Instruments Whose Contractual Amounts Represent Credit Risk	Financial instruments whose contractual amounts represent credit risk at June 30, 2017 and December 31, 2016 are as follows: June 30, December 31, 2017 2016 (Unaudited) Commitments to grant mortgage loans $ 51,720 $ 33,813 Unfunded commitments under lines of credit 36,680 27,404 Standby letters of credit 6,792 2,487 $ 95,192 $ 63,704
Projected Minimum Rental Payments under Terms of Leases	The projected minimum rental payments under the terms of the leases at June 30, 2017 and December 31, 2016 are as follows: June 30, December 31, (Unaudited) 2017 $ 673 $ 1,062 2018 1,365 990 2019 1,221 1,011 2020 1,199 1,041 2021 1,235 1,072 Thereafter 9,099 6,654 $ 14,792 $ 11,830

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Assets Measured at Fair Value on Recurring Basis	The following tables detail the assets that are carried at fair value and measured at fair value on a recurring basis as of June 30, 2017 and December 31, 2016, and indicate the level within the fair value hierarchy utilized by the Bank to determine the fair value: June 30, 2017 (Unaudited) Description Total Level 1 Level 2 Level 3 Available-for-Sale Securities: U.S. government and federal agencies $ 24,658 $ — $ 24,658 $ — Certificates of Deposit — — — — Mortgage-Backed Securities: FHLMC Certificates — — — — FNMA Certificates 1,301 — 1,301 — GNMA Certificates 3,709 — 3,709 — $ 29,668 $ — $ 29,668 $ — December 31, 2016 Description Total Level 1 Level 2 Level 3 Available-for-Sale Securities: U.S. government and federal agencies $ 41,559 $ — $ 41,559 $ — Certificates of Deposit 500 — 500 — Mortgage-Backed Securities: FHLMC Certificates 216 — 216 — FNMA Certificates 3,606 — 3,606 — GNMA Certificates 6,809 — 6,809 — $ 52,690 $ — $ 52,690 $ —
Assets Measured at Fair Value on Nonrecurring Basis	The following tables detail the assets carried at fair value and measured at fair value on a nonrecurring basis as of June 30, 2017 and December 31, 2016 and indicate the fair value hierarchy utilized by the Bank to determine the fair value: June 30, 2017 (Unaudited) Total Level 1 Level 2 Level 3 Impaired loans $ 24,779 $ — $ — $ 24,779 Loans held for sale $ 2,143 $ — $ 2,143 $ — Other real estate owned $ — $ — $ — $ — December 31, 2016 Total Level 1 Level 2 Level 3 Impaired loans $ 26,075 $ — $ — $ 26,075 Loans held for sale $ 2,143 $ — $ 2,143 $ — Other real estate owned $ — $ — $ — $ —
Estimated Fair Values of Financial Instruments	As of June 30, 2017 and December 31, 2016, the recorded book balances and estimated fair values of the Bank's financial instruments were as follows: Carrying Fair Value Measurements June 30, 2017 (Unaudited) Amount Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 9,496 $ 9,496 $ — $ — $ 9,496 Investment securities 29,668 — 29,668 — 29,668 Loans held for sale 2,143 — 2,143 — 2,143 Loans receivable, net 732,520 — — 748,928 748,928 Accrued interest receivable 2,917 — 2,917 — 2,917 FHLB stock 1,288 1,288 — — 1,288 Pension plan asset — 14,963 — 14,963 Financial liabilities: Deposits: Demand deposits 91,060 91,060 — — 91,060 Interest-bearing deposits 205,816 205,816 — — 205,816 Certificates of deposit 405,530 — 411,406 — 411,406 Advance payments by borrowers for taxes and insurance 4,661 — 4,661 — 4,661 Advances from FHLB 8,000 8,000 — — 8,000 Accrued interest payable 31 — 31 — 31 December 31, 2016 Financial assets: Cash and cash equivalents $ 11,716 $ 11,716 $ — $ — $ 11,716 Investment securities 52,690 — 52,690 — 52,690 Loans held for sale 2,143 — 2,143 — 2,143 Loans receivable, net 642,148 — — 660,706 660,706 Accrued interest receivable 2,707 — 2,707 — 2,707 FHLB stock 964 964 — — 964 Pension plan asset — 15,038 — 15,038 Financial liabilities: Deposits: Demand deposits 78,792 78,792 — — 78,792 Interest-bearing deposits 195,565 195,565 — — 195,565 Certificates of deposit 368,721 — 368,721 — 368,721 Advance payments by borrowers for taxes and insurance 3,882 — 3,882 — 3,882 Advances from FHLB 3,000 3,000 — — 3,000 Accrued interest payable 28 — 28 — 28

