PDL Community Bancorp 10-K 2 Apr 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Mar. 29, 2018
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Trading Symbol	PDLB
Entity Registrant Name	PDL Community Bancorp
Entity Central Index Key	1,703,489
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Public Float		$ 108,033,099
Entity Common Stock, Shares Outstanding		18,463,028

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Cash and due from banks (Note 2):
Cash	$ 24,746	$ 4,796
Interest-bearing deposits in banks	34,978	6,920
Total cash and cash equivalents	59,724	11,716
Available-for-sale securities, at fair value (Note 3)	28,897	52,690
Loans held for sale		2,143
Loans receivable, net of allowance for loan losses - 2017 $11,071; 2016 $10,205 (Note 4)	798,703	642,148
Accrued interest receivable	3,335	2,707
Premises and equipment, net (Note 5)	27,172	26,028
Federal Home Loan Bank Stock (FHLB), at cost	1,511	964
Deferred tax assets (Note 8)	3,909	3,379
Other assets	2,271	3,208
Total assets	925,522	744,983
Liabilities:
Deposits (Note 6)	713,985	643,078
Accrued interest payable	42	28
Advance payments by borrowers for taxes and insurance	5,025	3,882
Advances from the Federal Home Loan Bank and others (Note 7)	36,400	3,000
Other liabilities	5,285	2,003
Total liabilities	760,737	651,991
Commitments and contingencies (Note 11)
Stockholders' Equity:
Preferred stock, $0.01 par value; 10,000,000 shares authorized, none issued
Common stock, $0.01 par value; 50,000,000 shares authorized; 18,463,028 shares issued and outstanding at December 31, 2017	185
Additional paid-in-capital	84,351
Retained earnings	94,855	99,242
Accumulated other comprehensive loss (Note 14)	(7,851)	(6,250)
Unearned Employee Stock Ownership Plan (ESOP) shares; 675,501 shares (Note 9)	(6,755)
Total stockholders' equity	164,785	92,992
Total liabilities and stockholders' equity	$ 925,522	$ 744,983

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Loans receivable, allowance for loan losses	$ 11,071	$ 10,205
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares authorized	50,000,000
Common stock, shares, issued	18,463,028
Common stock, shares, outstanding	18,463,028
Unearned Employee Stock Ownership Plan (ESOP) shares	675,501

Consolidated Statements of Inco

Consolidated Statements of Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Interest and dividend income:
Interest on loans receivable	$ 38,172	$ 32,660	$ 32,100
Interest and dividends on investment securities and FHLB stock	817	1,081	1,490
Total interest and dividend income	38,989	33,741	33,590
Interest expense:
Interest on certificates of deposit	5,917	5,502	5,268
Interest on other deposits	656	427	321
Interest on borrowings	210	7	61
Total interest expense	6,783	5,936	5,650
Net interest income	32,206	27,805	27,940
Provision for loan losses (recovery) (Note 4)	1,716	(57)	353
Net interest income after provision for loan losses (recovery)	30,490	27,862	27,587
Noninterest income:
Service charges and fees	909	938	1,073
Brokerage commissions	547	515	421
Late and prepayment charges	810	302	548
Other	838	676	420
Total noninterest income	3,104	2,431	2,462
Noninterest expense:
Compensation and benefits	17,109	14,979	13,463
Occupancy expense	5,825	5,651	5,754
Data processing expenses	1,470	1,617	1,299
Direct loan expenses	739	860	725
Insurance and surety bond premiums	269	464	699
Office supplies, telephone and postage	1,103	1,071	997
FDIC deposit insurance assessment	250	538	899
Charitable foundation contributions	6,293
Other operating expenses	3,499	2,683	2,380
Total noninterest expense	36,557	27,863	26,216
Income (loss) before income taxes	(2,963)	2,430	3,833
Provision for income taxes (Note 8)	1,424	1,005	1,315
Net income (loss)	$ (4,387)	$ 1,425	$ 2,518
Earnings per share for the period September 29, 2017 to December 31, 2017: (Note 10)
Basic	$ (0.16)
Diluted	$ (0.16)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ (4,387)	$ 1,425	$ 2,518
Net change in unrealized gains (losses) on securities available-for-sale:
Unrealized gain (losses)	(85)	309	847
Expense (benefit) due to enactment of federal tax reform	44
Income tax effect	(14)	(105)	(372)
Unrealized gains on securities, net	(55)	204	475
Pension benefit liability adjustment:
Net gain (loss) during the period	(2,006)	456	(1,829)
Reclassification adjustments for amortization of prior service cost and net gain included in net periodic pension cost			245
Expense (benefit) due to enactment of federal tax reform	1,192
Income tax effect	(732)	(155)	53
Pension liability adjustment, net of tax	(1,546)	301	(1,531)
Total other comprehensive income (loss), net of tax	(1,601)	505	(1,056)
Total comprehensive income (loss)	$ (5,988)	$ 1,930	$ 1,462

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Ponce De Leon Foundation	Initial Public Offering	Mutual Holding Company	Common Stock	Common StockPonce De Leon Foundation	Common StockInitial Public Offering	Common StockMutual Holding Company	Additional Paid-in Capital	Additional Paid-in CapitalPonce De Leon Foundation	Additional Paid-in CapitalInitial Public Offering	Retained Earnings	Accumulated Other Comprehensive Loss	Unallocated Common Stock of ESOP
Balance at Dec. 31, 2014	$ 89,600											$ 95,299	$ (5,699)
Net income (loss)	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 (loss)	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 (loss)	(4,387)			$ (3,430)								(4,387)
Other comprehensive income (loss), net of tax	(1,601)												(1,601)
Issuance of common stock		$ 6,093	$ 78,095	96		$ 6	$ 83	$ 96		$ 6,087	$ 78,012
Issuance of common stock, Shares						609,279	8,308,362	9,545,387
Unallocated ESOP- 723,751 shares , $0.01 par value	(7,238)													$ (7,238)
ESOP shares committed to be released (48,250)	735								$ 252					483
Balance at Dec. 31, 2017	$ 164,785			$ 79,331	$ 185				$ 84,351			$ 94,855	$ (7,851)	$ (6,755)
Balance, Shares at Dec. 31, 2017					18,463,028

Consolidated Statements of Sto7

Consolidated Statements of Stockholders' Equity (Parenthetical) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)$ / sharesshares
Common stock, par value (in dollars per share)	$ 0.01
Number of ESOP shares purchased | shares	723,751
Common stock, par value (in dollars per share)	$ 0.01
Number of ESOP shares committed to be released | shares	48,250
Ponce De Leon Foundation
Common stock, par value (in dollars per share)	$ 0.01
Initial Public Offering
Common stock, par value (in dollars per share)	$ 0.01
Issuance of common stock, net of costs | $	$ 4,988
Mutual Holding Company
Common stock, par value (in dollars per share)	$ 0.01

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash Flows From Operating Activities:
Net income (loss)	$ (4,387)	$ 1,425	$ 2,518
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Amortization of premiums on securities, net	52	11	6
Loss on sale of loans	106	13	73
Loss on sale of available-for-sale securities	6
Write-down of loans held for sale			9
Write-down on other real estate owned			86
Gain on sale of other real estate owned		(4)
Provision for loan losses (recovery) (Note 4)	1,716	(57)	353
Depreciation and amortization	1,625	1,679	1,817
Amortization of core deposit intangible assets	3	129	144
ESOP compensation expense	735
Charitable foundation contribution expense	6,093
Deferred income taxes	(40)	126	1,086
Changes in assets and liabilities:
(Increase) decrease in accrued interest receivable	(628)	(39)	81
Decrease in other assets	38	175	3,168
Increase (decrease) in accrued interest payable	14	(8)	(10)
Net increase (decrease) in other liabilities	3,313	893	(4,101)
Net cash provided by operating activities	8,646	4,343	5,230
Cash Flows From Investing Activities:
Proceeds from redemption of FHLB Stock	9,364	1,890	10,199
Purchases of FHLB Stock	(9,909)	(1,692)	(10,094)
Purchases of available-for-sale securities		(25,914)
Proceeds from sale of available-for-sale securities	20,374
Proceeds from maturities, calls and principal repayments on available-for-sale securities	3,276	55,556	19,381
Proceeds from sales of loans	2,967	4,386	3,981
Net increase in loans	(159,201)	(77,669)	(29,385)
Proceeds from sale of other real estate owned		80
Purchases of premises and equipment	(2,769)	(530)	(276)
Net cash used in investing activities	(135,898)	(43,893)	(6,194)
Cash Flows From Financing Activities:
Net increase in deposits	70,907	43,572	(191)
Proceeds from issuance of common stock	78,191
Funds loaned to the ESOP	(7,238)
Proceeds from advances	646,400	280,000	1,989,305
Repayments of advances	(613,000)	(285,000)	(1,991,305)
Net cash provided by (used in) financing activities	175,260	38,572	(2,191)
Net increase (decrease) in cash and cash equivalents	48,008	(978)	(3,155)
Cash and Cash Equivalents:
Beginning	11,716	12,694	15,849
Ending	59,724	11,716	12,694
Supplemental Disclosures:
Interest	6,821	5,944	5,660
Income taxes	1,474	1,280	1,598
Supplemental Disclosures of Noncash Investing Activities:
Transfer of loans to loans held for sale		$ 3,239	6,526
Transfer of loans held for sale to loans	2,143		$ 1,867
Supplemental Disclosure of Noncash Financing Activities:
Issuance of common stock to the Ponce De Leon Foundation	$ 6,093

Nature of Business and Summary

Nature of Business and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 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 Basis of Financial Statement Presentation The consolidated financial statements of PDL Community Bancorp (the “Company”) presented herein have been prepared in conformity with accounting principles generally accepted in the United States of America and include the accounts of the Company, its wholly owned subsidiary Ponce Bank (the “Bank”), and the Bank’s wholly-owned subsidiaries. The Bank’s subsidiaries consist of PFS Service Corp., which owns some of the Bank’s real property, and Ponce De Leon Mortgage Corp., which is a mortgage banking entity. All significant intercompany transactions and balances have been eliminated in consolidation . Reorganization and Stock Issuance: On September 29, 2017, Ponce De Leon Federal Bank reorganized into a two-tier mutual holding company structure with a mid-tier stock holding company. The Company sold 8,308,362 shares of common stock at $10.00 per share, including 723,751 shares purchased by the Company’s Employee Stock Ownership Plan (“ESOP”). In addition, the Company issued 9,545,387 shares to Ponce Bank Mutual Holding Company, the Company’s mutual holding company parent (the “MHC”) and 609,279 shares to The Ponce De Leon Foundation (“Foundation”), a charitable foundation that was formed in connection with the stock offering and is dedicated to supporting charitable organizations operating in the Bank’s local community. A total of 18,463,028 shares of common stock were outstanding following the completion of the stock offering. As a result of the reorganization, the reporting entity changed from Ponce De Leon Federal Bank to PDL Community Bancorp. The direct costs of the Company’s stock offering of $4,988 were deferred and deducted from the proceeds of the offering. Nature of Operations: 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, it changed its name to “Ponce De Leon Federal Savings Bank.” In 1997, it changed its name again to “Ponce De Leon Federal Bank.” Upon the completion of its reorganization into the MHC, the assets and liabilities of Ponce De Leon Federal Bank were transferred to and assumed by the Bank, a federally chartered stock savings association, owned 100% by PDL Community Bancorp and known as and conducting business under the name “Ponce Bank.” The Bank will continue to be subject to comprehensive regulation and examination by the Office of Comptroller of the Currency (the “OCC”). 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 and borrowings, in mortgage loans, consisting of one-to-four family residential (both investor-owned and owner-occupied), multifamily residential, 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, savings, money markets and certificates of deposit accounts. The following is a summary of the Bank's significant accounting policies: Use of Estimates: Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, the valuation of loans held for sale, the valuation of deferred tax assets and investment securities, and the determination of pension benefit obligations. 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 tax. 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 (loss) and 2) OTTI related to other factors, which is recognized in other comprehensive income (loss). 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 Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) 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. Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) The general component covers non‑impaired loans and is based on historical loss experience adjusted for current factors. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced over a rolling 12 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 . Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Transfers of Financial Assets 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 Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) 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 At December 31, 2017 and 2016, there are no liabilities recorded related to uncertain tax positions. Income tax returns filed for years before 2014 are no longer subject to income tax examinations by U.S. federal, state or local tax authorities. 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 (loss). Related Party Transactions Defined Benefit Plan: Employee Stock Ownership Plan: Comprehensive Income (Loss) Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Loss Contingencies Fair Value of Financial Instruments Segment Reporting Loan Commitments and Related Financial Instruments Earnings per Share (EPS) Recent Accounting Pronouncements: As an emerging growth company (“EGC”) as defined in Rule 12b-2 of the Exchange Act, the Company has elected to use the extended transition period to delay the adoption of new or reissued accounting pronouncements applicable to public companies until such pronouncements are made applicable to nonpublic companies. As of December 31, 2017, there is no significant difference in the comparability of the consolidated financial statements as a result of this extended transition period. In May 2014, the FASB issued ASU 2014-09, “ Revenue from Contracts with Customers (Topic 606)” Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) 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. The Company expects to apply the amendments by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the year of adoption through retained earnings. The adoption of this update is not expected to have a material impact on the Company’s consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “ Leases (Topic 842) The Company has begun its evaluation of the amended guidance including the potential impact on its consolidated financial statements. To date, the Company has identified its leased office spaces as within the scope of the guidance. The Company 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 Company’s consolidated financial statements. Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) 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 origination. ASU No. 2016-13 is effective for annual reporting periods beginning after December 15, 2019, including interim periods within those fiscal years, for public business entities. As the Company is taking advantage of extended transition period for complying with new or revised accounting standards assuming it remains an EGC, we will adopt the amendments in this update beginning after December 15, 2020, including interim periods within those fiscal years. Entities have to apply the standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (i.e., modified retrospective approach). Although early adoption is permitted, the Company does not expect to elect that option. The Company 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 Company expects that the new guidance will result in an increase in the allowance for loan losses, particularly for longer duration loan portfolios. The Company 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. Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) In August 2016, the FASB issued ASU 2016-15, “ Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments In March 2017, the FASB issued ASU 2017-07 “Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.” The adoption of this update is not expected to have a material impact on the Company’s consolidated financial statements. In March 2017, the FASB issued ASU 2017-08 “Receivables – Non-Refundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities. In February 2018, the Financial Accounting Standards Board issued Accounting Standards Update 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

Restrictions on Cash and Due Fr

Restrictions on Cash and Due From Banks	12 Months Ended
	Dec. 31, 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 $24,334 and $4,516 in cash to cover its minimum reserve requirements of $23,870 and $2,349 at December 31, 2017 and 2016, respectively.

