PDL Community Bancorp 10-Q 9 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 08, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Trading Symbol	PDLB
Entity Registrant Name	PDL Community Bancorp
Entity Current Reporting Status	Yes
Entity Central Index Key	0001703489
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Common Stock, Shares Outstanding		17,860,856
Entity File Number	001-38224
Entity Tax Identification Number	822857928
Entity Address, Address Line One	2244 Westchester Avenue
Entity Address, City or Town	Bronx
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10462
City Area Code	718
Local Phone Number	931-9000

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Cash and due from banks (Note 2):
Cash	$ 6,003	$ 45,225
Interest-bearing deposits in banks	47,007	24,553
Total cash and cash equivalents	53,010	69,778
Available-for-sale securities, at fair value (Note 3)	22,154	27,144
Loans receivable, net (Note 4)	934,236	918,509
Accrued interest receivable	3,773	3,795
Premises and equipment, net (Note 5)	32,205	31,135
Other real estate owned	58
Federal Home Loan Bank of New York stock (FHLBNY), at cost	4,609	2,915
Deferred tax assets (Note 8)	3,913	3,811
Other assets	2,158	2,814
Total assets	1,056,116	1,059,901
Liabilities:
Deposits (Note 6)	802,408	809,758
Accrued interest payable	88	63
Advance payments by borrowers for taxes and insurance	6,059	6,037
Advances from the Federal Home Loan Bank of New York and others (Note 7)	79,404	69,404
Other liabilities	2,954	5,467
Total liabilities	890,913	890,729
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 17,986,050 shares outstanding as of June 30, 2019 and 18,463,028 shares issued and outstanding as of December 31, 2018	185	185
Treasury stock, at cost; 476,978 shares as of June 30, 2019 and no shares as of December 31, 2018	(6,798)
Additional paid-in-capital	85,357	84,581
Retained earnings	100,431	98,813
Accumulated other comprehensive loss (Note 14)	(7,941)	(8,135)
Unearned compensation - ESOP; 603,125 shares as of June 30, 2019 and 627,251 shares as of December 31, 2018 (Note 9)	(6,031)	(6,272)
Total stockholders' equity	165,203	169,172
Total liabilities and stockholders' equity	$ 1,056,116	$ 1,059,901

Consolidated Statements of Fi_2

Consolidated Statements of Financial Condition (Parenthetical) - $ / shares	Jun. 30, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
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	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares, issued	18,463,028	18,463,028
Common stock, shares, outstanding	17,986,050	18,463,028
Treasury stock,repurchased	476,978	0
Unearned compensation, ESOP shares	603,125	627,251

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Interest and dividend income:
Interest on loans receivable	$ 12,060	$ 11,053	$ 24,155	$ 21,439
Interest on deposits due from banks	278	226	478	445
Interest and dividend on available-for-sale securities and FHLBNY stock	76	104	163	209
Total interest and dividend income	12,414	11,383	24,796	22,093
Interest expense:
Interest on certificates of deposit	1,904	1,847	3,860	3,597
Interest on other deposits	821	199	1,452	383
Interest on borrowings	345	204	678	303
Total interest expense	3,070	2,250	5,990	4,283
Net interest income	9,344	9,133	18,806	17,810
Provision for loan losses (Note 4)		337	149	431
Net interest income after provision for loan losses	9,344	8,796	18,657	17,379
Noninterest income:
Service charges and fees	228	214	458	437
Brokerage commissions	24	42	133	138
Late and prepayment charges	262	52	401	263
Other	172	216	447	571
Total noninterest income	686	524	1,439	1,409
Noninterest expense:
Compensation and benefits	4,476	4,563	9,490	8,918
Occupancy and equipment	1,732	1,717	3,643	3,208
Data processing expenses	431	300	784	708
Direct loan expenses	182	152	338	307
Insurance and surety bond premiums	83	99	166	188
Office supplies, telephone and postage	271	352	588	652
FDIC deposit insurance assessment	66	66	134	134
Professional fees	733	529	1,243	1,151
Marketing and promotional expenses	47	55	73	107
Directors fees	73	70	156	139
Regulatory dues	47	58	103	115
Other operating expenses	566	494	1,080	1,087
Total noninterest expense	8,707	8,455	17,798	16,714
Income before income taxes	1,323	865	2,298	2,074
Provision for income taxes (Note 8)	373	166	680	434
Net income	$ 950	$ 699	$ 1,618	$ 1,640
Earnings per share for the period (Note 10)
Basic	$ 0.05	$ 0.04	$ 0.09	$ 0.09
Diluted	$ 0.05	$ 0.04	$ 0.09	$ 0.09

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 950	$ 699	$ 1,618	$ 1,640
Net change in unrealized gains (losses) on available-for-sale securities :
Unrealized gains (losses)	159	(5)	330	(174)
Income tax effect	(33)	1	(70)	(8)
Unrealized gains (losses) on securities, net of tax	126	(4)	260	(182)
Pension benefit liability adjustment:
Net (loss)	(40)	(31)	(83)	(65)
Income tax effect	8	11	17	22
Pension liability adjustment, net of tax	(32)	(20)	(66)	(43)
Total other comprehensive income (loss), net of tax	94	(24)	194	(225)
Total comprehensive income	$ 1,044	$ 675	$ 1,812	$ 1,415