Regulatory Capital Requiremen32

Regulatory Capital Requirements (Tables)	6 Months Ended
	Jun. 30, 2017
Banking And Thrift [Abstract]
Summary of Bank's Actual Capital Amounts and Ratios As Compared to Regulatory Requirements	The Bank's actual capital amounts and ratios as of June 30, 2017 and December 31, 2016 as compared to regulatory requirements are as follows (dollars in thousands): To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio June 30, 2017 (Unaudited) Total Capital to Risk-Weighted Assets $ 108,803 17.34 % $ 50,189 8.00 % $ 62,737 10.00 % Tier 1 Capital to Risk-Weighted Assets 100,926 16.09 % 37,642 6.00 % 50,189 8.00 % Common Equity Tier 1 Capital Ratio 100,926 16.09 % 28,232 4.50 % 40,779 6.50 % Tier 1 Capital to Total Assets 100,926 12.70 % 31,781 4.00 % 39,727 5.00 % To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio December 31, 2016 Total Capital to Risk-Weighted Assets $ 106,190 19.21 % $ 44,217 8.00 % $ 55,271 10.00 % Tier 1 Capital to Risk-Weighted Assets 99,240 17.96 % 33,163 6.00 % 44,217 8.00 % Common Equity Tier 1 Capital Ratio 99,240 17.96 % 24,872 4.50 % 35,926 6.50 % Tier 1 Capital to Total Assets 99,240 13.32 % 29,805 4.00 % 37,256 5.00 %

Accumulated Other Comprehensi33

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Components of Accumulated Other Comprehensive Income (Losses)	The components of accumulated other comprehensive income (losses) are as follows: June 30, 2017 (Unaudited) December 31, 2016 Current Year Change June 30, 2017 Unrealized gains (losses) on securities available for sale, net $ (166 ) $ 15 $ (151 ) Unrealized losses on pension benefits, net (6,084 ) (20 ) (6,104 ) Total $ (6,250 ) $ (5 ) $ (6,255 ) December 31, 2016 December 31, 2015 Current Year Change December 31, 2016 Unrealized gains (losses) on securities available for sale, net $ (370 ) $ 204 $ (166 ) Unrealized gains (losses) on pension benefits, net (6,385 ) 301 (6,084 ) Total $ (6,755 ) $ 505 $ (6,250 )

Transactions With Related Par34

Transactions With Related Parties (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Schedule of Aggregate Loan Transactions with Related Parties	Aggregate loan transactions with related parties for the three months ended June 30, 2017 and 2016 and for the six months ended June 30, 2017 and 2016 were as follows: For the Three Months Ended June 30, For the Six Months Ended June 30, 2017 2016 2017 2016 (Unaudited) (Unaudited) Beginning balance $ 1,540 $ 1,702 $ 1,573 $ 1,728 Originations — — — — Payments (31 ) (25 ) (64 ) (51 ) Ending balance $ 1,509 $ 1,677 $ 1,509 $ 1,677

Nature of Business and Summar35

Nature of Business and Summary of Significant Accounting Policies - Additional Information (Details)	6 Months Ended
	Jun. 30, 2017USD ($)BranchOffice$ / shares	Dec. 31, 2016USD ($)
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Assets not transferred	$ 200,000
Ownership percentage	100.00%
Number of branch offices | BranchOffice	13
Minimum collection percentage of securities required to be considered as a maturity	85.00%
Period of historical loss experience to estimate allowance for loan losses	12 months
Percentage of largest amount of tax benefits likely to realize	50.00%
Liabilities recorded for uncertainty tax position	$ 0	$ 0
Earnings per share | $ / shares	$ 0
Commercial Real Estate Portfolio Segment
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Period on which interest rate is adjusted	5 years
Minimum
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Percentage of loan to value ratio	65.00%
Minimum | Construction Loans
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Loan term	6 months
Minimum | Commercial Real Estate Portfolio Segment
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Loan amortization period	15 years
Balloon payments period of loan	10 years
Minimum | Commercial Portfolio Segment
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Loan term	5 years
Maximum
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Percentage of loan to value ratio	90.00%
Maximum | Construction Loans
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Loan term	2 years
Maximum | Commercial Real Estate Portfolio Segment
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Percentage of loan to value ratio	75.00%
Loan amortization period	30 years
Balloon payments period of loan	15 years
Maximum | Commercial Portfolio Segment
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Loan term	7 years

Nature of Business and Summar36

Nature of Business and Summary of Significant Accounting Policies - Estimated Useful Lives of Assets (Detail)	6 Months Ended
	Jun. 30, 2017
Building
Property Plant And Equipment [Line Items]
Estimated useful lives of assets	39 years
Minimum | Building Improvements
Property Plant And Equipment [Line Items]
Estimated useful lives of assets	15 years
Minimum | Furniture, Fixtures and Equipment
Property Plant And Equipment [Line Items]
Estimated useful lives of assets	3 years
Maximum | Building Improvements
Property Plant And Equipment [Line Items]
Estimated useful lives of assets	39 years
Maximum | Furniture, Fixtures and Equipment
Property Plant And Equipment [Line Items]
Estimated useful lives of assets	10 years

Restrictions on Cash and Due 37

Restrictions on Cash and Due From Banks - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Cash And Cash Equivalents [Abstract]
Restricted cash	$ 3,948	$ 4,516
Required reserve balances in cash or on deposit with the Federal Reserve Bank	$ 2,782	$ 2,349