Available-for-Sale Securities

Available-for-Sale Securities	12 Months Ended
	Dec. 31, 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 December 31, 2017 and 2016 are summarized as follows: December 31, 2017 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value U.S. Government and Federal Agencies $ 24,911 $ — $ (359 ) $ 24,552 Mortgage-Backed Securities: FNMA Certificates 1,118 — (15 ) 1,103 GNMA Certificates 3,205 38 (1 ) 3,242 $ 29,234 $ 38 $ (375 ) $ 28,897 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 There were no investments that were classified as held to maturity as of December 31, 2017 and 2016. There were $20,411 in sales of investment securities during the year ended December 31, 2017 and no sales of investment securities in 2016. The following tables present the Company'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 December 31, 2017 and 2016: December 31, 2017 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 $ — $ — $ 24,552 $ (359 ) $ 24,552 $ (359 ) Mortgage-Backed FNMA Certificates 1,094 (15 ) — — 1,094 (15 ) GNMA Certificates 1,205 (1 ) — — 1,205 (1 ) $ 2,299 $ (16 ) $ 24,552 $ (359 ) $ 26,851 $ (375 ) 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 FNMA Certificates 3,489 (5 ) — — 3,489 (5 ) GNMA Certificates 2,645 (32 ) — — 2,645 (32 ) $ 47,693 $ (384 ) $ — $ — $ 47,693 $ (384 ) Note 3. The Company’s investment portfolio had 33 and 52 investment securities at December 31, 2017 and 2016, respectively. At December 31, 2017 and 2016, the Company had 14 and 25 securities, respectively, with a gross unrealized loss position. Management reviewed the financial condition of the entities underlying the securities at both December 31, 2017 and 2016 and determined that they are not other than temporary because the unrealized losses in those securities relate to market interest rate changes the Company 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 Company 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 Company will receive all contractual principal and interest related to these investments. The following is a summary of maturities of securities at December 31, 2017 and 2016. Amounts are shown by contractual maturity. Because borrowers of the underlying collateral for mortgage-backed securities have the right to prepay obligations with or without prepayment penalties, at any time, these securities are included as a total within the table. December 31, 2017 Available-for-Sale Amortized Fair Cost Value U.S. Government and Federal Agency Securities: Amounts maturing: Three months or less $ — $ — After three months through one year 1,990 1,977 After one year through five years 22,921 22,575 24,911 24,552 Mortgage-Backed Securities 4,323 4,345 Total $ 29,234 $ 28,897 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 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 December 31, 2017 and December 31, 2016 .

Loans Receivable and Allowance

Loans Receivable and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
Loans Receivable and Allowance for Loan Losses	Note 4. Loans Receivable and Allowance for Loan Losses Loans at December 31, 2017 and 2016 are summarized as follows: December 31, December 31, 2017 2016 Mortgage loans: 1-4 family residential Investor-Owned $ 287,158 $ 227,409 Owner-Occupied 100,854 97,631 Multifamily residential 188,550 158,200 Nonresidential properties 151,193 121,500 Construction and land 67,240 30,340 Nonmortgage loans: Business loans 12,873 15,719 Consumer loans 886 843 808,754 651,642 Net deferred loan origination costs 1,020 711 Allowance for losses on loans (11,071 ) (10,205 ) Loans, net $ 798,703 $ 642,148 The Company's lending activities are conducted principally in New York City. The Company primarily grants loans secured by real estate to individuals and businesses. 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.. The Company has established credit policies applicable to each type of lending activity in which it engages. The Company 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. For disclosures related to the allowance for loan losses and credit quality, the Company does not have any disaggregated classes of loans below the segment level. Credit-Quality Indicators The objectives of the Company’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, 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 Company'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 Company. Good Pass – A loan to a well-established, new or existing borrower in excellent financial condition with strong liquidity and a history of consistently high level of earnings, cash flow and debt service capacity. Note 4. Loans Receivable and Allowance for Loan Losses (Continued) 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 Company’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 Company 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. 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 December 31, 2017 and 2016: December 31, 2017 Mortgage Loans Nonmortgage Loans Construction Total 1-4 Family Multifamily Nonresidential and Land Business Consumer Loans Risk Rating: Pass $ 370,629 $ 188,030 $ 148,253 $ 59,914 $ 12,726 $ 886 $ 780,438 Special mention 4,667 — — 650 — — 5,317 Substandard 12,716 520 2,940 6,676 147 — 22,999 Doubtful — — — — — — — Total $ 388,012 $ 188,550 $ 151,193 $ 67,240 $ 12,873 $ 886 $ 808,754 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 Note 4. Loans Receivable and Allowance for Loan Losses (Continued) An aging analysis of loans, as of December 31, 2017 and 2016, is as follows: December 31, 2017 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 $ 285,485 $ 1,201 $ — $ 472 $ 287,158 $ 2,178 $ 7 Owner-Occupied 96,878 585 — 3,391 100,854 5,317 — Multifamily 188,504 46 — — 188,550 521 — Nonresidential properties 149,300 11 — 1,882 151,193 2,170 — Construction and land 67,240 — — — 67,240 1,075 — Nonmortgage Loans: Business 12,583 239 — 51 12,873 147 — Consumer 886 — — — 886 — — Total $ 800,876 $ 2,082 $ — $ 5,796 $ 808,754 $ 11,408 $ 7 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 $ 2,049 $ — Owner-Occupied 92,778 2,562 557 1,734 97,631 2,109 — 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 $ — Note 4. Loans Receivable and Allowance for Loan Losses (Continued) The following schedules detail the composition of the allowance for loan losses and the related investment in loans as of December 31, 2017 and 2016, respectively. For the Year Ended December 31, 2017 Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated For the Period 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 544 (578 ) 402 95 588 676 (11 ) — 1,716 Losses charged-off — — — — — (1,423 ) (6 ) — (1,429 ) Recoveries 25 176 2 9 2 359 6 — 579 Balance, end of period $ 3,716 $ 1,402 $ 3,109 $ 1,424 $ 1,205 $ 209 $ 6 $ — $ 11,071 Ending balance: individually evaluated for impairment $ 506 $ 375 $ — $ 39 $ — $ 2 $ — $ — $ 922 Ending balance: collectively evaluated for impairment 3,210 1,027 3,109 1,385 1,205 207 6 — 10,149 Unallocated — — — — — — — — — Total $ 3,716 $ 1,402 $ 3,109 $ 1,424 $ 1,205 $ 209 $ 6 $ — $ 11,071 Loans: Ending balance: individually evaluated for impairment $ 8,738 $ 10,074 $ 520 $ 4,128 $ 1,075 $ 625 $ — $ — $ 25,160 Ending balance: collectively evaluated for impairment 278,420 90,780 188,030 147,065 66,165 12,248 886 — 783,594 Total $ 287,158 $ 100,854 $ 188,550 $ 151,193 $ 67,240 $ 12,873 $ 886 $ — $ 808,754 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 For the Period 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 325 (465 ) 713 13 193 (845 ) 9 — (57 ) Losses charged-off (38 ) — (3 ) — (85 ) — (13 ) — (139 ) Recoveries 18 142 1 9 5 733 9 — 917 Balance, end of period $ 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: Ending balance: individually evaluated for impairment $ 8,471 $ 9,385 $ — $ 6,459 $ 1,145 $ 615 $ — $ — $ 26,075 Ending balance: collectively evaluated for impairment 218,938 88,246 158,200 115,041 29,195 15,104 843 — 625,567 Total $ 227,409 $ 97,631 $ 158,200 $ 121,500 $ 30,340 $ 15,719 $ 843 $ — $ 651,642 Note 4. Loans Receivable and Allowance for Loan Losses (Continued) For the Year Ended December 31, 2015 Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated For the Period Allowances for loan losses: Balance, beginning of year $ 2,727 $ 2,277 $ 1,669 $ 1,529 $ 504 $ 732 $ 11 $ — $ 9,449 Provision charged to expense 204 (20 ) 582 (243 ) 75 (247 ) 2 — 353 Losses charged-off (142 ) (140 ) (257 ) (19 ) (77 ) — (8 ) — (643 ) Recoveries 53 10 - 31 - 224 7 — 325 Balance, end of year $ 2,842 $ 2,127 $ 1,994 $ 1,298 $ 502 $ 709 $ 12 $ — $ 9,484 Ending balance: individually evaluated for impairment $ 386 $ 782 $ — $ 277 $ — $ 1 $ — $ — $ 1,446 Ending balance: collectively evaluated for impairment 2,456 1,345 1,994 1,021 502 708 12 — 8,038 Unallocated — — — — — — — — — Total $ 2,842 $ 2,127 $ 1,994 $ 1,298 $ 502 $ 709 $ 12 $ — $ 9,484 Loans: Ending balance: individually evaluated for impairment $ 10,797 $ 10,463 $ — $ 6,671 $ 637 $ 826 $ — $ — $ 29,394 Ending balance: collectively evaluated for impairment 193,134 95,743 122,836 99,791 22,246 13,524 788 — 548,062 Total $ 203,931 $ 106,206 $ 122,836 $ 106,462 $ 22,883 $ 14,350 $ 788 $ — $ 577,456 Loans are considered impaired when current information and events indicate all amounts due may not be collectable according to the contractual terms of the related loan agreements. Impaired loans, including TDR’s, are identified by applying normal loan review procedures in accordance with the Allowance for Loan Loss methodology. Management periodically assesses loans to determine whether impairment exists. Any loan that is, or will potentially be, no longer performing 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 years ended December 31, 2017, 2016 and 2015: Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized December 31, 2017 Balance Allowance Allowance Investment Allowance Investment on Cash Basis Mortgages: 1-4 Family $ 20,036 $ 10,651 $ 8,161 $ 18,812 $ 506 $ 18,512 $ 890 Multifamily 533 520 — 520 375 166 — Nonresidential properties 4,729 3,633 495 4,128 — 5,231 166 Construction and land 1,233 1,075 — 1,075 39 1,042 — Nonmortgage Loans: Business 667 529 96 625 2 594 24 Consumer — — — — — — — Total $ 27,198 $ 16,408 $ 8,752 $ 25,160 $ 922 $ 25,545 $ 1,080 Note 4. Loans Receivable and Allowance for Loan Losses (Continued) 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 Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized December 31, 2015 Balance Allowance Allowance Investment Allowance Investment on Cash Basis Mortgages: 1-4 Family $ 23,060 $ 11,025 $ 10,235 $ 21,260 $ 1,169 $ 24,797 $ 993 Multifamily — — — — — 1,544 2 Nonresidential properties 7,264 4,028 2,643 6,671 277 6,595 302 Construction and land 662 637 — 637 — 931 45 Nonmortgage Loans: Business 891 755 71 826 1 993 44 Consumer — — — — — 2 3 Total $ 31,877 $ 16,445 $ 12,949 $ 29,394 $ 1,447 $ 34,862 $ 1,389 The loan portfolio also includes certain loans that have been modified in a TDR. Under applicable standards, 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 a loan is modified 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 for loan losses. Note 4. Loans Receivable and Allowance for Loan Losses (Continued) As of and for the year ended December 31, 2017, there was one loan that was restructured as a TDR. As of and for the year ended December 31, 2016, there were no loans restructured as TDRs. For the years ended December 31, 2017 and 2016, there were no outstanding TDR loans that had a payment default within 12 months following its modification. Loans Restructured During All TDRs with a payment default within 12 months following the Year Ended December 31, 2017 modification Pre- Post- Balance Modification Modification of Loans Number Recorded Recorded Number at the Time of Loans Balance Balance of Loans of Default Mortgages: 1-4 Family 1 $ 176 $ 176 — $ — Total 1 $ 176 $ 176 — $ — Combination of rate, maturity, other 1 $ 176 $ 176 — $ — Total 1 $ 176 $ 176 — $ — At December 31, 2017, there were 49 troubled debt restructured loans, included in impaired loans, of $18,371. At December 31, 2016, there were 58 troubled debt restructured loans, included in impaired loans, of $21,021. There were 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 represents specific impairment reserves on these loans which aggregated $921 and $1,373 at December 31, 2017 and December 31, 2016, respectively.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2017
Property Plant And Equipment [Abstract]
Premises and Equipment	A summary of premises and equipment at December 31, 2017 and 2016 is as follows: December 31, 2017 2016 Land $ 3,979 $ 3,979 Buildings and improvements 15,972 15,972 Leasehold improvements 20,973 19,280 Furniture, fixtures and equipment 4,875 3,799 45,799 43,030 Less accumulated depreciation and amortization (18,627 ) (17,002 ) $ 27,172 $ 26,028 Depreciation and amortization expense amounted to $1,625, $1,679 and $1,817 for the years ended December 31, 2017 2016, and 2015, respectively, and are included in occupancy expense in the accompanying consolidated statements of income (loss).

Deposits

Deposits	12 Months Ended
	Dec. 31, 2017
Banking And Thrift [Abstract]
Deposits	Note 6. Deposits Deposits at December 31, 2017 and 2016 are summarized as follows: December 31, 2017 2016 Demand $ 103,001 $ 78,792 Interest-bearing deposits: NOW/IOLA accounts 27,758 25,692 Money market accounts 46,497 42,788 Savings accounts 126,668 127,085 Total NOW, money market, and savings 200,923 195,565 Certificates of deposit of $250K or more 80,300 90,267 All other certificates of deposit 329,761 278,454 Total certificates of deposit 410,061 368,721 Total interest-bearing deposits 610,984 564,286 Total deposits $ 713,985 $ 643,078 At December 31, 2017, scheduled maturities of certificates of deposit were as follows: December 31, 2018 $ 161,098 2019 82,820 2020 52,173 2021 73,084 2022 40,886 $ 410,061 Overdrawn deposit accounts that have been reclassified to loans amounted to $174 and $149 as of December 31, 2017 and 2016, respectively.

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Borrowings	Note 7. Borrowings FHLB Advances The Bank had $16,400 and $3,000 of outstanding advances from the FHLB on term basis and an overnight line of credit basis at December 31, 2017 and 2016, respectively. The Bank also had a guarantee from the FHLB through a standby letter of credit of $6,614 and $3,583 at December 31, 2017 and 2016, respectively. Additionally, the Bank had an unsecured fed funds line in the amount of $22,000 with a correspondent bank, of which $20,000 was outstanding at December 31, 2017. Borrowed funds at December 31, 2017 and 2016 consist of FHLB and correspondent bank advances and are summarized by maturity and call date below: Note 7. Borrowings (Continued) December 31, December 31, 2017 2016 Scheduled Maturity Redeemable at Call Date Weighted Average Rate Scheduled Maturity Redeemable at Call Date Weighted Average Rate FHLB Overnight line of credit advance $ — $ — — % $ 3,000 $ 3,000 0.78 % Correspondent Bank Overnight line of credit advance 20,000 20,000 1.64 — — — FHLB Term advances ending December 31: 2020 1,400 1,400 2.11 — — — 2021 3,000 3,000 1.84 — — — 2022 5,000 5,000 1.97 — — — 2023 7,000 7,000 2.12 — — — $ 36,400 $ 36,400 1.81 % $ 3,000 $ 3,000 — % Interest expense on advances totaled $210, $8, and $44 for the years ended December 31, 2017, 2016 and 2015, respectively. As of December 31, 2017 and 2016, the Bank has eligible collateral of approximately $66,254 and $164,843, respectively, in mortgage loans available to secure advances from the FHLB. Securities Sold under Agreement to Repurchase