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock	Treasury Stock, At Cost	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Unallocated Common Stock of ESOP
Balance at Dec. 31, 2017	$ 164,785	$ 185		$ 84,351	$ 94,855	$ (7,851)	$ (6,755)
Balance, Shares at Dec. 31, 2017		18,463,028
Net income	1,640				1,640
Other comprehensive income (loss), net of tax	(225)					(225)
ESOP shares committed to be released (24,126 shares)	378			137			241
Balance at Jun. 30, 2018	166,578	$ 185		84,488	96,495	(8,076)	(6,514)
Balance, Shares at Jun. 30, 2018		18,463,028
Balance at Dec. 31, 2018	169,172	$ 185		84,581	98,813	(8,135)	(6,272)
Balance, Shares at Dec. 31, 2018		18,463,028
Net income	1,618				1,618
Other comprehensive income (loss), net of tax	194					194
Treasury stock	(6,798)		$ (6,798)
Treasury stock, Shares		(476,978)
ESOP shares committed to be released (24,126 shares)	361			120			241
Restricted stock awards	608			608
Stock options	48			48
Balance at Jun. 30, 2019	$ 165,203	$ 185	$ (6,798)	$ 85,357	$ 100,431	$ (7,941)	$ (6,031)
Balance, Shares at Jun. 30, 2019		17,986,050

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Unaudited) (Parenthetical) - shares	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Statement Of Stockholders Equity [Abstract]
Number of ESOP shares committed to be released	24,126	48,250	24,126

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Cash Flows From Operating Activities:
Net income	$ 950	$ 699	$ 1,618	$ 1,640
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of premiums on securities, net			1	6
Gain on sale of loans, net			101	54
Provision for loan losses		337	149	431	$ 1,249
Depreciation and amortization	550	437	1,059	854
Deferred income taxes			(156)	117
ESOP compensation			390	378
Share-based compensation expense			656
Changes in assets and liabilities:
Decrease (increase) in accrued interest receivable			22	(15)
Decrease (increase) in other assets			538	(652)
Increase in accrued interest payable			25	99
Net (decrease) increase in other liabilities and advance payments by borrowers			(2,483)	690
Net cash provided by operating activities			1,920	3,602
Cash Flows From Investing Activities:
Proceeds from redemption of FHLBNY Stock			4,455
Purchases of FHLBNY Stock			(6,149)	(1,106)
Proceeds from maturities, calls and principal repayments on available-for-sale securities			5,318	573
Proceeds from sales of loans			3,614	4,761
Net increase in loans			(19,591)	(56,969)
Net change in other real estate owned			(58)
Purchases of premises and equipment			(2,129)	(2,048)
Net cash used in investing activities			(14,540)	(54,789)
Cash Flows From Financing Activities:
Net (decrease) increase in deposits			(7,350)	39,270
Repurchase of treasury stock			(6,798)
Proceeds from advances from FHLBNY			260,398	21,375
Repayments of advances from FHLBNY			(250,398)	(20,000)
Net cash (used in) provided by financing activities			(4,148)	40,645
Net (decrease) in cash and cash equivalents			(16,768)	(10,542)
Cash and Cash Equivalents:
Beginning	$ 53,010	$ 49,182	69,778	59,724	59,724
Ending					$ 69,778
Supplemental Disclosures:
Interest			6,012	4,184
Income taxes			$ 373	$ 132