Available-for-Sale Securities -

Available-for-Sale Securities - Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value of Available-for-Sale Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	$ 29,896	$ 52,942
Gross Unrealized Gains	48	132
Gross Unrealized Losses	(276)	(384)
Fair Value	29,668	52,690
U.S. Government and Federal Agencies
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	24,909	41,906
Gross Unrealized Losses	(251)	(347)
Fair Value	24,658	41,559
Certificates of Deposit
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost		500
Fair Value		500
FHLMC Certificates
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost		192
Gross Unrealized Gains		24
Fair Value		216
FNMA Certificates
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	1,303	3,600
Gross Unrealized Gains		11
Gross Unrealized Losses	(2)	(5)
Fair Value	1,301	3,606
GNMA Certificates
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	3,684	6,744
Gross Unrealized Gains	48	97
Gross Unrealized Losses	(23)	(32)
Fair Value	$ 3,709	$ 6,809

Available-for-Sale Securities39

Available-for-Sale Securities - Additional Information (Details)	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2017USD ($)Investment	Jun. 30, 2017USD ($)Investment	Dec. 31, 2016USD ($)Investment
Investments Debt And Equity Securities [Abstract]
Held to maturity	$ 0	$ 0	$ 0
Proceeds from sale of available-for-sale securities	$ 20,400,000	$ 20,411,000	$ 0
Number of investment securities | Investment	33	33	52
Number of investment securities not other than temporary | Investment	14	14	25
Securities pledged	$ 0	$ 0	$ 0

Available-for-Sale Securities40

Available-for-Sale Securities - Bank's Securities' Gross Unrealized Losses and Fair Values, Aggregated by Length of Time Individual Securities Have Been in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Securities With Gross Unrealized Losses Less Than 12 Months, Fair Value	$ 25,352	$ 47,693
Securities With Gross Unrealized Losses Less Than 12 Months, Unrealized Loss	(266)	(384)
Securities With Gross Unrealized Losses 12 Months or More, Fair Value	1,980
Securities With Gross Unrealized Losses 12 Months or More, Unrealized Loss	(10)
Securities With Gross Unrealized Losses, Total Fair Value	27,332	47,693
Securities With Gross Unrealized Losses, Total Unrealized Loss	(276)	(384)
U.S. Government and Federal Agencies
Schedule Of Available For Sale Securities [Line Items]
Securities With Gross Unrealized Losses Less Than 12 Months, Fair Value	22,678	41,559
Securities With Gross Unrealized Losses Less Than 12 Months, Unrealized Loss	(241)	(347)
Securities With Gross Unrealized Losses 12 Months or More, Fair Value	1,980
Securities With Gross Unrealized Losses 12 Months or More, Unrealized Loss	(10)
Securities With Gross Unrealized Losses, Total Fair Value	24,658	41,559
Securities With Gross Unrealized Losses, Total Unrealized Loss	(251)	(347)
FNMA Certificates
Schedule Of Available For Sale Securities [Line Items]
Securities With Gross Unrealized Losses Less Than 12 Months, Fair Value	1,285	3,489
Securities With Gross Unrealized Losses Less Than 12 Months, Unrealized Loss	(2)	(5)
Securities With Gross Unrealized Losses, Total Fair Value	1,285	3,489
Securities With Gross Unrealized Losses, Total Unrealized Loss	(2)	(5)
GNMA Certificates
Schedule Of Available For Sale Securities [Line Items]
Securities With Gross Unrealized Losses Less Than 12 Months, Fair Value	1,389	2,645
Securities With Gross Unrealized Losses Less Than 12 Months, Unrealized Loss	(23)	(32)
Securities With Gross Unrealized Losses, Total Fair Value	1,389	2,645
Securities With Gross Unrealized Losses, Total Unrealized Loss	$ (23)	$ (32)

Available-for-Sale Securities41

Available-for-Sale Securities - Summary of Maturities of Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Available-for-Sale Securities, Amortized Cost	$ 29,896	$ 52,942
Available-for-Sale Securities, Fair Value	29,668	52,690
U.S. Government and Federal Agencies
Schedule Of Available For Sale Securities [Line Items]
Available-for-Sale Securities After three months through one year, Amortized Cost		2,000
Available-for-Sale Securities After one year through five years, Amortized Cost	24,909	39,906
Available-for-Sale Securities, Amortized Cost	24,909	41,906
Available-for-Sale Securities After three months through one year, Fair Value		1,998
Available-for-Sale Securities After one year through five years, Fair Value	24,658	39,561
Available-for-Sale Securities, Fair Value	24,658	41,559
Certificates of Deposit
Schedule Of Available For Sale Securities [Line Items]
Available-for-Sale Securities After three months through one year, Amortized Cost		500
Available-for-Sale Securities After three months through one year, Fair Value		500
Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Available-for-Sale Securities, Amortized Cost	4,987	10,536
Available-for-Sale Securities, Fair Value	$ 5,010	$ 10,631

Summary of Loans (Details)

Summary of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	$ 742,347	$ 651,642
Net deferred loan origination costs	828	711
Allowance for losses on loans	(10,655)	(10,205)
Loans, net	732,520	642,148
Commercial Portfolio Segment
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	14,654	15,719
Consumer Loans
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	850	843
Construction and Land
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	42,116	30,340
1-4 Family Residences Investor Owned
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	256,989	227,409
Multifamily Residences
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	172,167	158,200
1-4 Family Residences Owner-Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	99,901	97,631
Nonresidential Properties
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	$ 155,670	$ 121,500