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	The provision (benefit) for income taxes for the years ended December 31, 2017, 2016, and 2015 consists of the following: For the Years Ended December 31, 2017 2016 2015 Federal: Current $ 1,062 $ 642 $ 91 Deferred 24 387 1,090 1,086 1,029 1,181 State and local: Current 402 237 122 Deferred (1,670 ) (754 ) (722 ) (1,268 ) (517 ) (600 ) Changes in valuation allowance 1,606 493 734 Provision (benefit) for income taxes $ 1,424 $ 1,005 $ 1,315 Total income tax expense differed from the amounts computed by applying the U.S. federal income tax rate of 34% for 2017, 2016, and 2015 to income before income taxes as a result of the following: Note 8. Income Taxes (Continued) For the Years Ended December 31, 2017 2016 2015 Income tax, at federal rate $ (1,007 ) $ 826 $ 1,303 State and local tax, net of federal taxes (1,340 ) (341 ) (395 ) Valuation allowance, net of the federal benefit 1,606 493 734 Expense (benefit) due to enactment of federal tax reform 2,113 — — Other 52 27 (327 ) $ 1,424 $ 1,005 $ 1,315 On December 22, 2017, the U.S. Government signed into law the “Tax Cuts and Jobs Act” which, starting in 2018, reduced the Company’s corporate income tax rate from 34% to 21%, but eliminates or increases certain permanent differences. As of the date of enactment, the Company has adjusted its deferred tax assets and liabilities for the new statutory rate, which resulted in a $2,113 income tax expense for the year ended December 31, 2017. On December 22, 2017, the U.S. Securities and Exchange Commission (“SEC”) released Staff Accounting Bulletin No. 118 (“SAB 118”) to address any uncertainty or diversity of views in practice in accounting for the income tax effects of the Act in situations where a registrant does not have the necessary information available, prepared, or analyzed in reasonable detail to complete this accounting in the reporting period that includes the enactment date. SAB 118 allows for a measurement period, not to extend beyond one year from the Act’s enactment date, to complete the necessary accounting. We recorded provisional amounts of deferred income taxes using reasonable estimates in two areas where the information necessary to complete the accounting was not available, prepared, or analyzed: 1) Our deferred tax liability for temporary differences between the tax and financial reporting bases of fixed assets principally due to the accelerated depreciation under the Act which allows for full expensing of qualified property purchased and placed into service after September 27, 2017; and 2) Our deferred tax asset for temporary differences associated with accrued compensation is awaiting final determinations of amounts that will be paid and deducted on the 2017 income tax returns. In a third area, we made no adjustments to deferred tax assets representing future deductions for accrued compensation that may be subject to new limitations under Internal Revenue Code Section 162(m) which, generally, limits the annual deduction for certain compensation paid to certain employees to $1 million. As of the report filing date, there is uncertainty regarding how the newly-enacted rules in this area apply to existing contracts. Consequently, we are seeking further clarification of these matters before completing our analysis. We will complete and record the income tax effects of these provisional items during the period the necessary information becomes available. This measurement period will not extend beyond December 22, 2018. Management maintains a valuation allowance against its net New York State and New York City deferred tax as it is unlikely these deferred tax assets will impact the Company's tax liability in future years. Management has determined that it is not required to establish a valuation allowance against any other deferred tax asset in accordance with GAAP 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 December 31, 2017 and 2016, the Company had no unrecognized tax benefits recorded. The Company does not expect the total amount of unrecognized tax benefits to significantly increase in the next twelve months. The Company recognizes interest and penalties on unrecognized tax benefits as a component of income tax expense. Note 8. Income Taxes (Continued) The Company is subject to U.S. federal income tax, New York State income tax, New Jersey income tax, and New York City income tax. The Company is no longer subject to examination by taxing authorities for years before 2014. The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2017 and 2016 are presented below: At December 31, 2017 2016 Deferred tax assets: Allowance for losses on loans $ 3,444 $ 4,352 Pension obligations 2,402 3,134 Interest on nonaccrual loans 415 525 Unrealized loss on available-for-sale securities 72 86 Amortization of intangible assets 120 219 Deferred rent payable 194 212 Net Operating Losses 2,444 1,340 Charitable contribution carryforward 1,840 — Other 162 20 Total gross deferred tax assets 11,093 9,888 Deferred tax liabilities: Cumulative contribution in excess of net periodic benefit costs, net 3,134 4,313 Depreciation and amortization of premises and equipment 601 426 Deferred loan fees 317 303 Other 18 17 Total gross deferred tax liabilities 4,070 5,059 Valuation allowance 3,114 1,450 Net deferred tax assets $ 3,909 $ 3,379 The deferred tax expense (benefit) has been allocated between operations and equity as follows: For the Years Ended December 31, 2017 2016 2015 Equity $ 746 $ 260 $ 320 Operations (1,276 ) 126 1,086 $ (530 ) $ 386 $ 1,406

Compensation and Benefit Plans

Compensation and Benefit Plans	12 Months Ended
	Dec. 31, 2017
Compensation And Retirement Disclosure [Abstract]
Compensation and Benefit Plans	Note 9. Compensation and Benefit Plans Defined Benefit Plan Effective January 1, 2007, the noncontributory defined benefit pension plan (the “Old Pension Plan”) of the Company was frozen and replaced with a qualified defined contribution plan (the “401(k) Plan”) as noted in more detail below. The Old Pension Plan covered substantially all employees. Employees were eligible to participate after one year of service. Normal retirement age was 65, with an early retirement provided for at age 55. The Old Pension Plan was effectively frozen on May 31, 2007 (the curtailment date) and this resulted in an actuarial reassessment of the Old Pension Plan’s future estimated obligations. All participants that are presently vested with the Old Pension Plan will remain in the Old Pension Plan and will receive the full accrued benefit, as defined, upon retirement, in accordance with the plan document. Note 9. Compensation and Benefit Plans (Continued) In May of 2015, the Old Pension 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 consolidated statements of financial condition as of December 31, 2017 and 2016 using a measurement date as of December 31, 2017 and 2016, respectively: December 31, 2017 2016 Projected benefit obligation $ (15,883 ) $ (14,142 ) Fair value of plan assets 14,732 15,038 Funded status $ (1,151 ) $ 896 Accumulated benefit obligation $ (15,883 ) $ (14,142 ) December 31, 2017 2016 Changes in benefit obligation: Beginning of period $ 14,142 $ 14,903 Service cost 39 39 Interest cost 581 615 2017 interest rate change 1,338 — 2017 mortality change 1,906 — (Gain)/ Loss (1,345 ) (523 ) Administrative cost (39 ) (39 ) Benefits paid (739 ) (853 ) End of period $ 15,883 $ 14,142 December 31, 2017 2016 Changes in plan assets: Fair value of plan assets, beginning of year $ 15,038 $ 14,553 Actual return on plan assets 472 507 Employer contributions — 870 Plan participant contributions — — Benefits paid (739 ) (853 ) Administrative expenses paid (39 ) (39 ) Fair value of plan assets, end of year $ 14,732 $ 15,038 Pretax 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 December 31, 2017 and 2016: December 31, 2017 2016 Net loss $ (11,224 ) $ (9,217 ) Note 9. The components of net periodic benefit cost are as follows for the years ended December 31, 2017, 2016, and 2015: For the Years Ended December 31, 2017 2016 2015 Service cost $ 39 $ 39 $ 35 Interest cost 581 615 584 Expected return on plan assets (839 ) (848 ) (818 ) Amortization of prior service cost 25 25 25 Amortization of (gain)/loss 234 248 238 Net periodic benefit cost $ 40 $ 79 $ 64 Weighted-average assumptions used to determine the net benefit obligations consisted of the following as of December 31, 2017 and 2016: December 31, 2017 2016 Discount rate 3.50% 4.25% Rate of compensation increase 0.00% 0.00% Weighted-average assumptions used to determine the net benefit cost consisted of the following for the years ended December 31, 2017 and 2016: December 31, 2017 2016 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 expected rate of return on plan assets is estimated based on the plan’s historical performance of return on assets. The 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 pension plan assets at December 31, 2017 and 2016 was $14,696 and $15,296, 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 3 measurement. Employer contributions and benefit payments for the years ended December 31, 2017 and 2016 are as follows: December 31, 2017 2016 Employer contribution $ — $ 870 Benefits paid $ 739 $ 853 Note 9. Employee benefit payments expected to be paid in the future are as follows: Year ending December 31, 2018 $ 735 2019 736 2020 714 2021 695 2022 700 Thereafter 3,307 $ 6,887 401(k) Plan Following is a summary of the provisions of the 401(k) Plan: On January 1, 2007, a qualified defined contribution retirement plan under Section 401(k) of the Internal Revenue Code was adopted. 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. Discretionary matching, profit-sharing, and safe harbor contributions, not to exceed 4% of employee compensation and profit-sharing contributions may be provided. Contributions were approximately $317 and $339 for the years ended December 31, 2017 and 2016. Employee Stock Ownership Plan: In connection with the reorganization, the Company established an Employee Stock Ownership Plan (ESOP) for the exclusive benefit of eligible employees. The ESOP borrowed $7,238 from the Company sufficient to purchase 723,751 shares (approximately 3.92% of the common stock sold in the stock offering). The loan is secured by the shares purchased and will be repaid by the ESOP with funds from contributions made by the Company and dividends received by the ESOP. Contributions will be applied to repay interest on the loan first, and then the remainder will be applied to principal. The loan is expected to be repaid over a period of 15 years. Shares purchased with the loan proceeds are held by the trustee in a suspense account for allocation among participants as the loan is repaid. Contributions to the ESOP and shares released from the suspense account are allocated among participants in proportion to their compensation, relative to total compensation of all active participants, subject to applicable regulations. Contributions to the ESOP are to be sufficient to pay principal and interest currently due under the loan agreement. As shares are committed to be released from collateral, compensation expense equal to the average market price of the shares for the respective period are recognized, and the shares become outstanding for earnings per share computations. Shares Amount Balance, beginning of year — $ — New shares purchased 723,751 7,238 Shares released to participants 48,250 483 Shares allocated to participants — — Balance, end of year 675,501 $ 6,755 At December 31, 2017, we had $6,712 outstanding of funds borrowed for the ESOP. We recognized $526 in compensation expense and $52 in interest expense, for the year ended December 31, 2017.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Note 10. Earnings Per Share The following table presents a reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share: For the Period September 29, through December 31,2017 Net Income (loss) for the period September 29 through December 31, 2017 $ (2,864 ) Shares Outstanding for basic EPS: Weighted Average shares outstanding: 18,463,028 Less: Weighted Average Unallocated Employee Stock Ownership Plan (ESOP) shares: 723,232 Basic weighted shares outstanding 17,739,796 Basic earnings per share (0.16 ) Dilutive potential common shares: — Diluted weighted average shares outstanding 17,739,796 Diluted earnings per share $ (0.16 )

Commitments, Contingencies and

Commitments, Contingencies and Credit Risk	12 Months Ended
	Dec. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments, Contingencies and Credit Risk	Note 11. 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 same credit policies are used in making commitments and contractual obligations as for on-balance-sheet instruments. Financial instruments whose contractual amounts represent credit risk at December 31, 2017 and December 31, 2016 are as follows: December 31, 2017 2016 Commitments to grant mortgage loans $ 54,423 $ 33,813 Unfunded commitments under lines of credit 33,641 27,404 Standby letters of credit 6,734 2,487 $ 94,798 $ 63,704 Commitments to Grant Mortgage Loans Note 11. Commitments, Contingencies and Credit Risk (Continued) 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 December 31, 2017 is as follows: Year Ending December 31, 2018 $ 1,200 2019 1,170 2020 1,204 2021 1,240 2022 1,145 Thereafter 7,785 $ 13,744 Legal Matters Regulatory Agreement:

Fair Value

Fair Value	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value	Note 12. 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: Note 12. Fair Value (Continued) 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 Company 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 Note 12. Fair Value (Continued) Off-Balance-Sheet Instruments Fair values for 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 December 31, 2017 and December 31, 2016, and indicate the level within the fair value hierarchy utilized to determine the fair value: December 31, 2017 Description Total Level 1 Level 2 Level 3 Available-for-Sale Securities: U.S. government and federal agencies $ 24,552 $ — $ 24,552 $ — Mortgage-Backed Securities: FNMA Certificates 1,103 — 1,103 — GNMA Certificates 3,242 — 3,242 — $ 28,897 $ — $ 28,897 $ — 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 $ — Our assessment and classification of an investment within a level can change over time based upon maturity or liquidity of the investment and would be reflected at the beginning of the quarter in which the change occurred. The following tables detail the assets carried at fair value and measured at fair value on a nonrecurring basis as of December 31, 2017 and December 31, 2016 and indicate the fair value hierarchy utilized to determine the fair value: December 31, 2017 Total Level 1 Level 2 Level 3 Impaired loans $ 25,160 $ — $ — $ 25,160 Loans held for sale $ — $ — $ — $ — 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 de minimis for the years ended December 31, 2017 Note 12. Fair Value (Continued) The fair value information about financial instruments are disclosed, 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 Company. 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 Company since a fair value calculation is only required for a limited portion of the Company'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 Company's disclosures and those of other savings association holding companies may not be meaningful. As of the years ended December 31, 2017 Carrying Fair Value Measurements December 31, 2017 Amount Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 59,724 $ 59,724 $ — $ — $ 59,724 Investment securities 28,897 — 28,897 — 28,897 Loans receivable, net 798,703 — — 813,160 813,160 Accrued interest receivable 3,335 — 3,335 — 3,335 FHLB stock 1,511 1,511 — — 1,511 Pension plan asset 14,735 — — 14,696 14,696 Financial liabilities: Deposits: Demand deposits 103,001 103,001 — — 103,001 Interest-bearing deposits 200,923 200,923 — — 200,923 Certificates of deposit 410,061 — 414,902 — 414,902 Advance payments by borrowers for taxes and insurance 5,025 — 5,025 — 5,025 Advances 36,400 36,400 — — 36,400 Accrued interest payable 42 — 42 — 42 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 — — 15,296 15,296 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 3,000 3,000 — — 3,000 Accrued interest payable 28 — 28 — 28 Off-Balance-Sheet Instruments Note 12. Fair Value (Continued) Pension Plan Asset

Regulatory Capital Requirements

Regulatory Capital Requirements	12 Months Ended
	Dec. 31, 2017
Banking And Thrift [Abstract]
Regulatory Capital Requirements	Note 13. Regulatory Capital Requirements The Company and the Bank are subject to various regulatory capital requirements administered by the Federal Reserve Board and the OCC, respectively. 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 Company’s operations and consolidated financial statements. Under the regulatory capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital guidelines that involve quantitative measures of the Company's assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The Company'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 maintenance of 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). Management believes that, as of December 31, 2017 and December 31, 2016, all applicable capital adequacy requirements have been met. 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 applicable capital buffer was 12.7% at December 31, 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 Company and 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 Company's and the Bank’s actual capital amounts and ratios as of December 31, 2017 and December 31, 2016 as compared to regulatory requirements are as follows: Note 13. Regulatory Capital Requirements (Continued) To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio December 31, 2017 PDL Community Bancorp Total Capital to Risk-Weighted Assets $ 181,196 26.57 % $ 54,557 8.00 % $ 68,196 10.00 % Tier 1 Capital to Risk-Weighted Assets 172,603 25.31 % 40,917 6.00 % 54,557 8.00 % Common Equity Tier 1 Capital Ratio 172,603 25.31 % 30,688 4.50 % 44,327 6.50 % Tier 1 Capital to Total Assets 172,603 20.02 % 34,486 4.00 % 43,108 5.00 % Ponce Bank Total Capital to Risk-Weighted Assets $ 141,120 20.73 % $ 54,447 8.00 % $ 68,059 10.00 % Tier 1 Capital to Risk-Weighted Assets 132,577 19.48 % 40,835 6.00 % 54,447 8.00 % Common Equity Tier 1 Capital Ratio 132,577 19.48 % 30,626 4.50 % 44,238 6.50 % Tier 1 Capital to Total Assets 132,577 14.67 % 36,152 4.00 % 45,190 5.00 % December 31, 2016 Ponce Bank 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)	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	The components of accumulated other comprehensive income (loss) are as follows: December 31, 2017 December 31, 2016 Current Year Change December 31, 2017 Unrealized losses on securities available for sale, net $ (166 ) $ (55 ) $ (221 ) Unrealized losses on pension benefits, net (6,084 ) (1,546 ) (7,630 ) Total $ (6,250 ) $ (1,601 ) $ (7,851 ) 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	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
Transactions With Related Parties	Note 15. Transactions with Related Parties Directors and officers of the Company have been customers of and have had transactions with the Company, and it is expected that such persons will continue to have such transactions in the future. Aggregate loan transactions with related parties for the years ended December 31, 2017, 2016, and 2015 were as follows: For the Years Ended December 31, 2017 2016 2015 Beginning balance $ 1,573 $ 1,728 $ 397 Originations — — 1,494 Payments (222 ) (155 ) (163 ) Ending balance $ 1,351 $ 1,573 $ 1,728 The Company held deposits in the amount of $5,959 and $6,856 from officers and directors at December 31, 2017 and December 31, 2016, respectively.