Nature of Business and Summary

Nature of Business and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2019
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 Presentation and Consolidation: The unaudited interim Consolidated Financial Statements of PDL Community Bancorp (the “Company”) presented herein have been prepared pursuant to the rules of the Securities and Exchange Commission (“SEC”) for quarterly reports on Form 10-Q and do not include all of the information and note disclosures required by the U.S. generally accepted accounting principles (“GAAP”). In the opinion of management, all adjustments and disclosures considered necessary for the fair presentation of the accompanying Consolidated Financial Statements have been included. Interim results are not necessarily reflective of the results for the entire year. The accompanying unaudited Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto for the year ended December 31, 2018 included in the Company’s annual report on Form 10-K. The unaudited interim Consolidated Financial Statements 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. Nature of Operations: The Bank is a federally chartered stock savings association headquartered in the Bronx, New York. It was originally chartered in 1960 as a federally chartered mutual savings and loan association under the name Ponce De Leon Federal Savings and Loan Association. In 1985, the Bank changed its name to “Ponce De Leon Federal Savings Bank.” In 1997, the Bank changed its name again to “Ponce De Leon Federal Bank.” Upon the completion of its reorganization into a mutual holding company (the “MHC”), the assets and liabilities of Ponce De Leon Federal Bank were transferred to and assumed by the Bank, a wholly owned subsidiary of by PDL Community Bancorp. The Bank is subjected 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 banking offices. The banking offices are located in the Bronx (4 branches), Manhattan (2 branches), Queens (3 branches) and Brooklyn (3 branches), New York and Union City (1 branch), 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. Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Summary of Significant Accounting Policies: Use of Estimates Interim Financial Statements 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, 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 and (2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the discounted present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of impairment is recognized through earnings. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific-identification method. The sale of a held-to-maturity security within three months of its maturity date or after collection of at least 85% of the principal outstanding at the time the security was acquired is considered a maturity for purposes of classification and disclosure. Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Federal Home Loan Bank of New York Stock Loans Receivable Interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the effective interest yield 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 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 troubled debt restructurings, 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. Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) When a loan is modified to a troubled debt restructuring, management evaluates the loan for any possible impairment using either the discounted cash flows method, where the value of the modified loan is based on the present value of expected cash flows, discounted at the contractual interest rate of the original loan agreement, or by using the fair value of the collateral less selling costs, if repayment under the modified terms becomes doubtful. The general component covers non‑impaired loans and is based on historical loss experience adjusted for current factors. 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 Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Loans Held for Sale . 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 Buildings 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 upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Income tax returns filed for years before 2015 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. Related Party Transactions Employee Benefit Plans: Employee Stock Ownership Plan: Stock Options: Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Restricted Stock Units: Comprehensive Income: Loss Contingencies Fair Value of Financial Instruments Segment Reporting Loan Commitments and Related Financial Instruments Earnings Per Share (“EPS”) Treasury Stock Reclassification of Prior Year Presentation . Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) 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 business entities until such pronouncements are made applicable to nonpublic business entities. As of June 30, 2019, there is no significant difference in the comparability of the consolidated financial statements as a result of this extended transition period. Accounting Guidance Adopted in 2018: In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, “ Revenue from Contracts with Customers (Topic 606),” In March 2016, the FASB issued ASU 2016-09, “Compensation - Stock Compensation (Topic 718).” An entity can make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest (current accounting) or account for forfeitures when they occur. Within the statement of cash flows, excess tax benefits should be classified along with other income tax cash flows as an operating activity, and cash paid by an employer when directly withholding shares for tax-withholding purposes should be classified as a financing activity. The amendments in this ASU are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods, for public business entities. As the Company is taking advantage of the extended transition period for complying with new or revised accounting standards assuming it remains an EGC, it adopted the amendments in this update for the annual period beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. The adoption of this update did not have a material impact on the Company’s consolidated financial statements. In May 2017, the FASB issued ASU 2017-09, “Compensation – Stock Compensation (Topic 718), Scope of Modification Accounting,” In February 2018, the FASB issued ASU 2018-02, “Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.” Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Accounting Guidance Not Yet Adopted: In January 2016, the FASB issued ASU 2016-01, “Financial Instruments – Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities.” In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” The 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 currently leases six branches and the new guidance will result in the establishment of a right to use asset and corresponding lease obligations. The Company continues to evaluate the impact of the guidance, including determining whether other contracts exist that are deemed to be in scope and subsequent related accounting standard updates. The Company has established a project committee and has initiated training on ASU 2016-02. In June 2016, the FASB issued ASU 2016-13, “ Measurement of Credit Losses on Financial Instruments.” Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) 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. The Company has selected the CECL model and has begun running scenarios. 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. In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments.” In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230) Restricted Cash 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.” 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.” Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) In August 2018, the FASB issued ASU 2018-13, “ Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement In August 2018, the FASB issued ASU 2018-14, “Compensation – Retirement Benefits – Defined Benefit Plans – General (Subtopic 715-20): Disclosure Framework –Changes to the Disclosure Requirements for Defined Benefit Plans.” In April 2019, the FASB issued ASU 2019-04, “Codification Improvements to (Topic 326, Financial Instruments-Credit Losses), (Topic 815, Derivatives and Hedging) and (Topic 825, Financial Instruments).”

Restrictions on Cash and Due Fr

Restrictions on Cash and Due From Banks	6 Months Ended
	Jun. 30, 2019
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 $5,407 and $44,717 in cash to cover its minimum reserve requirement of $4,474 and $4,375 at June 30, 2019, and December 31, 2018, respectively.

Available-for-Sale Securities

Available-for-Sale Securities	6 Months Ended
	Jun. 30, 2019
Investments Debt And Equity Securities [Abstract]
Available-for-Sale Securities	Note 3. Available-for-Sale Securities The amortized cost and fair value of available-for-sale securities at June 30, 2019 and December 31, 2018 are summarized as follows: June 30, 2019 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value U.S. Government and Federal Agencies $ 20,926 $ — $ (108 ) $ 20,818 Mortgage-Backed Securities: FNMA Certificates 621 — (7 ) 614 GNMA Certificates 702 20 — 722 $ 22,249 $ 20 $ (115 ) $ 22,154 Note 3. Available-for-Sale Securities (Continued) December 31, 2018 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value U.S. Government and Federal Agencies $ 20,924 $ — $ (409 ) $ 20,515 U.S. Treasury 4,997 — (2 ) 4,995 Mortgage-Backed Securities: FNMA Certificates 778 — (19 ) 759 GNMA Certificates 870 5 — 875 $ 27,569 $ 5 $ (430 ) $ 27,144 There were no securities classified as held-to-maturity as of June 30, 2019 and December 31, 2018. There were no securities sold for the three and six months ended June 30, 2019 and 2018. 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 June 30, 2019 and at December 31, 2018: June 30, 2019 Securities With Gross Unrealized Losses Less Than 12 Months 12 Months or More Total Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Government and Federal Agencies $ — $ — $ 20,818 $ (108 ) $ 20,818 $ (108 ) Mortgage-Backed FNMA Certificates — — 614 (7 ) 614 (7 ) $ — $ — $ 21,432 $ (115 ) $ 21,432 $ (115 ) December 31, 2018 Securities With Gross Unrealized Losses Less Than 12 Months 12 Months or More Total Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Government and Federal Agencies $ — $ — $ 20,515 $ (409 ) $ 20,515 $ (409 ) U.S. Treasury 4,995 (2 ) — — 4,995 (2 ) Mortgage-Backed FNMA Certificates — — 759 (19 ) 759 (19 ) $ 4,995 $ (2 ) $ 21,274 $ (428 ) $ 26,269 $ (430 ) The Company’s investment portfolio had 11 available-for-sale securities at June 30, 2019 and 12 available-for-sale securities at December 31, 2018. At June 30, 2019 and December 31, 2018, the Company had 10 , with gross unrealized loss positions. Management reviewed the financial condition of the entities underlying the securities at both and and determined that they are not other than temporarily impaired 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. Note 3. Available-for-Sale Securities (Continued) The following is a summary of maturities of securities at June 30, 2019 and December 31, 2018. Amounts are shown by contractual maturity. Because borrowers 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. June 30, 2019 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 10,555 10,511 After one year through five years 10,371 10,307 20,926 20,818 Mortgage-Backed Securities 1,323 1,336 Total $ 22,249 $ 22,154 December 31, 2018 Available-for-Sale Amortized Fair Cost Value U.S. Government and Federal Agency Securities: Amounts maturing: Three months or less $ 4,997 $ 4,995 After three months through one year 4,554 4,497 After one year through five years 16,370 16,018 25,921 25,510 Mortgage-Backed Securities 1,648 1,634 Total $ 27,569 $ 27,144 There were no securities pledged at June 30, 2019 and December 31, 2018.