Loans Receivable and Allowanc43

Loans Receivable and Allowance for Loan Losses - Additional Information (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2017USD ($)TDR	Dec. 31, 2016USD ($)TDR	Jun. 30, 2016USD ($)
Accounts Notes And Loans Receivable [Line Items]
Restructured loans	$ 0	$ 0
Outstanding TDR loans that had a payment default within 12 months following its modification	$ 0	$ 0
Number of troubled debt restructured loans, included in impaired loans | TDR	53,000	58,000
Ending balance: individually evaluated for impairment	$ 24,779,000		$ 26,863,000
Ending balance: individually evaluated for impairment	1,183,000	$ 1,373,000	$ 1,422,000
Troubled Debt Restructured Loans
Accounts Notes And Loans Receivable [Line Items]
Ending balance: individually evaluated for impairment	19,857,000	21,021,000
Ending balance: individually evaluated for impairment	$ 1,183,000	$ 1,373,000
Maximum
Accounts Notes And Loans Receivable [Line Items]
Creditworthiness of each customer to the market value of the collateral at the date of the credit extension percentage	75.00%
Minimum
Accounts Notes And Loans Receivable [Line Items]
Strong Pass Loans to new or existing borrowers collateralized percentage	90.00%

Credit Risk Ratings by Loan Seg

Credit Risk Ratings by Loan Segment (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	$ 742,347	$ 651,642
1-4 Family
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	356,890	325,040
Multifamily
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	172,167	158,200
Nonresidential
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	155,670	121,500
Construction and Land
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	42,116	30,340
Business
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	14,654	15,719
Consumer
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	850	843
Pass
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	719,019	629,868
Pass | 1-4 Family
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	343,566	313,345
Pass | Multifamily
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	171,629	158,200
Pass | Nonresidential
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	152,616	117,467
Pass | Construction and Land
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	35,716	24,316
Pass | Business
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	14,642	15,697
Pass | Consumer
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	850	843
Special Mention
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	3,756	2,549
Special Mention | 1-4 Family
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	3,009	2,549
Special Mention | Multifamily
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	538
Special Mention | Nonresidential
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	209
Substandard
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	19,572	19,225
Substandard | 1-4 Family
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	10,315	9,146
Substandard | Nonresidential
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	2,845	4,033
Substandard | Construction and Land
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	6,400	6,024
Substandard | Business
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	$ 12	$ 22

Aging Analysis of Loans (Detail

Aging Analysis of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment Past Due [Line Items]
Current	$ 738,119	$ 640,847
Total past due	742,347	651,642
Nonaccrual loans	7,706	7,722
Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	66	6,163
Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	386	557
Financing Receivables, Over 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	3,776	4,075
1-4 Family Investor Owned
Financing Receivable Recorded Investment Past Due [Line Items]
Current	256,524	224,368
Total past due	256,989	227,409
Nonaccrual loans	1,761	2,048
1-4 Family Investor Owned | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due		2,716
1-4 Family Investor Owned | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	140
1-4 Family Investor Owned | Financing Receivables, Over 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	325	325
Multifamily
Financing Receivable Recorded Investment Past Due [Line Items]
Current	172,167	157,381
Total past due	172,167	158,200
Multifamily | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due		819
1-4 Family Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Current	97,357	92,778
Total past due	99,901	97,631
Nonaccrual loans	3,273	2,110
1-4 Family Owner Occupied | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due		2,562
1-4 Family Owner Occupied | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	246	557
1-4 Family Owner Occupied | Financing Receivables, Over 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	2,298	1,734
Nonresidential Properties
Financing Receivable Recorded Investment Past Due [Line Items]
Current	154,529	119,465
Total past due	155,670	121,500
Nonaccrual loans	1,652	2,397
Nonresidential Properties | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due		41
Nonresidential Properties | Financing Receivables, Over 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	1,141	1,994
Construction and Land
Financing Receivable Recorded Investment Past Due [Line Items]
Current	42,116	30,340
Total past due	42,116	30,340
Nonaccrual loans	1,008	1,145
Business
Financing Receivable Recorded Investment Past Due [Line Items]
Current	14,576	15,672
Total past due	14,654	15,719
Nonaccrual loans	12	22
Business | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	66	25
Business | Financing Receivables, Over 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	12	22
Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Current	850	843
Total past due	$ 850	$ 843