Parent Company Only Financial S

Parent Company Only Financial Statements	12 Months Ended
	Dec. 31, 2017
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Parent Company Only Financial Statements	Note 16. Parent Company Only Financial Statements The following are the financial statements of the Parent as of and for the year ended December 31, 2017. The Parent was established as of September 29, 2017, therefore prior period financial information is not available. ASSETS December 31, 2017 Cash and cash equivalents $ 32,060 Investment in Ponce Bank 39,272 Loan receivable - ESOP 6,712 Other assets 1,349 Total assets $ 79,393 LIABILITIES AND STOCKHOLDERS' EQUITY Other liabilities and accrued expenses 62 Stockholders' Equity 79,331 Total liabilities and stockholders' equity $ 79,393 For the Year Ended December 31, 2017 Interest on ESOP loan $ 53 Contribution to Ponce De Leon Foundation 6,293 Income before income tax (benefit) (6,240 ) Income tax (benefit) (1,287 ) Equity in undistributed earnings of Ponce Bank 1,523 Net income (loss) $ (3,430 ) Note 16. Parent Company Only Financial Statements (Continued) For the Year Ended December 31, 2017 Cash Flows from Operating Activities: Net income (loss) $ (3,430 ) Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: Equity in undistributed earnings of subsidiaries (1,523 ) Contribution to Ponce De Leon Foundation 6,093 Deferred tax expense (1,261 ) Net decrease (increase) in accrued interest receivable — Increase in other assets (88 ) Net increase in other liabilities 62 Net cash used in operating activities (147 ) Cash Flows from Investing Activities: Investment in Ponce Bank (39,272 ) Repayment of ESOP Loan 526 Net cash used in investing activities (38,746 ) Cash Flows from Financing Activities: Issuance of common stock 78,191 Purchase of shares by ESOP (7,238 ) Net cash provided by financing activities 70,953 Net increase in cash and cash equivalents 32,060 Cash and cash equivalents at beginning of year — Cash and cash equivalents at end of year $ 32,060

Quarterly Financial Information

Quarterly Financial Information (unaudited)	12 Months Ended
	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information (unaudited)	Note 17. Quarterly Financial Information (unaudited) In thousands of dollars except per share amounts 2017 2016 Fourth Third Second First Fourth Third Second First Net interest income $ 8,477 $ 8,348 $ 8,083 $ 7,298 $ 7,016 $ 6,879 $ 6,742 $ 7,168 Provision for loan losses 1,219 238 207 52 139 115 235 (546 ) Net interest income after provision for loan losses 7,258 8,110 7,876 7,246 6,877 6,764 6,507 7,714 Non-interest income 694 768 884 758 582 637 671 541 Non-interest expense 8,736 13,730 6,995 7,096 7,061 6,880 6,965 6,957 Income (loss) before taxes (784 ) (4,852 ) 1,765 908 398 521 213 1,298 Income tax expense 2,081 (1,643 ) 641 345 159 239 117 490 Net Income (Loss) $ (2,865 ) $ (3,209 ) $ 1,124 $ 563 $ 239 $ 282 $ 96 $ 808 Basic earnings per share $ (0.16 ) N/A N/A N/A N/A N/A N/A N/A Diluted earnings per share $ (0.16 ) N/A N/A N/A N/A N/A N/A N/A Weighted average common shares (basic and diluted) 17,739,796 N/A N/A N/A N/A N/A N/A N/A

Nature of Business and Summar26

Nature of Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Financial Statement Presentation	Basis of Financial Statement Presentation The consolidated financial statements of PDL Community Bancorp (the “Company”) presented herein have been prepared in conformity with accounting principles generally accepted in the United States of America and include the accounts of the Company, its wholly owned subsidiary Ponce Bank (the “Bank”), and the Bank’s wholly-owned subsidiaries. The Bank’s subsidiaries consist of PFS Service Corp., which owns some of the Bank’s real property, and Ponce De Leon Mortgage Corp., which is a mortgage banking entity. All significant intercompany transactions and balances have been eliminated in consolidation .
Reorganization and Stock Issuance	Reorganization and Stock Issuance: On September 29, 2017, Ponce De Leon Federal Bank reorganized into a two-tier mutual holding company structure with a mid-tier stock holding company. The Company sold 8,308,362 shares of common stock at $10.00 per share, including 723,751 shares purchased by the Company’s Employee Stock Ownership Plan (“ESOP”). In addition, the Company issued 9,545,387 shares to Ponce Bank Mutual Holding Company, the Company’s mutual holding company parent (the “MHC”) and 609,279 shares to The Ponce De Leon Foundation (“Foundation”), a charitable foundation that was formed in connection with the stock offering and is dedicated to supporting charitable organizations operating in the Bank’s local community. A total of 18,463,028 shares of common stock were outstanding following the completion of the stock offering. As a result of the reorganization, the reporting entity changed from Ponce De Leon Federal Bank to PDL Community Bancorp. The direct costs of the Company’s stock offering of $4,988 were deferred and deducted from the proceeds of the offering.
Nature of Operations	Nature of Operations: 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, it changed its name to “Ponce De Leon Federal Savings Bank.” In 1997, it changed its name again to “Ponce De Leon Federal Bank.” Upon the completion of its reorganization into the MHC, the assets and liabilities of Ponce De Leon Federal Bank were transferred to and assumed by the Bank, a federally chartered stock savings association, owned 100% by PDL Community Bancorp and known as and conducting business under the name “Ponce Bank.” The Bank will continue to be subject to comprehensive regulation and examination by the Office of Comptroller of the Currency (the “OCC”). 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 and borrowings, in mortgage loans, consisting of one-to-four family residential (both investor-owned and owner-occupied), multifamily residential, 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, savings, money markets and certificates of deposit accounts.
Use of Estimates	Use of Estimates: Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, the valuation of loans held for sale, the valuation of deferred tax assets and investment securities, and the determination of pension benefit obligations.
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 tax. 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 (loss) and 2) OTTI related to other factors, which is recognized in other comprehensive income (loss). 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	Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) 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. Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) The general component covers non‑impaired loans and is based on historical loss experience adjusted for current factors. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced over a rolling 12 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	Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Transfers of Financial Assets
Premises and Equipment	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	Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) 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 At December 31, 2017 and 2016, there are no liabilities recorded related to uncertain tax positions. Income tax returns filed for years before 2014 are no longer subject to income tax examinations by U.S. federal, state or local tax authorities. 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 (loss).
Related Party Transactions	Related Party Transactions
Defined Benefit Plan	Defined Benefit Plan:
Employee Stock Ownership Plan	Employee Stock Ownership Plan:
Comprehensive Income (Loss)	Comprehensive Income (Loss)
Loss Contingencies	Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Loss Contingencies
Fair Value of Financial Instruments	Fair Value of Financial Instruments
Segment Reporting	Segment Reporting
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: As an emerging growth company (“EGC”) as defined in Rule 12b-2 of the Exchange Act, the Company has elected to use the extended transition period to delay the adoption of new or reissued accounting pronouncements applicable to public companies until such pronouncements are made applicable to nonpublic companies. As of December 31, 2017, there is no significant difference in the comparability of the consolidated financial statements as a result of this extended transition period. In May 2014, the FASB issued ASU 2014-09, “ Revenue from Contracts with Customers (Topic 606)” Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) 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. The Company expects to apply the amendments by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the year of adoption through retained earnings. The adoption of this update is not expected to have a material impact on the Company’s consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “ Leases (Topic 842) The Company has begun its evaluation of the amended guidance including the potential impact on its consolidated financial statements. To date, the Company has identified its leased office spaces as within the scope of the guidance. The Company 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 Company’s consolidated financial statements. Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) 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 origination. ASU No. 2016-13 is effective for annual reporting periods beginning after December 15, 2019, including interim periods within those fiscal years, for public business entities. As the Company is taking advantage of extended transition period for complying with new or revised accounting standards assuming it remains an EGC, we will adopt the amendments in this update beginning after December 15, 2020, including interim periods within those fiscal years. Entities have to apply the standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (i.e., modified retrospective approach). Although early adoption is permitted, the Company does not expect to elect that option. The Company 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 Company expects that the new guidance will result in an increase in the allowance for loan losses, particularly for longer duration loan portfolios. The Company 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. Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) In August 2016, the FASB issued ASU 2016-15, “ Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments In March 2017, the FASB issued ASU 2017-07 “Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.” The adoption of this update is not expected to have a material impact on the Company’s consolidated financial statements. In March 2017, the FASB issued ASU 2017-08 “Receivables – Non-Refundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities. In February 2018, the Financial Accounting Standards Board issued Accounting Standards Update 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

Nature of Business and Summar27

Nature of Business and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 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)	12 Months Ended
	Dec. 31, 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 December 31, 2017 and 2016 are summarized as follows: December 31, 2017 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value U.S. Government and Federal Agencies $ 24,911 $ — $ (359 ) $ 24,552 Mortgage-Backed Securities: FNMA Certificates 1,118 — (15 ) 1,103 GNMA Certificates 3,205 38 (1 ) 3,242 $ 29,234 $ 38 $ (375 ) $ 28,897 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
Company'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 Company'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 December 31, 2017 and 2016: December 31, 2017 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 $ — $ — $ 24,552 $ (359 ) $ 24,552 $ (359 ) Mortgage-Backed FNMA Certificates 1,094 (15 ) — — 1,094 (15 ) GNMA Certificates 1,205 (1 ) — — 1,205 (1 ) $ 2,299 $ (16 ) $ 24,552 $ (359 ) $ 26,851 $ (375 ) 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 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 December 31, 2017 and 2016. Amounts are shown by contractual maturity. Because borrowers of the underlying collateral for mortgage-backed securities have the right to prepay obligations with or without prepayment penalties, at any time, these securities are included as a total within the table. December 31, 2017 Available-for-Sale Amortized Fair Cost Value U.S. Government and Federal Agency Securities: Amounts maturing: Three months or less $ — $ — After three months through one year 1,990 1,977 After one year through five years 22,921 22,575 24,911 24,552 Mortgage-Backed Securities 4,323 4,345 Total $ 29,234 $ 28,897 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 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 Allowanc29

Loans Receivable and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
Summary of Loans	Loans at December 31, 2017 and 2016 are summarized as follows: December 31, December 31, 2017 2016 Mortgage loans: 1-4 family residential Investor-Owned $ 287,158 $ 227,409 Owner-Occupied 100,854 97,631 Multifamily residential 188,550 158,200 Nonresidential properties 151,193 121,500 Construction and land 67,240 30,340 Nonmortgage loans: Business loans 12,873 15,719 Consumer loans 886 843 808,754 651,642 Net deferred loan origination costs 1,020 711 Allowance for losses on loans (11,071 ) (10,205 ) Loans, net $ 798,703 $ 642,148
Schedule of Credit Risk Ratings by Loan Segment	The following tables present credit risk ratings by loan segment as of December 31, 2017 and 2016: December 31, 2017 Mortgage Loans Nonmortgage Loans Construction Total 1-4 Family Multifamily Nonresidential and Land Business Consumer Loans Risk Rating: Pass $ 370,629 $ 188,030 $ 148,253 $ 59,914 $ 12,726 $ 886 $ 780,438 Special mention 4,667 — — 650 — — 5,317 Substandard 12,716 520 2,940 6,676 147 — 22,999 Doubtful — — — — — — — Total $ 388,012 $ 188,550 $ 151,193 $ 67,240 $ 12,873 $ 886 $ 808,754 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	Note 4. Loans Receivable and Allowance for Loan Losses (Continued) An aging analysis of loans, as of December 31, 2017 and 2016, is as follows: December 31, 2017 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 $ 285,485 $ 1,201 $ — $ 472 $ 287,158 $ 2,178 $ 7 Owner-Occupied 96,878 585 — 3,391 100,854 5,317 — Multifamily 188,504 46 — — 188,550 521 — Nonresidential properties 149,300 11 — 1,882 151,193 2,170 — Construction and land 67,240 — — — 67,240 1,075 — Nonmortgage Loans: Business 12,583 239 — 51 12,873 147 — Consumer 886 — — — 886 — — Total $ 800,876 $ 2,082 $ — $ 5,796 $ 808,754 $ 11,408 $ 7 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 $ 2,049 $ — Owner-Occupied 92,778 2,562 557 1,734 97,631 2,109 — 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 Investment	Note 4. Loans Receivable and Allowance for Loan Losses (Continued) The following schedules detail the composition of the allowance for loan losses and the related investment in loans as of December 31, 2017 and 2016, respectively. For the Year Ended December 31, 2017 Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated For the Period 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 544 (578 ) 402 95 588 676 (11 ) — 1,716 Losses charged-off — — — — — (1,423 ) (6 ) — (1,429 ) Recoveries 25 176 2 9 2 359 6 — 579 Balance, end of period $ 3,716 $ 1,402 $ 3,109 $ 1,424 $ 1,205 $ 209 $ 6 $ — $ 11,071 Ending balance: individually evaluated for impairment $ 506 $ 375 $ — $ 39 $ — $ 2 $ — $ — $ 922 Ending balance: collectively evaluated for impairment 3,210 1,027 3,109 1,385 1,205 207 6 — 10,149 Unallocated — — — — — — — — — Total $ 3,716 $ 1,402 $ 3,109 $ 1,424 $ 1,205 $ 209 $ 6 $ — $ 11,071 Loans: Ending balance: individually evaluated for impairment $ 8,738 $ 10,074 $ 520 $ 4,128 $ 1,075 $ 625 $ — $ — $ 25,160 Ending balance: collectively evaluated for impairment 278,420 90,780 188,030 147,065 66,165 12,248 886 — 783,594 Total $ 287,158 $ 100,854 $ 188,550 $ 151,193 $ 67,240 $ 12,873 $ 886 $ — $ 808,754 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 For the Period 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 325 (465 ) 713 13 193 (845 ) 9 — (57 ) Losses charged-off (38 ) — (3 ) — (85 ) — (13 ) — (139 ) Recoveries 18 142 1 9 5 733 9 — 917 Balance, end of period $ 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: Ending balance: individually evaluated for impairment $ 8,471 $ 9,385 $ — $ 6,459 $ 1,145 $ 615 $ — $ — $ 26,075 Ending balance: collectively evaluated for impairment 218,938 88,246 158,200 115,041 29,195 15,104 843 — 625,567 Total $ 227,409 $ 97,631 $ 158,200 $ 121,500 $ 30,340 $ 15,719 $ 843 $ — $ 651,642 Note 4. Loans Receivable and Allowance for Loan Losses (Continued) For the Year Ended December 31, 2015 Mortgage Loans Nonmortgage Loans Total 1-4 Family Investor Owned 1-4 Family Owner Occupied Multifamily Nonresidential Construction and Land Business Consumer Unallocated For the Period Allowances for loan losses: Balance, beginning of year $ 2,727 $ 2,277 $ 1,669 $ 1,529 $ 504 $ 732 $ 11 $ — $ 9,449 Provision charged to expense 204 (20 ) 582 (243 ) 75 (247 ) 2 — 353 Losses charged-off (142 ) (140 ) (257 ) (19 ) (77 ) — (8 ) — (643 ) Recoveries 53 10 - 31 - 224 7 — 325 Balance, end of year $ 2,842 $ 2,127 $ 1,994 $ 1,298 $ 502 $ 709 $ 12 $ — $ 9,484 Ending balance: individually evaluated for impairment $ 386 $ 782 $ — $ 277 $ — $ 1 $ — $ — $ 1,446 Ending balance: collectively evaluated for impairment 2,456 1,345 1,994 1,021 502 708 12 — 8,038 Unallocated — — — — — — — — — Total $ 2,842 $ 2,127 $ 1,994 $ 1,298 $ 502 $ 709 $ 12 $ — $ 9,484 Loans: Ending balance: individually evaluated for impairment $ 10,797 $ 10,463 $ — $ 6,671 $ 637 $ 826 $ — $ — $ 29,394 Ending balance: collectively evaluated for impairment 193,134 95,743 122,836 99,791 22,246 13,524 788 — 548,062 Total $ 203,931 $ 106,206 $ 122,836 $ 106,462 $ 22,883 $ 14,350 $ 788 $ — $ 577,456
Schedule of Information Relates to Impaired Loans	Loans are considered impaired when current information and events indicate all amounts due may not be collectable according to the contractual terms of the related loan agreements. Impaired loans, including TDR’s, are identified by applying normal loan review procedures in accordance with the Allowance for Loan Loss methodology. Management periodically assesses loans to determine whether impairment exists. Any loan that is, or will potentially be, no longer performing 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 years ended December 31, 2017, 2016 and 2015: Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized December 31, 2017 Balance Allowance Allowance Investment Allowance Investment on Cash Basis Mortgages: 1-4 Family $ 20,036 $ 10,651 $ 8,161 $ 18,812 $ 506 $ 18,512 $ 890 Multifamily 533 520 — 520 375 166 — Nonresidential properties 4,729 3,633 495 4,128 — 5,231 166 Construction and land 1,233 1,075 — 1,075 39 1,042 — Nonmortgage Loans: Business 667 529 96 625 2 594 24 Consumer — — — — — — — Total $ 27,198 $ 16,408 $ 8,752 $ 25,160 $ 922 $ 25,545 $ 1,080 Note 4. Loans Receivable and Allowance for Loan Losses (Continued) 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 Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized December 31, 2015 Balance Allowance Allowance Investment Allowance Investment on Cash Basis Mortgages: 1-4 Family $ 23,060 $ 11,025 $ 10,235 $ 21,260 $ 1,169 $ 24,797 $ 993 Multifamily — — — — — 1,544 2 Nonresidential properties 7,264 4,028 2,643 6,671 277 6,595 302 Construction and land 662 637 — 637 — 931 45 Nonmortgage Loans: Business 891 755 71 826 1 993 44 Consumer — — — — — 2 3 Total $ 31,877 $ 16,445 $ 12,949 $ 29,394 $ 1,447 $ 34,862 $ 1,389
Schedule of Troubled Debt Restructuring	Loans Restructured During All TDRs with a payment default within 12 months following the Year Ended December 31, 2017 modification Pre- Post- Balance Modification Modification of Loans Number Recorded Recorded Number at the Time of Loans Balance Balance of Loans of Default Mortgages: 1-4 Family 1 $ 176 $ 176 — $ — Total 1 $ 176 $ 176 — $ — Combination of rate, maturity, other 1 $ 176 $ 176 — $ — Total 1 $ 176 $ 176 — $ —