Loans Receivable and Allowance

Loans Receivable and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Loans Receivable and Allowance for Loan Losses	Note 4. Loans Receivable and Allowance for Loan Losses Loans at June 30, 2019 and December 31, 2018 are summarized as follows: June 30, December 31, 2019 2018 Mortgage loans: 1-4 Family residential Investor-Owned $ 302,428 $ 303,197 Owner-Occupied 92,904 92,788 Multifamily residential 238,974 232,509 Nonresidential properties 197,367 196,917 Construction and land 100,995 87,572 Nonmortgage loans: Business loans 11,373 15,710 Consumer loans 1,151 1,068 945,192 929,761 Net deferred loan origination costs 1,562 1,407 Allowance for loan losses (12,518 ) (12,659 ) Loans receivable, net $ 934,236 $ 918,509 Note 4. Loans Receivable and Allowance for Loan Losses (Continued) 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 pursuant to an established credit policy applicable to each type of lending activity in which it engages. Although collateral provides assurance as a secondary source of repayment, the Company ordinarily requires the primary source of repayment to be based on the borrowers’ ability to generate continuing cash flows. The Company also evaluates the collateral and creditworthiness of each customer. The credit policy provides that depending on the borrowers’ creditworthiness and type of collateral, credit may be extended up to predetermined percentages of the market value of the collateral. 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 internally assigned risk ratings: • Strong Pass – Loans to a new or existing borrower collateralized at least 90 percent by an unimpaired deposit account at the Company. • Good Pass – Loans to a new or existing borrower in a well-established enterprise in excellent financial condition with strong liquidity and a history of consistently high level of earnings, cash flow and debt service capacity. • Satisfactory Pass – Loans 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 – Existing loans that evidence strong payment history but document less than average strength, financial condition, record of earnings, or projected cash flows with which to service the debt. • Special Mention – Loans in this category are currently protected but show one or more potential weaknesses and risks which may inadequately protect collectability or borrower’s ability to meet repayment terms at some future date if the weakness or weaknesses are not monitored or remediated. • 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 some loss may be sustained if the deficiencies are not remediated. • Doubtful – Loans that have all the weaknesses of loans classified as “Substandard” with the added characteristics 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. Risk ratings 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. Note 4. Loans Receivable and Allowance for Loan Losses (Continued) The following tables present credit risk ratings by loan segment as of June 30, 2019 and December 31, 2018: June 30, 2019 Mortgage Loans Nonmortgage Loans Construction Total 1-4 Family Multifamily Nonresidential and Land Business Consumer Loans Risk Rating: Pass $ 382,299 $ 237,916 $ 193,103 $ 81,531 $ 10,993 $ 1,149 $ 906,991 Special mention 3,741 — — 11,548 380 — 15,669 Substandard 9,292 1,058 4,264 7,916 — 2 22,532 Total $ 395,332 $ 238,974 $ 197,367 $ 100,995 $ 11,373 $ 1,151 $ 945,192 December 31, 2018 Mortgage Loans Nonmortgage Loans Construction Total 1-4 Family Multifamily Nonresidential and Land Business Consumer Loans Risk Rating: Pass $ 383,123 $ 231,422 $ 195,327 $ 71,438 $ 14,324 $ 1,068 $ 896,702 Special mention 3,728 775 — 8,505 1,386 — 14,394 Substandard 9,134 312 1,590 7,629 — — 18,665 Total $ 395,985 $ 232,509 $ 196,917 $ 87,572 $ 15,710 $ 1,068 $ 929,761 Note 4. Loans Receivable and Allowance for Loan Losses (Continued) An aging analysis of loans, as of June 30, 2019 and December 31, 2018, is as follows: June 30, 2019 30-59 60-89 Over Over Days Days 90 Days Nonaccrual 90 Days Current Past Due Past Due Past Due Total Loans Accruing Mortgage loans: 1-4 Family residential Investor-Owned $ 301,347 $ — $ — $ 1,081 $ 302,428 $ 1,760 $ — Owner-Occupied 90,771 1,108 598 427 92,904 2,993 — Multifamily residential 238,967 — 7 — 238,974 7 — Nonresidential properties 193,716 — 2,715 936 197,367 3,992 — Construction and land 100,846 — — 149 100,995 1,316 — Nonmortgage loans: Business 10,993 — 380 — 11,373 — — Consumer 1,151 — — — 1,151 2 — Total $ 937,791 $ 1,108 $ 3,700 $ 2,593 $ 945,192 $ 10,070 $ — December 31, 2018 30-59 60-89 Over Over Days Days 90 Days Nonaccrual 90 Days Current Past Due Past Due Past Due Total Loans Accruing Mortgage loans: 1-4 Family residential Investor-Owned $ 296,188 $ 6,539 $ 470 $ — $ 303,197 $ 1,258 $ — Owner-Occupied 89,610 1,609 574 995 92,788 3,079 — Multifamily residential 231,514 995 — — 232,509 16 — Nonresidential properties 195,861 — 4 1,052 196,917 1,310 — Construction and land 87,572 — — — 87,572 1,115 — Nonmortgage loans: Business 15,418 292 — — 15,710 — — Consumer 1,068 — — — 1,068 — — Total $ 917,231 $ 9,435 $ 1,048 $ 2,047 $ 929,761 $ 6,778 $ — 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 recorded investment in loans as of June 30, 2019 and 2018, and December 31, 2018: For the Six Months Ended June 30, 2019 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 Allowance for loan losses: Balance, beginning of period $ 3,799 $ 1,208 $ 3,829 $ 1,925 $ 1,631 $ 260 $ 7 $ — $ 12,659 Provision charged to expense (248 ) (40 ) (116 ) (2 ) (98 ) 651 2 149 Losses charged-off — — — — — (402 ) — — (402 ) Recoveries 23 — — 5 — 24 2 58 112 Balance, end of period $ 3,574 $ 1,168 $ 3,713 $ 1,928 $ 1,533 $ 533 $ 11 $ 58 $ 12,518 Ending balance: individually evaluated for impairment $ 273 $ 527 $ — $ 124 $ — $ — $ 2 $ — $ 926 Ending balance: collectively evaluated for impairment 3,301 641 3,713 1,804 1,533 533 9 58 11,592 Total $ 3,574 $ 1,168 $ 3,713 $ 1,928 $ 1,533 $ 533 $ 11 $ 58 $ 12,518 Loans: Ending balance: individually evaluated for impairment $ 7,058 $ 5,471 $ 7 $ 5,360 $ 1,327 $ 38 $ 2 $ — $ 19,263 Ending balance: collectively evaluated for impairment 295,370 87,433 238,967 192,007 99,668 11,335 1,149 — 925,929 Total $ 302,428 $ 92,904 $ 238,974 $ 197,367 $ 100,995 $ 11,373 $ 1,151 $ — $ 945,192 For the Three Months Ended June 30, 2019 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 Allowance for loan losses: Balance, beginning of period $ 3,551 $ 1,168 $ 3,713 $ 1,925 $ 1,533 $ 549 10 $ — $ 12,449 Provision charged to expense — — — — — — — — — Losses charged-off — — — — — (25 ) — — (25 ) Recoveries 23 — — 3 — 9 1 58 94 Balance, end of period $ 3,574 $ 1,168 $ 3,713 $ 1,928 $ 1,533 $ 533 $ 11 $ 58 $ 12,518 Note 4. Loans Receivable and Allowance for Loan Losses (Continued) For the Six Months Ended June 30, 2018 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 Allowance for loan losses: Balance, beginning of period $ 3,716 $ 1,402 $ 3,109 $ 1,424 $ 1,205 $ 209 $ 6 $ — $ 11,071 Provision charged to expense (30 ) (312 ) 531 250 86 (94 ) — — 431 Losses charged-off — — — — — (18 ) — — (18 ) Recoveries 1 175 — 5 — 83 3 — 267 Balance, end of period $ 3,687 $ 1,265 $ 3,640 $ 1,679 $ 1,291 $ 180 $ 9 $ — $ 11,751 Ending balance: individually evaluated for impairment $ 310 $ 297 $ — $ 36 $ — $ — $ — $ — $ 643 Ending balance: collectively evaluated for impairment 3,377 968 3,640 1,643 1,291 180 9 — 11,108 Total $ 3,687 $ 1,265 $ 3,640 $ 1,679 $ 1,291 $ 180 $ 9 $ — $ 11,751 Loans: Ending balance: individually evaluated for impairment $ 7,014 $ 7,399 $ — $ 2,207 $ 1,111 $ 421 $ — $ — $ 18,152 Ending balance: collectively evaluated for impairment 289,476 84,809 218,210 166,581 71,463 11,277 1,027 — 842,843 Total $ 296,490 $ 92,208 $ 218,210 $ 168,788 $ 72,574 $ 11,698 $ 1,027 $ — $ 860,995 . For the Three Months Ended June 30, 2018 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 Allowance for loan losses: Balance, beginning of period $ 3,689 $ 1,370 $ 3,385 $ 1,517 $ 1,212 $ 228 $ 8 $ — $ 11,409 Provision charged to expense (3 ) (107 ) 255 160 79 (46 ) (1 ) — 337 Losses charged-off — — — — — (13 ) — — (13 ) Recoveries 1 2 — 2 — 11 2 — 18 Balance, end of period $ 3,687 $ 1,265 $ 3,640 $ 1,679 $ 1,291 $ 180 $ 9 $ — $ 11,751 Note 4. Loans Receivable and Allowance for Loan Losses (Continued) For the Year Ended December 31, 2018 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 Allowance for loan losses: Balance, beginning of year $ 3,716 $ 1,402 $ 3,109 $ 1,424 $ 1,205 $ 209 $ 6 $ — $ 11,071 Provision charged to expense 82 (444 ) 720 492 426 (37 ) 10 — 1,249 Losses charged-off — — — — — (34 ) (14 ) — (48 ) Recoveries 1 250 — 9 — 122 5 — 387 Balance, end of year $ 3,799 $ 1,208 $ 3,829 $ 1,925 $ 1,631 $ 260 $ 7 $ — $ 12,659 Ending balance: individually evaluated for impairment $ 349 $ 234 $ — $ 35 $ — $ — $ — $ — $ 618 Ending balance: collectively evaluated for impairment 3,450 974 3,829 1,890 1,631 260 7 — 12,041 Total $ 3,799 $ 1,208 $ 3,829 $ 1,925 $ 1,631 $ 260 $ 7 $ — $ 12,659 Loans: Ending balance: individually evaluated for impairment $ 6,452 $ 6,525 $ 16 $ 2,750 $ 1,108 $ 374 $ — $ — $ 17,225 Ending balance: collectively evaluated for impairment 296,745 86,263 232,493 194,167 86,464 15,336 1,068 — 912,536 Total $ 303,197 $ 92,788 $ 232,509 $ 196,917 $ 87,572 $ 15,710 $ 1,068 $ — $ 929,761 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 troubled debt restructurings, are identified by applying normal loan review procedures in accordance with the Allowance for loan losses 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. Note 4. Loans Receivable and Allowance for Loan Losses (Continued) The following information relates to impaired loans as of and for the six months ended June 30, 2019 and 2018 and for the year ended December 31, 2018: Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized For the Six Months Ended June 30, 2019 Balance Allowance Allowance Investment Allowance Investment on a Cash Basis Mortgage loans: 1-4 Family residential $ 13,588 $ 7,944 $ 4,585 $ 12,529 $ 800 $ 13,438 $ 323 Multifamily residential 7 7 — 7 — 7 — Nonresidential properties 5,463 4,887 473 5,360 124 3,096 67 Construction and land 1,614 1,327 — 1,327 — 1,200 1 Nonmortgage loans: Business 40 38 — 38 — 309 1 Consumer 2 — 2 2 2 1 — Total $ 20,714 $ 14,203 $ 5,060 $ 19,263 $ 926 $ 18,051 $ 392 Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized For the Six Months Ended June 30, 2018 Balance Allowance Allowance Investment Allowance Investment on a Cash Basis Mortgage loans: 1-4 Family residential $ 15,597 $ 7,787 $ 6,626 $ 14,413 $ 607 $ 17,101 $ 371 Multifamily residential — — — — — 104 — Nonresidential properties 2,421 1,719 488 2,207 36 3,753 71 Construction and land 1,321 1,111 — 1,111 — 1,073 — Nonmortgage loans: Business 464 421 — 421 — 515 12 Consumer — — — — — — — Total $ 19,803 $ 11,038 $ 7,114 $ 18,152 $ 643 $ 22,546 $ 454 Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized December 31, 2018 Balance Allowance Allowance Investment Allowance Investment on a Cash Basis Mortgage loans: 1-4 Family residential $ 12,985 $ 7,080 $ 5,898 $ 12,978 $ 583 $ 15,163 $ 758 Multifamily residential 16 16 — 16 — 36 3 Nonresidential properties 2,748 2,270 480 2,750 35 3,230 172 Construction and land 1,115 1,107 — 1,107 — 1,094 — Nonmortgage loans: Business 374 374 — 374 — 454 22 Consumer — — — — — — — Total $ 17,238 $ 10,847 $ 6,378 $ 17,225 $ 618 $ 19,977 $ 955 Note 4. Loans Receivable and Allowance for Loan Losses (Continued) The loan portfolio also includes certain loans that have been modified to troubled debt restructurings. Under applicable standards, loans are modified to troubled debt restructurings 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 to a troubled debt restructuring, 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 troubled debt restructuring is less than the recorded investment in the loan, impairment is recognized through a specific allowance estimate or charge-off against the allowance for loan losses. During the six months ended June 30, 2019 there was one troubled debt restructuring and as of and for the year ended December 31, 2018, there were no loans restructured as troubled debt restructuring. Loans Restructured During All TDRs with a payment default within 12 months following the Six Months Ended June 30, 2019 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 $ 275 $ 283 — $ — Total 1 $ 275 $ 283 — $ — Combination of rate, maturity, other 1 $ 275 $ 283 — $ — Total 1 $ 275 $ 283 — $ — Loans Restructured During All TDRs with a payment default within 12 months following the Year Ended December 31, 2018 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 Total — $ — $ — 1 $ 176 Combination of rate, maturity, other — $ — $ — 1 $ 176 Total — $ — $ — 1 $ 176 At June 30, 2019, there were 38 troubled debt restructured loans totaling $12,845 of which $9,128 are on accrual status. At December 31, 2018, there were 40 troubled debt restructured loans totaling $14,104 of which $10,460 are on accrual status. 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 to $926 and $618 at June 30, 2019 and December 31, 2018, respectively.