Composition of Allowance for Lo

Composition of Allowance for Loan Losses and Related Recorded Investment in Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	$ 10,370	$ 9,462	$ 10,205	$ 9,484	$ 9,484
Provision for (recovery from) loan losses	207	235	259	(312)	(57)
Losses charged-off	(24)	(20)	(34)	(104)	(139)
Recoveries	102	80	225	689	917
Balance, end of period	10,655	9,757	10,655	9,757	10,205
Ending balance: individually evaluated for impairment	1,183	1,422	1,183	1,422	1,373
Ending balance: collectively evaluated for impairment	9,472	8,335	9,472	8,335	8,832
Ending balance: individually evaluated for impairment	24,779	26,863	24,779	26,863
Ending balance: collectively evaluated for impairment	717,568	576,059	717,568	576,059
Total	742,347	602,922	742,347	602,922
1-4 Family Investor Owned
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	3,181	3,069	3,147	2,842	2,842
Provision for (recovery from) loan losses	350	17	379	241	183
Losses charged-off		(16)		(16)	(38)
Recoveries	5	5	10	8	160
Balance, end of period	3,536	3,075	3,536	3,075	3,147
Ending balance: individually evaluated for impairment	524	385	524	385	383
Ending balance: collectively evaluated for impairment	3,012	2,690	3,012	2,690	2,764
Ending balance: individually evaluated for impairment	8,869	8,903	8,869	8,903
Ending balance: collectively evaluated for impairment	248,120	204,069	248,120	204,069
Total	256,989	212,972	256,989	212,972
1-4 Family Owner Occupied
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	1,729	2,095	1,804	2,127	2,127
Provision for (recovery from) loan losses	(246)	(82)	(321)	(248)	(323)
Recoveries		2		136
Balance, end of period	1,483	2,015	1,483	2,015	1,804
Ending balance: individually evaluated for impairment	401	764	401	764	719
Ending balance: collectively evaluated for impairment	1,082	1,251	1,082	1,251	1,085
Ending balance: individually evaluated for impairment	8,712	9,887	8,712	9,887
Ending balance: collectively evaluated for impairment	91,189	92,685	91,189	92,685
Total	99,901	102,572	99,901	102,572
Multifamily
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	2,800	2,285	2,705	1,994	1,994
Provision for (recovery from) loan losses	188	86	282	377	713
Losses charged-off		(3)		(3)	(3)
Recoveries			1		1
Balance, end of period	2,988	2,368	2,988	2,368	2,705
Ending balance: collectively evaluated for impairment	2,988	2,368	2,988	2,368	2,705
Ending balance: collectively evaluated for impairment	172,167	140,043	172,167	140,043
Total	172,167	140,043	172,167	140,043
Nonresidential
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	1,568	1,182	1,320	1,298	1,298
Provision for (recovery from) loan losses	169	27	414	(93)	13
Losses charged-off		(1)
Recoveries	2	2	5	5	9
Balance, end of period	1,739	1,210	1,739	1,210	1,320
Ending balance: individually evaluated for impairment	258	273	258	273	261
Ending balance: collectively evaluated for impairment	1,481	937	1,481	937	1,059
Ending balance: individually evaluated for impairment	5,661	6,557	5,661	6,557
Ending balance: collectively evaluated for impairment	150,009	101,852	150,009	101,852
Total	155,670	108,409	155,670	108,409
Construction and Land
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	672	412	615	502	502
Provision for (recovery from) loan losses	81	69	138	64	193
Losses charged-off				(85)	(85)
Recoveries		5		5	5
Balance, end of period	753	486	753	486	615
Ending balance: collectively evaluated for impairment	753	486	753	486	615
Ending balance: individually evaluated for impairment	1,008	806	1,008	806
Ending balance: collectively evaluated for impairment	41,108	22,046	41,108	22,046
Total	42,116	22,852	42,116	22,852
Business
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	115	403	597	709	709
Provision for (recovery from) loan losses	(33)	121	(619)	(654)	(845)
Losses charged-off	(24)		(34)
Recoveries	90	61	204	530	733
Balance, end of period	148	585	148	585	597
Ending balance: individually evaluated for impairment					10
Ending balance: collectively evaluated for impairment	148	585	148	585	587
Ending balance: individually evaluated for impairment	529	710	529	710
Ending balance: collectively evaluated for impairment	14,125	14,450	14,125	14,450
Total	14,654	15,160	14,654	15,160
Consumer
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	9	16	17	12	12
Provision for (recovery from) loan losses	(6)	(3)	(14)	1	9
Losses charged-off					(13)
Recoveries	5	5	5	5	9
Balance, end of period	8	18	8	18	17
Ending balance: collectively evaluated for impairment	8	18	8	18	$ 17
Ending balance: collectively evaluated for impairment	850	914	850	914
Total	850	$ 914	$ 850	$ 914
Unallocated
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	296
Provision for (recovery from) loan losses	$ (296)

Information Relates to Impaired

Information Relates to Impaired Loans (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	$ 26,953	$ 28,376
Recorded Investment With No Allowance	13,017	13,154
Recorded Investment With Allowance	11,762	12,921
Total Recorded Investment	24,779	26,075
Related Allowance	1,183	1,373
Average Recorded Investment	26,160	28,641
Interest Income Recognized on Cash Basis	571	981
1-4 Family
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	18,941	19,367
Recorded Investment With No Allowance	8,346	7,507
Recorded Investment With Allowance	9,235	10,349
Total Recorded Investment	17,581	17,856
Related Allowance	925	1,102
Average Recorded Investment	18,201	20,131
Interest Income Recognized on Cash Basis	422	722
Multifamily
Financing Receivable Impaired [Line Items]
Average Recorded Investment		309
Nonresidential Properties
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	6,317	7,096
Recorded Investment With No Allowance	3,134	3,897
Recorded Investment With Allowance	2,527	2,562
Total Recorded Investment	5,661	6,459
Related Allowance	258	261
Average Recorded Investment	6,319	6,541
Interest Income Recognized on Cash Basis	141	235
Construction and Land
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	1,124	1,241
Recorded Investment With No Allowance	1,008	1,145
Total Recorded Investment	1,008	1,145
Average Recorded Investment	1,028	912
Business
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	571	672
Recorded Investment With No Allowance	529	605
Recorded Investment With Allowance		10
Total Recorded Investment	529	615
Related Allowance		10
Average Recorded Investment	612	748
Interest Income Recognized on Cash Basis	$ 8	$ 24