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2017
Property Plant And Equipment [Abstract]
Summary of Premises and Equipment	A summary of premises and equipment at December 31, 2017 and 2016 is as follows: December 31, 2017 2016 Land $ 3,979 $ 3,979 Buildings and improvements 15,972 15,972 Leasehold improvements 20,973 19,280 Furniture, fixtures and equipment 4,875 3,799 45,799 43,030 Less accumulated depreciation and amortization (18,627 ) (17,002 ) $ 27,172 $ 26,028

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2017
Banking And Thrift [Abstract]
Summarized Deposits	Deposits at December 31, 2017 and 2016 are summarized as follows: December 31, 2017 2016 Demand $ 103,001 $ 78,792 Interest-bearing deposits: NOW/IOLA accounts 27,758 25,692 Money market accounts 46,497 42,788 Savings accounts 126,668 127,085 Total NOW, money market, and savings 200,923 195,565 Certificates of deposit of $250K or more 80,300 90,267 All other certificates of deposit 329,761 278,454 Total certificates of deposit 410,061 368,721 Total interest-bearing deposits 610,984 564,286 Total deposits $ 713,985 $ 643,078
Scheduled Maturities of Certificates of Deposit	At December 31, 2017, scheduled maturities of certificates of deposit were as follows: December 31, 2018 $ 161,098 2019 82,820 2020 52,173 2021 73,084 2022 40,886 $ 410,061

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Schedule of Borrowed Funds FHLB and Correspondent Bank Advances Maturity and Call Date	Borrowed funds at December 31, 2017 and 2016 consist of FHLB and correspondent bank advances and are summarized by maturity and call date below: December 31, December 31, 2017 2016 Scheduled Maturity Redeemable at Call Date Weighted Average Rate Scheduled Maturity Redeemable at Call Date Weighted Average Rate FHLB Overnight line of credit advance $ — $ — — % $ 3,000 $ 3,000 0.78 % Correspondent Bank Overnight line of credit advance 20,000 20,000 1.64 — — — FHLB Term advances ending December 31: 2020 1,400 1,400 2.11 — — — 2021 3,000 3,000 1.84 — — — 2022 5,000 5,000 1.97 — — — 2023 7,000 7,000 2.12 — — — $ 36,400 $ 36,400 1.81 % $ 3,000 $ 3,000 — %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The provision (benefit) for income taxes for the years ended December 31, 2017, 2016, and 2015 consists of the following: For the Years Ended December 31, 2017 2016 2015 Federal: Current $ 1,062 $ 642 $ 91 Deferred 24 387 1,090 1,086 1,029 1,181 State and local: Current 402 237 122 Deferred (1,670 ) (754 ) (722 ) (1,268 ) (517 ) (600 ) Changes in valuation allowance 1,606 493 734 Provision (benefit) for income taxes $ 1,424 $ 1,005 $ 1,315
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 2017, 2016, and 2015 to income before income taxes as a result of the following: For the Years Ended December 31, 2017 2016 2015 Income tax, at federal rate $ (1,007 ) $ 826 $ 1,303 State and local tax, net of federal taxes (1,340 ) (341 ) (395 ) Valuation allowance, net of the federal benefit 1,606 493 734 Expense (benefit) due to enactment of federal tax reform 2,113 — — Other 52 27 (327 ) $ 1,424 $ 1,005 $ 1,315
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 December 31, 2017 and 2016 are presented below: At December 31, 2017 2016 Deferred tax assets: Allowance for losses on loans $ 3,444 $ 4,352 Pension obligations 2,402 3,134 Interest on nonaccrual loans 415 525 Unrealized loss on available-for-sale securities 72 86 Amortization of intangible assets 120 219 Deferred rent payable 194 212 Net Operating Losses 2,444 1,340 Charitable contribution carryforward 1,840 — Other 162 20 Total gross deferred tax assets 11,093 9,888 Deferred tax liabilities: Cumulative contribution in excess of net periodic benefit costs, net 3,134 4,313 Depreciation and amortization of premises and equipment 601 426 Deferred loan fees 317 303 Other 18 17 Total gross deferred tax liabilities 4,070 5,059 Valuation allowance 3,114 1,450 Net deferred tax assets $ 3,909 $ 3,379
Schedule of Deferred Tax Expense (Benefit) Allocated Between Operations and Equity	The deferred tax expense (benefit) has been allocated between operations and equity as follows: For the Years Ended December 31, 2017 2016 2015 Equity $ 746 $ 260 $ 320 Operations (1,276 ) 126 1,086 $ (530 ) $ 386 $ 1,406

Compensation and Benefit Plans

Compensation and Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 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 consolidated statements of financial condition as of December 31, 2017 and 2016 using a measurement date as of December 31, 2017 and 2016, respectively: December 31, 2017 2016 Projected benefit obligation $ (15,883 ) $ (14,142 ) Fair value of plan assets 14,732 15,038 Funded status $ (1,151 ) $ 896 Accumulated benefit obligation $ (15,883 ) $ (14,142 ) December 31, 2017 2016 Changes in benefit obligation: Beginning of period $ 14,142 $ 14,903 Service cost 39 39 Interest cost 581 615 2017 interest rate change 1,338 — 2017 mortality change 1,906 — (Gain)/ Loss (1,345 ) (523 ) Administrative cost (39 ) (39 ) Benefits paid (739 ) (853 ) End of period $ 15,883 $ 14,142 December 31, 2017 2016 Changes in plan assets: Fair value of plan assets, beginning of year $ 15,038 $ 14,553 Actual return on plan assets 472 507 Employer contributions — 870 Plan participant contributions — — Benefits paid (739 ) (853 ) Administrative expenses paid (39 ) (39 ) Fair value of plan assets, end of year $ 14,732 $ 15,038
Benefit Costs Pretax Amounts Recognized in Accumulated Other Comprehensive Loss	Pretax 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 December 31, 2017 and 2016: December 31, 2017 2016 Net loss $ (11,224 ) $ (9,217 )
Components of Net Periodic Benefit Cost	The components of net periodic benefit cost are as follows for the years ended December 31, 2017, 2016, and 2015: For the Years Ended December 31, 2017 2016 2015 Service cost $ 39 $ 39 $ 35 Interest cost 581 615 584 Expected return on plan assets (839 ) (848 ) (818 ) Amortization of prior service cost 25 25 25 Amortization of (gain)/loss 234 248 238 Net periodic benefit cost $ 40 $ 79 $ 64
Weighted Average Assumptions Used to Determine Net Benefit Obligations	Weighted-average assumptions used to determine the net benefit obligations consisted of the following as of December 31, 2017 and 2016: December 31, 2017 2016 Discount rate 3.50% 4.25% Rate of compensation increase 0.00% 0.00%
Weighted Average Assumptions Used to Determine Net Benefit Cost	Weighted-average assumptions used to determine the net benefit cost consisted of the following for the years ended December 31, 2017 and 2016: December 31, 2017 2016 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 years ended December 31, 2017 and 2016 are as follows: December 31, 2017 2016 Employer contribution $ — $ 870 Benefits paid $ 739 $ 853
Expected Employee Benefit Payments	Employee benefit payments expected to be paid in the future are as follows: Year ending December 31, 2018 $ 735 2019 736 2020 714 2021 695 2022 700 Thereafter 3,307 $ 6,887
Schedule of Employee Stock Ownership Plan	Shares Amount Balance, beginning of year — $ — New shares purchased 723,751 7,238 Shares released to participants 48,250 483 Shares allocated to participants — — Balance, end of year 675,501 $ 6,755

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2017
Earnings Per Share [Abstract]
Schedule of Reconciliation of Number of Shares Used in Calculation of Basic and Diluted Earnings Per Common Share	The following table presents a reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share: For the Period September 29, through December 31,2017 Net Income (loss) for the period September 29 through December 31, 2017 $ (2,864 ) Shares Outstanding for basic EPS: Weighted Average shares outstanding: 18,463,028 Less: Weighted Average Unallocated Employee Stock Ownership Plan (ESOP) shares: 723,232 Basic weighted shares outstanding 17,739,796 Basic earnings per share (0.16 ) Dilutive potential common shares: — Diluted weighted average shares outstanding 17,739,796 Diluted earnings per share $ (0.16 )

Commitments, Contingencies an36

Commitments, Contingencies and Credit Risk (Tables)	12 Months Ended
	Dec. 31, 2017
Commitments And Contingencies Disclosure [Abstract]
Financial Instruments Whose Contractual Amounts Represent Credit Risk	Financial instruments whose contractual amounts represent credit risk at December 31, 2017 and December 31, 2016 are as follows: December 31, 2017 2016 Commitments to grant mortgage loans $ 54,423 $ 33,813 Unfunded commitments under lines of credit 33,641 27,404 Standby letters of credit 6,734 2,487 $ 94,798 $ 63,704
Projected Minimum Rental Payments under Terms of Leases	The projected minimum rental payments under the terms of the leases at December 31, 2017 is as follows: Year Ending December 31, 2018 $ 1,200 2019 1,170 2020 1,204 2021 1,240 2022 1,145 Thereafter 7,785 $ 13,744

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2017 and December 31, 2016, and indicate the level within the fair value hierarchy utilized to determine the fair value: December 31, 2017 Description Total Level 1 Level 2 Level 3 Available-for-Sale Securities: U.S. government and federal agencies $ 24,552 $ — $ 24,552 $ — Mortgage-Backed Securities: FNMA Certificates 1,103 — 1,103 — GNMA Certificates 3,242 — 3,242 — $ 28,897 $ — $ 28,897 $ — 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	Our assessment and classification of an investment within a level can change over time based upon maturity or liquidity of the investment and would be reflected at the beginning of the quarter in which the change occurred. The following tables detail the assets carried at fair value and measured at fair value on a nonrecurring basis as of December 31, 2017 and December 31, 2016 and indicate the fair value hierarchy utilized to determine the fair value: December 31, 2017 Total Level 1 Level 2 Level 3 Impaired loans $ 25,160 $ — $ — $ 25,160 Loans held for sale $ — $ — $ — $ — 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 the years ended December 31, 2017 Carrying Fair Value Measurements December 31, 2017 Amount Level 1 Level 2 Level 3 Total Financial assets: Cash and cash equivalents $ 59,724 $ 59,724 $ — $ — $ 59,724 Investment securities 28,897 — 28,897 — 28,897 Loans receivable, net 798,703 — — 813,160 813,160 Accrued interest receivable 3,335 — 3,335 — 3,335 FHLB stock 1,511 1,511 — — 1,511 Pension plan asset 14,735 — — 14,696 14,696 Financial liabilities: Deposits: Demand deposits 103,001 103,001 — — 103,001 Interest-bearing deposits 200,923 200,923 — — 200,923 Certificates of deposit 410,061 — 414,902 — 414,902 Advance payments by borrowers for taxes and insurance 5,025 — 5,025 — 5,025 Advances 36,400 36,400 — — 36,400 Accrued interest payable 42 — 42 — 42 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 — — 15,296 15,296 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 3,000 3,000 — — 3,000 Accrued interest payable 28 — 28 — 28

Regulatory Capital Requiremen38

Regulatory Capital Requirements (Tables)	12 Months Ended
	Dec. 31, 2017
Banking And Thrift [Abstract]
Summary of Bank's Actual Capital Amounts and Ratios As Compared to Regulatory Requirements	The Company's and the Bank’s actual capital amounts and ratios as of December 31, 2017 and December 31, 2016 as compared to regulatory requirements are as follows: Note 13. Regulatory Capital Requirements (Continued) To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio December 31, 2017 PDL Community Bancorp Total Capital to Risk-Weighted Assets $ 181,196 26.57 % $ 54,557 8.00 % $ 68,196 10.00 % Tier 1 Capital to Risk-Weighted Assets 172,603 25.31 % 40,917 6.00 % 54,557 8.00 % Common Equity Tier 1 Capital Ratio 172,603 25.31 % 30,688 4.50 % 44,327 6.50 % Tier 1 Capital to Total Assets 172,603 20.02 % 34,486 4.00 % 43,108 5.00 % Ponce Bank Total Capital to Risk-Weighted Assets $ 141,120 20.73 % $ 54,447 8.00 % $ 68,059 10.00 % Tier 1 Capital to Risk-Weighted Assets 132,577 19.48 % 40,835 6.00 % 54,447 8.00 % Common Equity Tier 1 Capital Ratio 132,577 19.48 % 30,626 4.50 % 44,238 6.50 % Tier 1 Capital to Total Assets 132,577 14.67 % 36,152 4.00 % 45,190 5.00 % December 31, 2016 Ponce Bank 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 Comprehensi39