Premises and Equipment

Premises and Equipment	6 Months Ended
	Jun. 30, 2019
Property Plant And Equipment [Abstract]
Premises and Equipment	Note 5. Premises and Equipment Premises and equipment at June 30, 2019 and December 31, 2018 are summarized as follows: June 30, December 31, 2019 2018 Land $ 3,979 $ 3,979 Buildings and improvements 16,756 16,423 Leasehold improvements 24,461 23,430 Furniture, fixtures and equipment 8,493 7,728 53,689 51,560 Less: accumulated depreciation and amortization (21,484 ) (20,425 ) Total premises and equipment $ 32,205 $ 31,135 Depreciation and amortization expense amounted to $550 and $437 for the three months ended June 30, 2019 and 2018, respectively, and $1,059 and $854 for the six months ended June 30, 2019 and 2018, respectively, and are included in occupancy and equipment in the accompanying consolidated statements of income. Leasehold improvements increased by $1,031 to $24,461 at June 30, 2019 mainly due to investments made to the branch network and other product delivery services as part of branch renovation initiative. Furniture, fixtures and equipment also increased by $765 to $8,493 at June 30, 2019, mainly as a result of investments in new Teller Cash Recyclers (TCRs) that are being installed in the branches.

Deposits

Deposits	6 Months Ended
	Jun. 30, 2019
Banking And Thrift [Abstract]
Deposits	Note 6. Deposits Deposits at June 30, 2019 and December 31, 2018 are summarized as follows: June 30, December 31, 2019 2018 Demand $ 115,262 $ 115,923 Interest-bearing deposits: NOW/IOLA accounts 23,018 30,783 Money market accounts 158,318 116,175 Savings accounts 126,746 122,791 Total savings, NOW and money market 308,082 269,749 Certificates of deposit of $250K or more 82,767 90,195 Certificates of deposit less than $250K 296,297 333,891 Total certificates of deposit 379,064 424,086 Total interest-bearing deposits 687,146 693,835 Total deposits $ 802,408 $ 809,758 At June 30, 2019 scheduled maturities of certificates of deposit were as follows: June 30, 2020 $ 181,013 2021 115,561 2022 60,078 2023 11,593 2024 10,819 $ 379,064 Overdrawn deposit accounts that have been reclassified to loans amounted to $61 and $241 as of June 30, 2019 and December 31, 2018, respectively.

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Borrowings	Note 7. Borrowings FHLBNY Advances The Bank had $79,404 and $44,404 of outstanding term advances from the FHLBNY at June 30, 2019 and December 31, 2018, respectively. Additionally, the Bank had an unsecured line of credit in the amount of $25,000 with a correspondent bank at June 30, 2019 and December 31, 2018, of which $0 and $25,000 were outstanding as of June 30, 2019 and December 31, 2018, respectively. The Bank also had a guarantee from the FHLBNY through a standby letter of credit of $3,455 at June 30, 2019 and $7,639 at December 31, 2018, respectively. Borrowed funds at June 30, 2019 and December 31, 2018 consist of the following and are summarized by maturity and call date below: June 30, December 31, 2019 2018 Scheduled Maturity Redeemable at Call Date Weighted Average Rate Scheduled Maturity Redeemable at Call Date Weighted Average Rate Correspondent Bank Overnight line of credit advance $ — $ — — % $ 25,000 $ 25,000 2.64 % FHLBNY Term advances ending: 2020 8,029 8,029 2.86 8,029 8,029 2.86 2021 3,000 3,000 1.84 3,000 3,000 1.84 2022 40,000 40,000 2.13 5,000 5,000 1.97 2023 28,375 28,375 2.82 28,375 28,375 2.82 $ 79,404 $ 79,404 2.44 % $ 69,404 $ 69,404 2.69 % Interest expense on advances totaled $345 and $204 for the three months ended June 30, 2019 and 2018, and $678 and $302 for the six months ended June 30, 2019 and 2018, respectively. As of June 30, 2019 and December 31, 2018, the Bank had eligible collateral of approximately $292,354 and $280,457, respectively, in residential 1-4 and multifamily mortgage loans available to secure advances from the FHLBNY.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Note 8. Income Taxes The provision for income taxes for the three and six months ended June 30, 2019 and 2018 consist of the following: For the Three Months Ended June 30, For the Six Months Ended June 30, 2019 2018 2019 2018 Federal: Current $ 377 $ 110 $ 651 $ 195 Deferred (41 ) 60 (33 ) 190 336 170 618 385 State and local: Current 84 48 185 121 Deferred (215 ) (252 ) (504 ) (356 ) (131 ) (204 ) (319 ) (235 ) Valuation allowance 168 200 381 284 Provision for income taxes $ 373 $ 166 $ 680 $ 434 Note 8. Income Taxes (Continued) Total income tax expense differed from the amounts computed by applying the U.S. federal income tax rate of 21% for the three and six months ended June 30, 2019 and 2018, respectively, to income before income taxes as a result of the following: For the Three Months Ended June 30, For the Six Months Ended June 30, 2019 2018 2019 2018 Income tax, at federal rate $ 278 $ 182 $ 483 $ 436 State and local tax, net of federal taxes (102 ) (160 ) (252 ) (185 ) Valuation allowance, net of the federal benefit 168 200 381 284 Other 29 (56 ) 68 (101 ) $ 373 $ 166 $ 680 $ 434 On December 22, 2017, the U.S. Government signed into law the “Tax Cuts and Jobs Act” (the “Tax Act”) which, beginning in 2018, reduced the Company’s corporate income tax rate from 34% to 21%, but eliminated or increased certain permanent differences. Management maintains a valuation allowance against its net New York State and New York City deferred tax assets as it is unlikely these deferred tax assets will impact the Company's tax liability in future years. The valuation allowance increased by $381 and $284 for the six months ended June 30, 2019 and 2018, respectively. Management has determined that it is not required to establish a valuation allowance against any other deferred tax assets since it is more likely than not that the deferred tax assets will be fully utilized in future periods. In assessing the need for a valuation allowance, management considers the scheduled reversal of the deferred tax liabilities, the level of historical taxable income, and the projected future taxable income over the periods that the temporary differences comprising the deferred tax assets will be deductible. At June 30, 2019 and December 31, 2018, the Company had no unrecognized tax benefits recorded related to uncertain tax positions. The Company does not expect that the total amount of unrecognized tax benefits will significantly increase in the next twelve months. 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 2015. Note 8. Income Taxes (Continued) The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at June 30, 2019 and December 31, 2018 are presented below: June 30, At December 31, 2019 2018 Deferred tax assets: Allowance for loan losses $ 3,879 $ 3,939 Pension obligations 2,119 2,102 Interest on nonaccrual loans 143 74 Unrealized loss on available-for-sale securities 20 91 Amortization of intangible assets 93 102 Deferred rent payable 64 153 Net operating losses 3,432 3,111 Charitable contribution carryforward 1,624 1,694 Other 517 235 Total gross deferred tax assets 11,891 11,501 Deferred tax liabilities: Cumulative contribution in excess of net periodic benefit costs, net 3,103 3,120 Depreciation and amortization of premises and equipment 100 222 Deferred loan fees 484 438 Other 6 6 Total gross deferred tax liabilities 3,693 3,786 Valuation allowance 4,285 3,904 Net deferred tax assets $ 3,913 $ 3,811