Summary of Premises and Equipme

Summary of Premises and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 43,404	$ 43,030
Less accumulated depreciation and amortization	(17,805)	(17,002)
Property, plant and equipment, net	25,599	26,028
Land
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	3,979	3,979
Building Improvements
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	15,972	15,972
Leasehold Improvements
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	19,499	19,280
Furniture, Fixtures and Equipment
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 3,954	$ 3,799

Bank Premises and Equipment - A

Bank Premises and Equipment - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Property Plant And Equipment [Abstract]
Depreciation and amortization	$ 399	$ 418	$ 803	$ 841

Deposits - Summarized Deposits

Deposits - Summarized Deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Banking And Thrift [Abstract]
Demand	$ 91,060	$ 78,792
NOW/IOLA accounts	26,247	25,692
Money market accounts	49,065	42,788
Savings accounts	130,504	127,085
Total savings, NOW and money market	205,816	195,565
Certificates of deposit of $250K or more	123,861	90,267
All other certificates of deposit	281,669	278,454
Total certificates of deposit	405,530	368,721
Total interest-bearing deposits	611,346	564,286
Total deposits	$ 702,406	$ 643,078

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities of Certificates of Deposit (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Banking And Thrift [Abstract]
2,018	$ 156,495	$ 168,940
2,019	87,386	69,973
2,020	43,494	40,690
2,021	67,672	35,327
2,022	50,483	53,791
Total certificates of deposit	$ 405,530	$ 368,721

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Banking And Thrift [Abstract]
Overdrawn deposit reclassified to loans amounted	$ 185	$ 149

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Debt Disclosure [Abstract]
Advance from the Federal Home Loan Bank	$ 8,000		$ 8,000		$ 3,000
Guarantee from the FHLB through a standby letter of credit	$ 6,792		$ 6,792		$ 2,487
Floating interest rate on the overnight advances from the FHLB	1.28%		1.28%		0.78%
Interest expense on FHLB advances	$ 32	$ 0	$ 61	$ 6
Collateral mortgage loans available to secure advances from the FHLB	174,480		174,480		$ 164,843
Bank's ability to borrow under repurchase agreements	25,000		25,000		25,000
Securities sold under repurchase agreements	0		0		$ 0
Interest expense on securities sold under repurchase agreements	$ 0	$ 0	$ 0	$ 0

Income Taxes - Components of In

Income Taxes - Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Federal:
Current	$ 624	$ (66)	$ 881	$ (482)
Deferred	23	99	132	1,197
Federal income tax provision (benefit)	647	33	1,013	715
State and local:
Current	56	60	102	(261)
Deferred	(181)	80	(380)	(294)
State and local income tax provision (benefit)	(125)	140	(278)	(555)
Changes in valuation allowance	119	(56)	251	447
Provision for income taxes	$ 641	$ 117	$ 986	$ 607

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Federal income tax rate	34.00%	34.00%	34.00%	34.00%
Unrecognized tax benefits	$ 0		$ 0		$ 0

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Differences Between Federal Income Tax Rate and Total Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Tax Expense Benefit Continuing Operations Income Tax Reconciliation [Abstract]
Income tax, at federal rate	$ 600	$ 72	$ 909	$ 514
State and local tax, net of federal taxes	(91)	(20)	(174)	(354)
Valuation allowance, net of the federal benefit	132	65	251	447
Provision for income taxes	$ 641	$ 117	$ 986	$ 607

Income Taxes - Significant Defe

Income Taxes - Significant Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Deferred tax assets:
Allowance for losses on loans	$ 4,544	$ 4,352
Accrued expenses
Interest on nonaccrual loans	352	525
Unrealized loss on available-for-sale securities	78	86
Amortization of intangible assets	207	219
Deferred rent payable	228	212
Net operating losses	1,591	1,340
Other	11	20
Total gross deferred tax assets	7,011	6,754
Deferred tax liabilities:
Cumulative contribution in excess of net periodic benefit costs, net	1,164	1,179
Depreciation and amortization of premises and equipment	398	426
Deferred loan fees	353	303
Other	17	17
Total gross deferred tax liabilities	1,932	1,925
Valuation allowance	1,701	1,450
Net deferred tax assets	$ 3,378	$ 3,379

Pension Plans - Summary Of Pens

Pension Plans - Summary Of Pension Plan Funded Status and Amounts Recognized in Financial Condition Statements (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Defined Benefit Pension Plans And Defined Benefit Postretirement Plans Disclosure [Abstract]
Projected benefit obligation	$ (14,108)	$ (14,142)
Fair value of plan assets	14,963	15,038
Funded status	855	896
Accumulated benefit obligation	$ (14,108)	$ (14,142)