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Components of Accumulated Other Comprehensive Income (Loss)	The components of accumulated other comprehensive income (loss) are as follows: December 31, 2017 December 31, 2016 Current Year Change December 31, 2017 Unrealized losses on securities available for sale, net $ (166 ) $ (55 ) $ (221 ) Unrealized losses on pension benefits, net (6,084 ) (1,546 ) (7,630 ) Total $ (6,250 ) $ (1,601 ) $ (7,851 ) 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 Par40

Transactions With Related Parties (Tables)	12 Months Ended
	Dec. 31, 2017
Receivables [Abstract]
Schedule of Aggregate Loan Transactions with Related Parties	Aggregate loan transactions with related parties for the years ended December 31, 2017, 2016, and 2015 were as follows: For the Years Ended December 31, 2017 2016 2015 Beginning balance $ 1,573 $ 1,728 $ 397 Originations — — 1,494 Payments (222 ) (155 ) (163 ) Ending balance $ 1,351 $ 1,573 $ 1,728

Parent Company Only Financial41

Parent Company Only Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2017
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Schedule of Consolidated Statements of Financial Condition	The following are the financial statements of the Parent as of and for the year ended December 31, 2017. The Parent was established as of September 29, 2017, therefore prior period financial information is not available. ASSETS December 31, 2017 Cash and cash equivalents $ 32,060 Investment in Ponce Bank 39,272 Loan receivable - ESOP 6,712 Other assets 1,349 Total assets $ 79,393 LIABILITIES AND STOCKHOLDERS' EQUITY Other liabilities and accrued expenses 62 Stockholders' Equity 79,331 Total liabilities and stockholders' equity $ 79,393
Schedule of Consolidated Statements of Income (Loss)	For the Year Ended December 31, 2017 Interest on ESOP loan $ 53 Contribution to Ponce De Leon Foundation 6,293 Income before income tax (benefit) (6,240 ) Income tax (benefit) (1,287 ) Equity in undistributed earnings of Ponce Bank 1,523 Net income (loss) $ (3,430 ) Note 16. Parent Company Only Financial Statements (Continued)
Schedule of Consolidated Statements of Cash Flows	For the Year Ended December 31, 2017 Cash Flows from Operating Activities: Net income (loss) $ (3,430 ) Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: Equity in undistributed earnings of subsidiaries (1,523 ) Contribution to Ponce De Leon Foundation 6,093 Deferred tax expense (1,261 ) Net decrease (increase) in accrued interest receivable — Increase in other assets (88 ) Net increase in other liabilities 62 Net cash used in operating activities (147 ) Cash Flows from Investing Activities: Investment in Ponce Bank (39,272 ) Repayment of ESOP Loan 526 Net cash used in investing activities (38,746 ) Cash Flows from Financing Activities: Issuance of common stock 78,191 Purchase of shares by ESOP (7,238 ) Net cash provided by financing activities 70,953 Net increase in cash and cash equivalents 32,060 Cash and cash equivalents at beginning of year — Cash and cash equivalents at end of year $ 32,060

Quarterly Financial Informati42

Quarterly Financial Information (unaudited) (Tables)	12 Months Ended
	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information	In thousands of dollars except per share amounts 2017 2016 Fourth Third Second First Fourth Third Second First Net interest income $ 8,477 $ 8,348 $ 8,083 $ 7,298 $ 7,016 $ 6,879 $ 6,742 $ 7,168 Provision for loan losses 1,219 238 207 52 139 115 235 (546 ) Net interest income after provision for loan losses 7,258 8,110 7,876 7,246 6,877 6,764 6,507 7,714 Non-interest income 694 768 884 758 582 637 671 541 Non-interest expense 8,736 13,730 6,995 7,096 7,061 6,880 6,965 6,957 Income (loss) before taxes (784 ) (4,852 ) 1,765 908 398 521 213 1,298 Income tax expense 2,081 (1,643 ) 641 345 159 239 117 490 Net Income (Loss) $ (2,865 ) $ (3,209 ) $ 1,124 $ 563 $ 239 $ 282 $ 96 $ 808 Basic earnings per share $ (0.16 ) N/A N/A N/A N/A N/A N/A N/A Diluted earnings per share $ (0.16 ) N/A N/A N/A N/A N/A N/A N/A Weighted average common shares (basic and diluted) 17,739,796 N/A N/A N/A N/A N/A N/A N/A

Nature of Business and Summar43

Nature of Business and Summary of Significant Accounting Policies - Additional Information (Details) $ / shares in Units, $ in Thousands	Sep. 29, 2017$ / sharesshares	Dec. 31, 2017USD ($)BranchOfficeSegmentshares	Dec. 31, 2016USD ($)
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Shares purchased under employee stock ownership plan		723,751
Common stock, shares, outstanding		18,463,028
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		36 months
Percentage of largest amount of tax benefits likely to realize		50.00%
Liabilities recorded for uncertainty tax position | $		$ 0	$ 0
Number of reportable operating segment | Segment		1
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
Common Stock
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Number of shares sold	8,308,362
Common stock price, per share | $ / shares	$ 10
Shares purchased under employee stock ownership plan	723,751
Common stock, shares, outstanding	18,463,028
Stock offering costs | $		$ 4,988
Common Stock | Ponce Bank Mutual Holding Company
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Number of shares sold	9,545,387	9,545,387
Common Stock | Ponce De Leon Foundation
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Number of shares sold	609,279

Nature of Business and Summar44

Nature of Business and Summary of Significant Accounting Policies - Estimated Useful Lives of Assets (Details)	12 Months Ended
	Dec. 31, 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 45

Restrictions on Cash and Due From Banks - Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Cash And Cash Equivalents [Abstract]
Restricted cash	$ 24,334	$ 4,516
Required reserve balances in cash or on deposit with the Federal Reserve Bank	$ 23,870	$ 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	Dec. 31, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	$ 29,234	$ 52,942
Gross Unrealized Gains	38	132
Gross Unrealized Losses	(375)	(384)
Fair Value	28,897	52,690
U.S. Government and Federal Agencies
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	24,911	41,906
Gross Unrealized Losses	(359)	(347)
Fair Value	24,552	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	1,118	3,600
Gross Unrealized Gains		11
Gross Unrealized Losses	(15)	(5)
Fair Value	1,103	3,606
GNMA Certificates
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	3,205	6,744
Gross Unrealized Gains	38	97
Gross Unrealized Losses	(1)	(32)
Fair Value	$ 3,242	$ 6,809

Available-for-Sale Securities47

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

Available-for-Sale Securities48

Available-for-Sale Securities - Company'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	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Securities With Gross Unrealized Losses Less Than 12 Months, Fair Value	$ 2,299	$ 47,693
Securities With Gross Unrealized Losses Less Than 12 Months, Unrealized Loss	(16)	(384)
Securities With Gross Unrealized Losses 12 Months or More, Fair Value	24,552
Securities With Gross Unrealized Losses 12 Months or More, Unrealized Loss	(359)
Securities With Gross Unrealized Losses, Total Fair Value	26,851	47,693
Securities With Gross Unrealized Losses, Total Unrealized Loss	(375)	(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		41,559
Securities With Gross Unrealized Losses Less Than 12 Months, Unrealized Loss		(347)
Securities With Gross Unrealized Losses 12 Months or More, Fair Value	24,552
Securities With Gross Unrealized Losses 12 Months or More, Unrealized Loss	(359)
Securities With Gross Unrealized Losses, Total Fair Value	24,552	41,559
Securities With Gross Unrealized Losses, Total Unrealized Loss	(359)	(347)
FNMA Certificates
Schedule Of Available For Sale Securities [Line Items]
Securities With Gross Unrealized Losses Less Than 12 Months, Fair Value	1,094	3,489
Securities With Gross Unrealized Losses Less Than 12 Months, Unrealized Loss	(15)	(5)
Securities With Gross Unrealized Losses, Total Fair Value	1,094	3,489
Securities With Gross Unrealized Losses, Total Unrealized Loss	(15)	(5)
GNMA Certificates
Schedule Of Available For Sale Securities [Line Items]
Securities With Gross Unrealized Losses Less Than 12 Months, Fair Value	1,205	2,645
Securities With Gross Unrealized Losses Less Than 12 Months, Unrealized Loss	(1)	(32)
Securities With Gross Unrealized Losses, Total Fair Value	1,205	2,645
Securities With Gross Unrealized Losses, Total Unrealized Loss	$ (1)	$ (32)

Available-for-Sale Securities49

Available-for-Sale Securities - Summary of Maturities of Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Available-for-Sale Securities, Amortized Cost	$ 29,234	$ 52,942
Available-for-Sale Securities, Fair Value	28,897	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	1,990	2,000
Available-for-Sale Securities After one year through five years, Amortized Cost	22,921	39,906
Available-for-Sale Securities, Amortized Cost	24,911	41,906
Available-for-Sale Securities After three months through one year, Fair Value	1,977	1,998
Available-for-Sale Securities After one year through five years, Fair Value	22,575	39,561
Available-for-Sale Securities, Fair Value	24,552	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	4,323	10,536
Available-for-Sale Securities, Fair Value	$ 4,345	$ 10,631

Summary of Loans (Details)

Summary of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 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	$ 808,754	$ 651,642
Net deferred loan origination costs	1,020	711
Allowance for losses on loans	(11,071)	(10,205)
Loans, net	798,703	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	12,873	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	886	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	67,240	30,340
1-4 Family Residential Investor Owned
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	287,158	227,409
1-4 Family Residential Owner-Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	100,854	97,631
Multifamily Residential
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	188,550	158,200
Nonresidential Properties
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	$ 151,193	$ 121,500

Loans Receivable and Allowanc51

Loans Receivable and Allowance for Loan Losses - Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)Loan	Dec. 31, 2016USD ($)Loan	Dec. 31, 2015USD ($)
Accounts Notes And Loans Receivable [Line Items]
Restructured loans | Loan	1	0
Outstanding TDR loans that had a payment default within 12 months following its modification | Loan	0	0
Number of troubled debt restructured loans, included in impaired loans | Loan	49	58
Impaired loans	$ 25,160	$ 26,075	$ 29,394
Impairment reserves	922	1,373	$ 1,446
Troubled Debt Restructured Loans
Accounts Notes And Loans Receivable [Line Items]
Impaired loans	18,371	21,021
Impairment reserves	$ 921	$ 1,373
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	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	$ 808,754	$ 651,642
1-4 Family
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	388,012	325,040
Multifamily
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	188,550	158,200
Nonresidential
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	151,193	121,500
Construction and Land
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	67,240	30,340
Business
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	12,873	15,719
Consumer
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	886	843
Pass
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	780,438	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	370,629	313,345
Pass | Multifamily
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	188,030	158,200
Pass | Nonresidential
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	148,253	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	59,914	24,316
Pass | Business
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	12,726	15,697
Pass | Consumer
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	886	843
Special Mention
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	5,317	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	4,667	2,549
Special Mention | Construction and Land
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	650
Substandard
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	22,999	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	12,716	9,146
Substandard | Multifamily
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	520
Substandard | Nonresidential
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	2,940	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	6,676	6,024
Substandard | Business
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	$ 147	$ 22

Aging Analysis of Loans (Detail

Aging Analysis of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment Past Due [Line Items]
Current	$ 800,876	$ 640,847
Total Past Due	808,754	651,642
Nonaccrual Loans	11,408	7,722
Over 90 days Accruing	7
Business
Financing Receivable Recorded Investment Past Due [Line Items]
Current	12,583	15,672
Total Past Due	12,873	15,719
Nonaccrual Loans	147	22
Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Current	886	843
Total Past Due	886	843
Construction and Land
Financing Receivable Recorded Investment Past Due [Line Items]
Current	67,240	30,340
Total Past Due	67,240	30,340
Nonaccrual Loans	1,075	1,145
Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	2,082	6,163
Financing Receivables, 30 to 59 Days Past Due | Business
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	239	25
Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		557
Financing Receivables, Over 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	5,796	4,075
Financing Receivables, Over 90 Days Past Due | Business
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	51	22
1-4 Family Investor Owned
Financing Receivable Recorded Investment Past Due [Line Items]
Current	285,485	224,368
Total Past Due	287,158	227,409
Nonaccrual Loans	2,178	2,049
Over 90 days Accruing	7
1-4 Family Investor Owned | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,201	2,716
1-4 Family Investor Owned | Financing Receivables, Over 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	472	325
1-4 Family Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Current	96,878	92,778
Total Past Due	100,854	97,631
Nonaccrual Loans	5,317	2,109
1-4 Family Owner Occupied | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	585	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		557
1-4 Family Owner Occupied | Financing Receivables, Over 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	3,391	1,734
Multifamily
Financing Receivable Recorded Investment Past Due [Line Items]
Current	188,504	157,381
Total Past Due	188,550	158,200
Nonaccrual Loans	521
Multifamily | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	46	819
Nonresidential
Financing Receivable Recorded Investment Past Due [Line Items]
Current	149,300	119,465
Total Past Due	151,193	121,500
Nonaccrual Loans	2,170	2,397
Nonresidential | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	11	41
Nonresidential | Financing Receivables, Over 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 1,882	$ 1,994