Pension Plans - Benefit Costs R

Pension Plans - Benefit Costs Recognized in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Defined Benefit Plan Accumulated Other Comprehensive Income Loss After Tax [Abstract]
Net loss	$ (9,249)	$ (9,217)

Pension Plans - Net Periodic Be

Pension Plans - Net Periodic Benefit Cost and Amounts Recognized in Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Amount Recognized In Net Periodic Benefit Cost And Other Comprehensive Income Loss Before Tax [Abstract]
Net periodic benefit	$ 10	$ 79
Net actuarial gain (loss)	31	(456)
Total recognized in net periodic benefit cost and other comprehensive loss	$ 41	$ (377)

Pension Plans - Weighted Averag

Pension Plans - Weighted Average Assumptions Used to Determine Net Benefit Obligations (Detail)	Jun. 30, 2017	Dec. 31, 2016
Defined Benefit Plan Weighted Average Assumptions Used In Calculating Benefit Obligation [Abstract]
Discount rate	4.25%	4.25%
Rate of compensation increase	0.00%	0.00%

Pension Plans - Weighted Aver62

Pension Plans - Weighted Average Assumptions Used to Determine Net Benefit Cost (Detail)	3 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Defined Benefit Plan Weighted Average Assumptions Used In Calculating Net Periodic Benefit Cost [Abstract]
Discount rate	4.25%	4.25%
Rate of compensation increase	0.00%	0.00%
Expected long-term rate of return on assets	6.00%	6.00%

Pension Plans - Additional Info

Pension Plans - Additional Information (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Compensation And Retirement Disclosure [Abstract]
Fair value of pension plan assets	$ 14,963,000	$ 15,038,000
Employer contributions to 401(k) plan	$ 0	$ 339,000
Maximum employer matching contribution percentage	4.00%

Pension Plans - Employer Contri

Pension Plans - Employer Contributions and Benefit Payments (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Defined Benefit Pension Plans And Defined Benefit Postretirement Plans Disclosure [Abstract]
Employer contribution		$ 870
Benefits paid	$ 184	$ 853

Pension Plans - Expected Employ

Pension Plans - Expected Employee Benefit Payments (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Defined Benefit Plan Estimated Future Benefit Payments [Abstract]
2,017	$ 670	$ 854
2,018	841	841
2,019	840	840
2,020	818	818
2,021	798	798
Thereafter	3,841	3,841
Total expected employee benefit payments	$ 7,808	$ 7,992

Commitments, Contingencies an66

Commitments, Contingencies and Credit Risk - Financial Instruments Whose Contractual Amounts Represent Credit Risk (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Fair Value Concentration Of Risk Financial Statement Captions [Line Items]
Contractual amounts represent credit risk	$ 95,192	$ 63,704
Commitments to Grant Mortgage Loans
Fair Value Concentration Of Risk Financial Statement Captions [Line Items]
Contractual amounts represent credit risk	51,720	33,813
Unfunded Commitments Under Lines of Credit
Fair Value Concentration Of Risk Financial Statement Captions [Line Items]
Contractual amounts represent credit risk	36,680	27,404
Standby Letters of Credit
Fair Value Concentration Of Risk Financial Statement Captions [Line Items]
Contractual amounts represent credit risk	$ 6,792	$ 2,487

Commitments, Contingencies an67

Commitments, Contingencies and Credit Risk - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Commitments And Contingencies Disclosure [Abstract]
Lease expiration year			2,031
Net rental expenses under operating leases	$ 354	$ 337	$ 708	$ 670

Commitments, Contingencies an68

Commitments, Contingencies and Credit Risk - Projected Minimum Rental Payments under Terms of Leases (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Operating Leases Future Minimum Payments Due [Abstract]
2,017	$ 673	$ 1,062
2,018	1,365	990
2,019	1,221	1,011
2,020	1,199	1,041
2,021	1,235	1,072
Thereafter	9,099	6,654
Projected minimum rental payments	$ 14,792	$ 11,830

Fair Value - Assets Measured at

Fair Value - Assets Measured at Fair Value on Recurring Basis (Detail) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis	$ 29,668	$ 52,690
Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis	29,668	52,690
U.S. Government and Federal Agencies
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis	24,658	41,559
U.S. Government and Federal Agencies | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis	24,658	41,559
Certificates of Deposit
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis		500
Certificates of Deposit | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis		500
FHLMC Certificates
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis		216
FHLMC Certificates | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis		216
FNMA Certificates
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis	1,301	3,606
FNMA Certificates | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis	1,301	3,606
GNMA Certificates
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis	3,709	6,809
GNMA Certificates | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis	$ 3,709	$ 6,809

Fair Value - Assets Measured 70

Fair Value - Assets Measured at Fair Value on Nonrecurring Basis (Detail) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Impaired Loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on nonrecurring basis	$ 24,779	$ 26,075
Impaired Loans | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on nonrecurring basis	24,779	26,075
Loans Held For Sale
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on nonrecurring basis	2,143	2,143
Loans Held For Sale | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on nonrecurring basis	$ 2,143	$ 2,143