Composition of Allowance for Lo

Composition of Allowance for Loan Losses and Related Investment in Loans (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period				$ 10,205				$ 9,484	$ 10,205	$ 9,484	$ 9,449
Provision charged to expense	$ 1,219	$ 238	$ 207	52	$ 139	$ 115	$ 235	(546)	1,716	(57)	353
Losses charged-off									(1,429)	(139)	(643)
Recoveries									579	917	325
Balance, end of period	11,071				10,205				11,071	10,205	9,484
Ending balance: individually evaluated for impairment	922				1,373				922	1,373	1,446
Ending balance: collectively evaluated for impairment	10,149				8,832				10,149	8,832	8,038
Ending balance: individually evaluated for impairment	25,160				26,075				25,160	26,075	29,394
Ending balance: collectively evaluated for impairment	783,594				625,567				783,594	625,567	548,062
Total	808,754				651,642				808,754	651,642	577,456
1-4 Family Investor Owned
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period				3,147				2,842	3,147	2,842	2,727
Provision charged to expense									544	325	204
Losses charged-off										(38)	(142)
Recoveries									25	18	53
Balance, end of period	3,716				3,147				3,716	3,147	2,842
Ending balance: individually evaluated for impairment	506				383				506	383	386
Ending balance: collectively evaluated for impairment	3,210				2,764				3,210	2,764	2,456
Ending balance: individually evaluated for impairment	8,738				8,471				8,738	8,471	10,797
Ending balance: collectively evaluated for impairment	278,420				218,938				278,420	218,938	193,134
Total	287,158				227,409				287,158	227,409	203,931
1-4 Family Owner Occupied
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period				1,804				2,127	1,804	2,127	2,277
Provision charged to expense									(578)	(465)	(20)
Losses charged-off											(140)
Recoveries									176	142	10
Balance, end of period	1,402				1,804				1,402	1,804	2,127
Ending balance: individually evaluated for impairment	375				719				375	719	782
Ending balance: collectively evaluated for impairment	1,027				1,085				1,027	1,085	1,345
Ending balance: individually evaluated for impairment	10,074				9,385				10,074	9,385	10,463
Ending balance: collectively evaluated for impairment	90,780				88,246				90,780	88,246	95,743
Total	100,854				97,631				100,854	97,631	106,206
Multifamily
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period				2,705				1,994	2,705	1,994	1,669
Provision charged to expense									402	713	582
Losses charged-off										(3)	(257)
Recoveries									2	1
Balance, end of period	3,109				2,705				3,109	2,705	1,994
Ending balance: collectively evaluated for impairment	3,109				2,705				3,109	2,705	1,994
Ending balance: individually evaluated for impairment	520								520
Ending balance: collectively evaluated for impairment	188,030				158,200				188,030	158,200	122,836
Total	188,550				158,200				188,550	158,200	122,836
Nonresidential
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period				1,320				1,298	1,320	1,298	1,529
Provision charged to expense									95	13	(243)
Losses charged-off											(19)
Recoveries									9	9	31
Balance, end of period	1,424				1,320				1,424	1,320	1,298
Ending balance: individually evaluated for impairment	39				261				39	261	277
Ending balance: collectively evaluated for impairment	1,385				1,059				1,385	1,059	1,021
Ending balance: individually evaluated for impairment	4,128				6,459				4,128	6,459	6,671
Ending balance: collectively evaluated for impairment	147,065				115,041				147,065	115,041	99,791
Total	151,193				121,500				151,193	121,500	106,462
Construction and Land
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period				615				502	615	502	504
Provision charged to expense									588	193	75
Losses charged-off										(85)	(77)
Recoveries									2	5
Balance, end of period	1,205				615				1,205	615	502
Ending balance: collectively evaluated for impairment	1,205				615				1,205	615	502
Ending balance: individually evaluated for impairment	1,075				1,145				1,075	1,145	637
Ending balance: collectively evaluated for impairment	66,165				29,195				66,165	29,195	22,246
Total	67,240				30,340				67,240	30,340	22,883
Business
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period				597				709	597	709	732
Provision charged to expense									676	(845)	(247)
Losses charged-off									(1,423)
Recoveries									359	733	224
Balance, end of period	209				597				209	597	709
Ending balance: individually evaluated for impairment	2				10				2	10	1
Ending balance: collectively evaluated for impairment	207				587				207	587	708
Ending balance: individually evaluated for impairment	625				615				625	615	826
Ending balance: collectively evaluated for impairment	12,248				15,104				12,248	15,104	13,524
Total	12,873				15,719				12,873	15,719	14,350
Consumer
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period				$ 17				$ 12	17	12	11
Provision charged to expense									(11)	9	2
Losses charged-off									(6)	(13)	(8)
Recoveries									6	9	7
Balance, end of period	6				17				6	17	12
Ending balance: collectively evaluated for impairment	6				17				6	17	12
Ending balance: collectively evaluated for impairment	886				843				886	843	788
Total	$ 886				$ 843				$ 886	$ 843	$ 788

Information Relates to Impaired

Information Relates to Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	$ 27,198	$ 28,376	$ 31,877
Recorded Investment With No Allowance	16,408	13,154	16,445
Recorded Investment With Allowance	8,752	12,921	12,949
Total Recorded Investment	25,160	26,075	29,394
Related Allowance	922	1,373	1,447
Average Recorded Investment	25,545	28,641	34,862
Interest Income Recognized on Cash Basis	1,080	981	1,389
Business
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	667	672	891
Recorded Investment With No Allowance	529	605	755
Recorded Investment With Allowance	96	10	71
Total Recorded Investment	625	615	826
Related Allowance	2	10	1
Average Recorded Investment	594	748	993
Interest Income Recognized on Cash Basis	24	24	44
Consumer
Financing Receivable Impaired [Line Items]
Average Recorded Investment			2
Interest Income Recognized on Cash Basis			3
Construction and Land
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	1,233	1,241	662
Recorded Investment With No Allowance	1,075	1,145	637
Total Recorded Investment	1,075	1,145	637
Related Allowance	39
Average Recorded Investment	1,042	912	931
Interest Income Recognized on Cash Basis			45
1-4 Family
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	20,036	19,367	23,060
Recorded Investment With No Allowance	10,651	7,507	11,025
Recorded Investment With Allowance	8,161	10,349	10,235
Total Recorded Investment	18,812	17,856	21,260
Related Allowance	506	1,102	1,169
Average Recorded Investment	18,512	20,131	24,797
Interest Income Recognized on Cash Basis	890	722	993
Multifamily
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	533
Recorded Investment With No Allowance	520
Total Recorded Investment	520
Related Allowance	375
Average Recorded Investment	166	309	1,544
Interest Income Recognized on Cash Basis			2
Nonresidential Properties
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	4,729	7,096	7,264
Recorded Investment With No Allowance	3,633	3,897	4,028
Recorded Investment With Allowance	495	2,562	2,643
Total Recorded Investment	4,128	6,459	6,671
Related Allowance		261	277
Average Recorded Investment	5,231	6,541	6,595
Interest Income Recognized on Cash Basis	$ 166	$ 235	$ 302

Schedule of Troubled Debt Restr

Schedule of Troubled Debt Restructuring (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)Loan	Dec. 31, 2016Loan
Financing Receivable Modifications [Line Items]
Loans Restructured, Number of Loans | Loan	1	0
Loans Restructured, Pre-Modification Recorded Balance	$ 176
Loans Restructured, Post-Modification Recorded Balance	$ 176
All TDRs with a payment default within 12 months following modification, Number of Loans | Loan	0	0
Mortgage Loans
Financing Receivable Modifications [Line Items]
Loans Restructured, Number of Loans | Loan	1
Loans Restructured, Pre-Modification Recorded Balance	$ 176
Loans Restructured, Post-Modification Recorded Balance	$ 176
Mortgage Loans | 1-4 Family
Financing Receivable Modifications [Line Items]
Loans Restructured, Number of Loans | Loan	1
Loans Restructured, Pre-Modification Recorded Balance	$ 176
Loans Restructured, Post-Modification Recorded Balance	$ 176
Combination of Rate, Maturity, Other
Financing Receivable Modifications [Line Items]
Loans Restructured, Number of Loans | Loan	1
Loans Restructured, Pre-Modification Recorded Balance	$ 176
Loans Restructured, Post-Modification Recorded Balance	$ 176

Summary of Premises and Equipme

Summary of Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 45,799	$ 43,030
Less accumulated depreciation and amortization	(18,627)	(17,002)
Property, plant and equipment, net	27,172	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	20,973	19,280
Furniture, Fixtures and Equipment
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 4,875	$ 3,799

Premises and Equipment - Additi

Premises and Equipment - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Property Plant And Equipment [Abstract]
Depreciation and amortization	$ 1,625	$ 1,679	$ 1,817

Deposits - Summarized Deposits

Deposits - Summarized Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Banking And Thrift [Abstract]
Demand	$ 103,001	$ 78,792
NOW/IOLA accounts	27,758	25,692
Money market accounts	46,497	42,788
Savings accounts	126,668	127,085
Total NOW, money market, and savings	200,923	195,565
Certificates of deposit of $250K or more	80,300	90,267
All other certificates of deposit	329,761	278,454
Total certificates of deposit	410,061	368,721
Total interest-bearing deposits	610,984	564,286
Total deposits	$ 713,985	$ 643,078

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities of Certificates of Deposit (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Banking And Thrift [Abstract]
2,018	$ 161,098
2,019	82,820
2,020	52,173
2,021	73,084
2,022	40,886
Total certificates of deposit	$ 410,061	$ 368,721

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Banking And Thrift [Abstract]
Overdrawn deposit reclassified to loans amounted	$ 174	$ 149

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
Advance from the Federal Home Loan Bank	$ 16,400	$ 3,000
Guarantee from the FHLB through a standby letter of credit	6,614	3,583
Unsecured fed fund line amount	22,000
Unsecured fed fund line amount outstanding	20,000
Interest expense on FHLB advances	210	8	$ 44
Collateral mortgage loans available to secure advances from the FHLB	66,254	164,843
Bank's ability to borrow under repurchase agreements	25,000	25,000
Securities sold under repurchase agreements	0	0
Interest expense on securities sold under repurchase agreements	$ 0	$ 0	$ 0

Borrowings - Schedule of Borrow

Borrowings - Schedule of Borrowed Funds FHLB and Correspondent Bank Advances Maturity and Call Date (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Line Of Credit Facility [Line Items]
FHLB Overnight line of credit advance		$ 3,000
2,020	$ 1,400
2,021	3,000
2,022	5,000
2,023	7,000
Total	36,400	3,000
FHLB Overnight line of credit advance		3,000
2,020	1,400
2,021	3,000
2,022	5,000
2,023	7,000
Total	$ 36,400	$ 3,000
FHLB Overnight line of credit advance		0.78%
2,020	2.11%
2,021	1.84%
2,022	1.97%
2,023	2.12%
Total	1.81%
Correspondent Bank
Line Of Credit Facility [Line Items]
Correspondent Bank Overnight line of credit advance	$ 20,000
Correspondent Bank Overnight line of credit advance	$ 20,000
Correspondent Bank Overnight line of credit advance	1.64%

Income Taxes - Components of In

Income Taxes - Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Federal:
Current									$ 1,062	$ 642	$ 91
Deferred									24	387	1,090
Federal income tax provision (benefit)									1,086	1,029	1,181
State and local:
Current									402	237	122
Deferred									(1,670)	(754)	(722)
State and local income tax provision (benefit)									(1,268)	(517)	(600)
Changes in valuation allowance									1,606	493	734
Provision (benefit) for income taxes	$ 2,081	$ (1,643)	$ 641	$ 345	$ 159	$ 239	$ 117	$ 490	$ 1,424	$ 1,005	$ 1,315

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Taxes [Line Items]
Federal income tax rate		34.00%	34.00%	34.00%
Income tax expense due to enactment of statutory tax rate		$ 2,113,000
Maximum measurement period to finalize accounting of tax		1 year
Maximum limit on deduction for certain employees compensation under Internal Revenue Code Section 162(m)		$ 1,000,000
NEW YORK
Income Taxes [Line Items]
Unrecognized tax benefits		$ 0	$ 0
Scenario Forecast
Income Taxes [Line Items]
Federal income tax rate	21.00%

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								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Tax Expense Benefit Continuing Operations Income Tax Reconciliation [Abstract]
Income tax, at federal rate									$ (1,007)	$ 826	$ 1,303
State and local tax, net of federal taxes									(1,340)	(341)	(395)
Valuation allowance, net of the federal benefit									1,606	493	734
Expense (benefit) due to enactment of federal tax reform									2,113
Other									52	27	(327)
Provision (benefit) for income taxes	$ 2,081	$ (1,643)	$ 641	$ 345	$ 159	$ 239	$ 117	$ 490	$ 1,424	$ 1,005	$ 1,315

Income Taxes - Significant Defe

Income Taxes - Significant Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Deferred tax assets:
Allowance for losses on loans	$ 3,444	$ 4,352
Pension obligations	2,402	3,134
Interest on nonaccrual loans	415	525
Unrealized loss on available-for-sale securities	72	86
Amortization of intangible assets	120	219
Deferred rent payable	194	212
Net Operating Losses	2,444	1,340
Charitable contribution carryforward	1,840
Other	162	20
Total gross deferred tax assets	11,093	9,888
Deferred tax liabilities:
Cumulative contribution in excess of net periodic benefit costs, net	3,134	4,313
Depreciation and amortization of premises and equipment	601	426
Deferred loan fees	317	303
Other	18	17
Total gross deferred tax liabilities	4,070	5,059
Valuation allowance	3,114	1,450
Net deferred tax assets	$ 3,909	$ 3,379

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Expense (Benefit) Allocated Between Operations and Equity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Deferred Income Tax Expense Benefit Continuing Operations [Abstract]
Equity	$ 746	$ 260	$ 320
Operations	(1,276)	126	1,086
Deferred tax expense (benefit) from operations and equity	$ (530)	$ 386	$ 1,406

Compensation and Benefit Plan69

Compensation and Benefit Plans - Summary Of Pension Plan Funded Status and Amounts Recognized in Financial Condition Statements (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2017	Dec. 31, 2016
Defined Benefit Pension Plans And Defined Benefit Postretirement Plans Disclosure [Abstract]
Projected benefit obligation	$ (15,883)	$ (14,142)	$ (14,903)	$ (15,883)	$ (14,142)
Fair value of plan assets	14,732	15,038	14,553	14,732	15,038
Funded status				(1,151)	896
Accumulated benefit obligation				$ (15,883)	$ (14,142)
Changes in benefit obligation:
Beginning of period	14,142	14,903
Service cost	39	39	35
Interest cost	581	615	584
2017 interest rate change	1,338
2017 mortality change	1,906
(Gain)/ Loss	(1,345)	(523)
Administrative cost	(39)	(39)
Benefits paid	(739)	(853)
End of period	15,883	14,142	14,903
Changes in plan assets:
Fair value of plan assets, beginning of year	15,038	14,553
Actual return on plan assets	472	507
Employer contributions		870
Benefits paid	(739)	(853)
Administrative expenses paid	(39)	(39)
Fair value of plan assets, end of year	$ 14,732	$ 15,038	$ 14,553

Compensation and Benefit Plan70

Compensation and Benefit Plans - Benefit Costs Pretax Amounts Recognized in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Defined Benefit Plan Accumulated Other Comprehensive Income Loss After Tax [Abstract]
Net loss	$ (11,224)	$ (9,217)

Compensation and Benefit Plan71

Compensation and Benefit Plans - Components of Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Amount Recognized In Net Periodic Benefit Cost And Other Comprehensive Income Loss Before Tax [Abstract]
Service cost	$ 39	$ 39	$ 35
Interest cost	581	615	584
Expected return on plan assets	(839)	(848)	(818)
Amortization of prior service cost	25	25	25
Amortization of (gain)/loss	234	248	238
Net periodic benefit cost	$ 40	$ 79	$ 64

Compensation and Benefit Plan72

Compensation and Benefit Plans - Weighted Average Assumptions Used to Determine Net Benefit Obligations (Detail)	Dec. 31, 2017	Dec. 31, 2016
Defined Benefit Plan Weighted Average Assumptions Used In Calculating Benefit Obligation [Abstract]
Discount rate	3.50%	4.25%
Rate of compensation increase	0.00%	0.00%

Compensation and Benefit Plan73

Compensation and Benefit Plans - Weighted Average Assumptions Used to Determine Net Benefit Cost (Detail)	12 Months Ended
	Dec. 31, 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%

Compensation and Benefit Plan74

Compensation and Benefit Plans - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Compensation And Benefit Plans Disclosure [Line Items]
Fair value of plan assets	$ 14,732	$ 15,038	$ 14,553
Employer contributions to 401(k) plan	$ 317	339
Maximum employer matching contribution percentage	4.00%
Number of ESOP shares purchased	723,751
Loan receivable - ESOP	$ 6,712
ESOP compensation expense after tax	526
Interest on ESOP loan	52
Employee Stock Ownership Plan
Compensation And Benefit Plans Disclosure [Line Items]
ESOP borrowed amount	$ 7,238
Number of ESOP shares purchased	723,751
ESOP shares purchased expressed as percentage of common stock sold in stock offering	3.92%
Expected period of loan repaid	15 years
Fair Value Measurements
Compensation And Benefit Plans Disclosure [Line Items]
Fair value of plan assets	$ 14,696	$ 15,296