Fair Value - Estimated Fair Val

Fair Value - Estimated Fair Values of Financial Instruments (Detail) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Loans held for sale	$ 2,143,000	$ 2,143,000
Pension plan asset	14,963,000	15,038,000
Carrying Amount
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	9,496	11,716
Investment securities	29,668	52,690
Loans held for sale	2,143	2,143
Loans receivable, net	732,520	642,148
Accrued interest receivable	2,917	2,707
FHLB stock	1,288	964
Demand deposits	91,060	78,792
Interest-bearing deposits	205,816	195,565
Certificates of deposit	405,530	368,721
Advance payments by borrowers for taxes and insurance	4,661	3,882
Advances from FHLB	8,000	3,000
Accrued interest payable	31	28
Fair Value Measurements
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	9,496	11,716
Investment securities	29,668	52,690
Loans held for sale	2,143	2,143
Loans receivable, net	748,928	660,706
Accrued interest receivable	2,917	2,707
FHLB stock	1,288	964
Pension plan asset	14,963	15,038
Demand deposits	91,060	78,792
Interest-bearing deposits	205,816	195,565
Certificates of deposit	411,406	368,721
Advance payments by borrowers for taxes and insurance	4,661	3,882
Advances from FHLB	8,000	3,000
Accrued interest payable	31	28
Fair Value Measurements | Level 1
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	9,496	11,716
FHLB stock	1,288	964
Demand deposits	91,060	78,792
Interest-bearing deposits	205,816	195,565
Advances from FHLB	8,000	3,000
Fair Value Measurements | Level 2
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investment securities	29,668	52,690
Loans held for sale	2,143	2,143
Accrued interest receivable	2,917	2,707
Pension plan asset	14,963	15,038
Certificates of deposit	411,406	368,721
Advance payments by borrowers for taxes and insurance	4,661	3,882
Accrued interest payable	31	28
Fair Value Measurements | Level 3
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Loans receivable, net	$ 748,928	$ 660,706

Regulatory Capital Requiremen72

Regulatory Capital Requirements - Additional Information (Details)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2015	Jun. 30, 2017	Dec. 31, 2016
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Percentage of capital buffer			9.30%	11.20%
Minimum
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Percentage of capital conservation buffer		0.00%
Maximum | Scenario Forecast
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Percentage of capital conservation buffer	2.50%

Regulatory Capital Requiremen73

Regulatory Capital Requirements - Bank's Actual Capital Amounts and Ratios As Compared to Regulatory Requirements (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Banking And Thrift [Abstract]
Total Capital to Risk-Weighted Assets, Actual Amount	$ 108,803	$ 106,190
Tier 1 Capital to Risk-Weighted Assets, Actual Amount	100,926	99,240
Common Equity Tier 1 Capital Ratio, Actual Amount	100,926	99,240
Tier 1 Capital to Total Assets, Actual Amount	$ 100,926	$ 99,240
Total Capital to Risk-Weighted Assets, Actual Ratio	17.34%	19.21%
Tier 1 Capital to Risk-Weighted Assets, Actual Ratio	16.09%	17.96%
Common Equity Tier 1 Capital Ratio, Actual Ratio	16.09%	17.96%
Tier 1 Capital to Total Assets, Actual Ratio	12.70%	13.32%
Total Capital to Risk-Weighted Assets, For Capital Adequacy Amount	$ 50,189	$ 44,217
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Amount	37,642	33,163
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Amount	28,232	24,872
Tier 1 Capital to Total Assets, For Capital Adequacy Amount	$ 31,781	$ 29,805
Total Capital to Risk-Weighted Assets, For Capital Adequacy Ratio	8.00%	8.00%
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Ratio	6.00%	6.00%
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Ratio	4.50%	4.50%
Tier 1 Capital to Total Assets, For Capital Adequacy Ratio	4.00%	4.00%
Total Capital to Risk-Weighted Assets, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 62,737	$ 55,271
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	50,189	44,217
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	40,779	35,926
Tier 1 Capital to Total Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 39,727	$ 37,256
Total Capital to Risk-Weighted Assets, To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	10.00%	10.00%
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	8.00%	8.00%
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	6.50%	6.50%
Tier 1 Capital to Total Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	5.00%	5.00%

Components of Accumulated Other

Components of Accumulated Other Comprehensive Income (Losses) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive income (losses), net of tax	$ (5)	$ 505
Unrealized gains (losses) on securities available for sale
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (losses) beginning balance	(166)	(370)
Other comprehensive income (losses), net of tax	15	204
Accumulated other comprehensive income (losses) ending balance	(151)	(166)
Unrealized gains (losses) on pension benefits
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (losses) beginning balance	(6,084)	(6,385)
Other comprehensive income (losses), net of tax	(20)	301
Accumulated other comprehensive income (losses) ending balance	(6,104)	(6,084)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (losses) beginning balance	(6,250)	(6,755)
Accumulated other comprehensive income (losses) ending balance	$ (6,255)	$ (6,250)

Aggregate Loan Transactions wit

Aggregate Loan Transactions with Related Parties (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Receivables [Abstract]
Beginning balance	$ 1,540	$ 1,702	$ 1,573	$ 1,728
Payments	(31)	(25)	(64)	(51)
Ending balance	$ 1,509	$ 1,677	$ 1,509	$ 1,677

Transactions With Related Par76

Transactions With Related Parties - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Related Party Transactions [Abstract]
Deposits from officers and directors	$ 6,138	$ 6,856