Compensation and Benefit Plan75

Compensation and Benefit Plans - Employer Contributions and Benefit Payments (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Defined Benefit Pension Plans And Defined Benefit Postretirement Plans Disclosure [Abstract]
Employer contribution		$ 870
Benefits paid	$ 739	$ 853

Compensation and Benefit Plan76

Compensation and Benefit Plans - Expected Employee Benefit Payments (Detail) $ in Thousands	Dec. 31, 2017USD ($)
Defined Benefit Plan Estimated Future Benefit Payments [Abstract]
2,018	$ 735
2,019	736
2,020	714
2,021	695
2,022	700
Thereafter	3,307
Total expected employee benefit payments	$ 6,887

Compensation and Benefit Plan77

Compensation and Benefit Plans - Schedule of Employee Stock Ownership Plan (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)shares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Number of ESOP shares purchased | shares	723,751
Shares released to participants (in shares) | shares	48,250
Balance at end of year (in shares) | shares	675,501
New shares purchased (in amount) | $	$ 7,238
Shares released to participants (in amount) | $	483
Balance at end of year (in amount) | $	$ 6,755

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Reconciliation of Number of Shares Used in Calculation of Basic and Diluted Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended									12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Earnings Per Share [Abstract]
Net income (loss)	$ (2,864)	$ (2,865)	$ (3,209)	$ 1,124	$ 563	$ 239	$ 282	$ 96	$ 808	$ (4,387)	$ 1,425	$ 2,518
Shares Outstanding for basic EPS:
Weighted Average shares outstanding:	18,463,028
Less: Weighted Average Unallocated Employee Stock Ownership Plan (ESOP) shares:	723,232
Basic weighted shares outstanding	17,739,796
Basic earnings per share	$ (0.16)	$ (0.16)								$ (0.16)
Dilutive potential common shares:
Diluted weighted average shares outstanding	17,739,796
Diluted earnings per share	$ (0.16)	$ (0.16)								$ (0.16)

Commitments, Contingencies an79

Commitments, Contingencies and Credit Risk - Financial Instruments Whose Contractual Amounts Represent Credit Risk (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Fair Value Concentration Of Risk Financial Statement Captions [Line Items]
Contractual amounts represent credit risk	$ 94,798	$ 63,704
Commitments to Grant Mortgage Loans
Fair Value Concentration Of Risk Financial Statement Captions [Line Items]
Contractual amounts represent credit risk	54,423	33,813
Unfunded Commitments Under Lines of Credit
Fair Value Concentration Of Risk Financial Statement Captions [Line Items]
Contractual amounts represent credit risk	33,641	27,404
Standby Letters of Credit
Fair Value Concentration Of Risk Financial Statement Captions [Line Items]
Contractual amounts represent credit risk	$ 6,734	$ 2,487

Commitments, Contingencies an80

Commitments, Contingencies and Credit Risk - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Commitments And Contingencies Disclosure [Abstract]
Lease expiration year	2,033
Net rental expenses under operating leases	$ 1,488	$ 1,393	$ 1,334

Commitments, Contingencies an81

Commitments, Contingencies and Credit Risk - Projected Minimum Rental Payments under Terms of Leases (Details) $ in Thousands	Dec. 31, 2017USD ($)
Operating Leases Future Minimum Payments Due [Abstract]
Projected minimum rental payments, due next twelve months	$ 1,200
Projected minimum rental payments, due in two years	1,170
Projected minimum rental payments, due in three years	1,204
Projected minimum rental payments, due in four years	1,240
Projected minimum rental payments, due in five years	1,145
Projected minimum rental payments, due thereafter	7,785
Projected minimum rental payments	$ 13,744

Fair Value - Assets Measured at

Fair Value - Assets Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 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	$ 28,897	$ 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	24,552	41,559
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	1,103	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	3,242	6,809
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
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
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	28,897	52,690
Level 2 | 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	24,552	41,559
Level 2 | 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	1,103	3,606
Level 2 | 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	$ 3,242	6,809
Level 2 | 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
Level 2 | 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

Fair Value - Assets Measured 83

Fair Value - Assets Measured at Fair Value on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 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	$ 25,160	$ 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
Level 2 | 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
Level 3 | Impaired Loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on nonrecurring basis	$ 25,160	$ 26,075

Fair Value - Estimated Fair Val

Fair Value - Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Loans held for sale		$ 2,143
Pension plan asset	$ 14,732	15,038	$ 14,553
Carrying Amount
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	59,724	11,716
Investment securities	28,897	52,690
Loans held for sale		2,143
Loans receivable, net	798,703	642,148
Accrued interest receivable	3,335	2,707
FHLB stock	1,511	964
Pension plan asset	14,735	15,038
Demand deposits	103,001	78,792
Interest-bearing deposits	200,923	195,565
Certificates of deposit	410,061	368,721
Advance payments by borrowers for taxes and insurance	5,025	3,882
Advances	36,400	3,000
Accrued interest payable	42	28
Fair Value Measurements
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	59,724	11,716
Investment securities	28,897	52,690
Loans held for sale		2,143
Loans receivable, net	813,160	660,706
Accrued interest receivable	3,335	2,707
FHLB stock	1,511	964
Pension plan asset	14,696	15,296
Demand deposits	103,001	78,792
Interest-bearing deposits	200,923	195,565
Certificates of deposit	414,902	368,721
Advance payments by borrowers for taxes and insurance	5,025	3,882
Advances	36,400	3,000
Accrued interest payable	42	28
Fair Value Measurements | Level 1
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	59,724	11,716
FHLB stock	1,511	964
Demand deposits	103,001	78,792
Interest-bearing deposits	200,923	195,565
Advances	36,400	3,000
Fair Value Measurements | Level 2
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investment securities	28,897	52,690
Loans held for sale		2,143
Accrued interest receivable	3,335	2,707
Certificates of deposit	414,902	368,721
Advance payments by borrowers for taxes and insurance	5,025	3,882
Accrued interest payable	42	28
Fair Value Measurements | Level 3
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Loans receivable, net	813,160	660,706
Pension plan asset	$ 14,696	$ 15,296

Regulatory Capital Requiremen85

Regulatory Capital Requirements - Additional Information (Details)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2015	Dec. 31, 2017	Dec. 31, 2016
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Percentage of capital buffer			12.70%	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 Requiremen86

Regulatory Capital Requirements - Summary of Actual Capital Amounts and Ratios As Compared to Regulatory Requirements (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
PDL Community Bancorp
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, Actual Amount	$ 181,196
Tier 1 Capital to Risk-Weighted Assets, Actual Amount	172,603
Common Equity Tier 1 Capital Ratio, Actual Amount	172,603
Tier 1 Capital to Total Assets, Actual Amount	$ 172,603
Total Capital to Risk-Weighted Assets, Actual Ratio	26.57%
Tier 1 Capital to Risk-Weighted Assets, Actual Ratio	25.31%
Common Equity Tier 1 Capital Ratio, Actual Ratio	25.31%
Tier 1 Capital to Total Assets, Actual Ratio	20.02%
Total Capital to Risk-Weighted Assets, For Capital Adequacy Amount	$ 54,557
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Amount	40,917
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Amount	30,688
Tier 1 Capital to Total Assets, For Capital Adequacy Amount	$ 34,486
Total Capital to Risk-Weighted Assets, For Capital Adequacy Ratio	8.00%
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Ratio	6.00%
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Ratio	4.50%
Tier 1 Capital to Total Assets, For Capital Adequacy Ratio	4.00%
Total Capital to Risk-Weighted Assets, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 68,196
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	54,557
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	44,327
Tier 1 Capital to Total Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 43,108
Total Capital to Risk-Weighted Assets, To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	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%
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	6.50%
Tier 1 Capital to Total Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	5.00%
Ponce Bank
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, Actual Amount	$ 141,120	$ 106,190
Tier 1 Capital to Risk-Weighted Assets, Actual Amount	132,577	99,240
Common Equity Tier 1 Capital Ratio, Actual Amount	132,577	99,240
Tier 1 Capital to Total Assets, Actual Amount	$ 132,577	$ 99,240
Total Capital to Risk-Weighted Assets, Actual Ratio	20.73%	19.21%
Tier 1 Capital to Risk-Weighted Assets, Actual Ratio	19.48%	17.96%
Common Equity Tier 1 Capital Ratio, Actual Ratio	19.48%	17.96%
Tier 1 Capital to Total Assets, Actual Ratio	14.67%	13.32%
Total Capital to Risk-Weighted Assets, For Capital Adequacy Amount	$ 54,447	$ 44,217
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Amount	40,835	33,163
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Amount	30,626	24,872
Tier 1 Capital to Total Assets, For Capital Adequacy Amount	$ 36,152	$ 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	$ 68,059	$ 55,271
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	54,447	44,217
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	44,238	35,926
Tier 1 Capital to Total Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 45,190	$ 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 (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive income (loss), net of tax	$ (1,601)	$ 505
Unrealized gains (losses) on securities available for sale
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (loss) beginning balance	(166)	(370)
Other comprehensive income (loss), net of tax	(55)	204
Accumulated other comprehensive income (loss) ending balance	(221)	(166)
Unrealized gains (losses) on pension benefits
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (loss) beginning balance	(6,084)	(6,385)
Other comprehensive income (loss), net of tax	(1,546)	301
Accumulated other comprehensive income (loss) ending balance	(7,630)	(6,084)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (loss) beginning balance	(6,250)	(6,755)
Accumulated other comprehensive income (loss) ending balance	$ (7,851)	$ (6,250)

Aggregate Loan Transactions wit

Aggregate Loan Transactions with Related Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Receivables [Abstract]
Beginning balance	$ 1,573	$ 1,728	$ 397
Originations			1,494
Payments	(222)	(155)	(163)
Ending balance	$ 1,351	$ 1,573	$ 1,728

Transactions With Related Par89

Transactions With Related Parties - Additional Information (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Related Party Transactions [Abstract]
Deposits from officers and directors	$ 5,959	$ 6,856

Parent Company Only Financial90

Parent Company Only Financial Statements - Schedule of Consolidated Statements of Financial Condition (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 59,724	$ 11,716	$ 12,694	$ 15,849
Loan receivable - ESOP	6,712
Other assets	2,271	3,208
Total assets	925,522	744,983
LIABILITIES AND STOCKHOLDERS' EQUITY
Stockholders' Equity	164,785	92,992	$ 91,062	$ 89,600
Total liabilities and stockholders' equity	925,522	$ 744,983
Ponce Bank Mutual Holding Company
ASSETS
Cash and cash equivalents	32,060
Investment in Ponce Bank	39,272
Loan receivable - ESOP	6,712
Other assets	1,349
Total assets	79,393
LIABILITIES AND STOCKHOLDERS' EQUITY
Other liabilities and accrued expenses	62
Stockholders' Equity	79,331
Total liabilities and stockholders' equity	$ 79,393

Parent Company Only Financial91

Parent Company Only Financial Statements - Schedule of Consolidated Statements of Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended									12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Condensed Financial Statements Captions [Line Items]
Interest on ESOP loan										$ 52
Income (loss) before income taxes		$ (784)	$ (4,852)	$ 1,765	$ 908	$ 398	$ 521	$ 213	$ 1,298	(2,963)	$ 2,430	$ 3,833
Income tax (benefit)		2,081	(1,643)	641	345	159	239	117	490	1,424	1,005	1,315
Net income (loss)	$ (2,864)	$ (2,865)	$ (3,209)	$ 1,124	$ 563	$ 239	$ 282	$ 96	$ 808	(4,387)	$ 1,425	$ 2,518
Ponce Bank Mutual Holding Company
Condensed Financial Statements Captions [Line Items]
Interest on ESOP loan										53
Contribution to Ponce De Leon Foundation										6,293
Income (loss) before income taxes										(6,240)
Income tax (benefit)										(1,287)
Equity in undistributed earnings of Ponce Bank										1,523
Net income (loss)										$ (3,430)

Parent Company Only Financial92

Parent Company Only Financial Statements - Schedule of Consolidated Statements of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended									12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash Flows From Operating Activities:
Net income (loss)	$ (2,864)	$ (2,865)	$ (3,209)	$ 1,124	$ 563	$ 239	$ 282	$ 96	$ 808	$ (4,387)	$ 1,425	$ 2,518
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Charitable foundation contribution expense										6,093
Deferred income taxes										(40)	126	1,086
Net decrease (increase) in accrued interest receivable										628	39	(81)
Increase in other assets										38	175	3,168
Net increase in other liabilities										3,313	893	(4,101)
Net cash provided by operating activities										8,646	4,343	5,230
Cash Flows From Investing Activities:
Net cash used in investing activities										(135,898)	(43,893)	(6,194)
Cash Flows From Financing Activities:
Proceeds from issuance of common stock										78,191
Funds loaned to the ESOP										(7,238)
Net cash provided by (used in) financing activities										175,260	38,572	(2,191)
Net increase (decrease) in cash and cash equivalents										48,008	(978)	(3,155)
Beginning					$ 11,716				$ 12,694	11,716	12,694	15,849
Ending	59,724	59,724				$ 11,716				59,724	$ 11,716	$ 12,694
Ponce Bank Mutual Holding Company
Cash Flows From Operating Activities:
Net income (loss)										(3,430)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Equity in undistributed earnings of subsidiaries										(1,523)
Charitable foundation contribution expense										6,093
Deferred income taxes										(1,261)
Increase in other assets										(88)
Net increase in other liabilities										62
Net cash provided by operating activities										(147)
Cash Flows From Investing Activities:
Investment in Ponce Bank										(39,272)
Repayment of ESOP Loan										526
Net cash used in investing activities										(38,746)
Cash Flows From Financing Activities:
Proceeds from issuance of common stock										78,191
Funds loaned to the ESOP										(7,238)
Net cash provided by (used in) financing activities										70,953
Net increase (decrease) in cash and cash equivalents										32,060
Ending	$ 32,060	$ 32,060								$ 32,060

Quarterly Financial Informati93

Quarterly Financial Information (unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended									12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Net interest income		$ 8,477	$ 8,348	$ 8,083	$ 7,298	$ 7,016	$ 6,879	$ 6,742	$ 7,168	$ 32,206	$ 27,805	$ 27,940
Provision for loan losses (recovery) (Note 4)		1,219	238	207	52	139	115	235	(546)	1,716	(57)	353
Net interest income after provision for loan losses		7,258	8,110	7,876	7,246	6,877	6,764	6,507	7,714	30,490	27,862	27,587
Non-interest income		694	768	884	758	582	637	671	541	3,104	2,431	2,462
Non-interest expense		8,736	13,730	6,995	7,096	7,061	6,880	6,965	6,957	36,557	27,863	26,216
Income (loss) before income taxes		(784)	(4,852)	1,765	908	398	521	213	1,298	(2,963)	2,430	3,833
Income tax (benefit)		2,081	(1,643)	641	345	159	239	117	490	1,424	1,005	1,315
Net income (loss)	$ (2,864)	$ (2,865)	$ (3,209)	$ 1,124	$ 563	$ 239	$ 282	$ 96	$ 808	$ (4,387)	$ 1,425	$ 2,518
Basic earnings per share	$ (0.16)	$ (0.16)								$ (0.16)
Diluted earnings per share	$ (0.16)	$ (0.16)								$ (0.16)
Weighted average common shares (basic and diluted)		17,739,796