Compensation and Benefit Plans

Compensation and Benefit Plans	6 Months Ended
	Jun. 30, 2019
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 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. The following table sets forth the Old Pension Plan’s funded status and amounts recognized in the consolidated statements of financial condition as of June 30, 2019 and December 31, 2018 using a measurement date as of June 30, 2019 and December 31, 2018, respectively: June 30, 2019 December 31, 2018 Projected benefit obligation $ (14,199 ) $ (14,244 ) Fair value of plan assets 14,254 14,416 Funded status $ 55 $ 172 Accumulated benefit obligation $ (14,199 ) $ (14,244 ) June 30, 2019 December 31, 2018 Changes in benefit obligation: Beginning of period $ 14,244 $ 15,883 Service cost 19 39 Interest Cost 295 542 Interest rate change — (1,691 ) Mortality change — (41 ) Loss on accumulated benefit obligations 3 243 Administrative cost (19 ) (39 ) Benefits paid (343 ) (692 ) End of period $ 14,199 $ 14,244 June 30, 2019 December 31, 2018 Changes in plan assets: Fair value of plan assets, beginning of period $ 14,416 $ 14,732 Actual return on plan assets 200 415 Benefits paid (343 ) (692 ) Administrative expenses paid (19 ) (39 ) Fair value of plan assets, end of period $ 14,254 $ 14,416 Note 9. Compensation and Benefit Plans (Continued) Pretax amounts recognized in accumulated other comprehensive loss, which will be amortized into net periodic benefit cost over the coming years, were $9,939 and $9,856 at June 30, 2019 and December 31, 2018, respectively. The components of net periodic benefit costs are as follows for the six months ended June 30, 2019 and 2018: For the Six Months Ended June 30, 2019 2018 Service cost $ 19 $ 20 Interest cost 295 271 Expected return on plan assets (421 ) (430 ) Amortization of prior service cost 13 13 Amortization of loss 129 149 Net periodic benefit cost $ 35 $ 23 Weighted-average assumptions used to determine the net benefit obligations consisted of the following as of June 30, 2019 and December 31, 2018: June 30, December 31, 2019 2018 Discount rate 4.25 % 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 six months ended June 30, 2019 and 2018: For the Six Months Ended June 30, 2019 2018 Discount rate 4.25 % 3.50 % 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. Note 9. Compensation and Benefit Plans (Continued) Pension assets consist solely of funds on deposit in a guaranteed deposit account. The fair value of the pension plan assets at June 30, 2019 and December 31, 2018 was $14,254 and $14,416, 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. Benefits paid for the six months ended June 30, 2019 and 2018 were $343 and $355, respectively. There were no employer contributions during the six months ended June 30, 2019 and 2018. Employee benefit payments expected to be paid in the future are as follows: 2019 $ 371 2020 706 2021 700 2022 718 2023 700 Thereafter 3,569 $ 6,764 401(k) Plan The Company also provides 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. 401(k) expenses recorded in the consolidated statements of income amounted to $77 and $118 for the three months ended June 30, 2019 and 2018, respectively, and $167 and $200 for the six months ended June 30, 2019 and 2018, respectively. Employee Stock Ownership Plan: In connection with the reorganization, the Company established an 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. Note 9. Compensation and Benefit Plans (Continued) 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 periods are recognized, and the shares become outstanding for earnings per share computations. A summary of the ESOP shares as of June 30, 2019 and December 31, 2018 are as follows: For the Six Months Ended For the Year Ended June 30, 2019 December 31, 2018 Shares committed-to-be released 24,126 48,250 Shares to be allocated to participants 96,500 48,250 Unallocated shares 603,125 627,251 Total 723,751 723,751 Fair value of unearned shares $ 8,619 $ 7,991 At June 30, 2019 and December 31, 2018, the Company had $6,308 outstanding of funds borrowed for the ESOP. The Company recognized ESOP related compensation expense, including ESOP equalization expense, of $187 and $213 for the three months ended June 30, 2019 and 2018 and $390 and $378 for the six months ended June 30, 2019 and 2018, respectively. Supplemental Executive Retirement Plan: The Bank maintains a non-qualified supplemental executive retirement plan (“SERP”) for the benefit of one key executive. The SERP expense recognized for the three months ended June 30, 2019 and 2018 was $17 and $15, respectively, and for the six months ended June 30, 2019 and 2018 was $34 and $30 respectively. 2018 Incentive Plan The Company’s stockholders approved the PDL Community Bancorp 2018 Long-Term Incentive Plan (the “2018 Incentive Plan”) at the Special Meeting of Stockholders on October 30, 2018. The maximum number of shares of common stock which can be issued under the 2018 Incentive Plan is 1,248,469. Of the 1,248,469 shares, the maximum number of shares that may be awarded under the 2018 Incentive Plan pursuant to the exercise of stock options or stock appreciation rights (“SARs”) is 891,764 shares (all of which may be granted as incentive stock options), and the number of shares of common stock that may be issued as restricted stock awards or restricted stock units is 356,705 shares. However, the 2018 Incentive Plan contains a flex feature that provides that awards of restricted stock and restricted stock units in excess of the 356,705 share limitation may be granted but each share of stock covered by such excess award shall reduce the 891,764 share limitation for awards of stock options and SARs by 3.0 shares of common stock. The Company converted 462,522 awards of stock options into 154,174 restricted stock units in 2018. Under the 2018 Incentive Plan, the Company made grants equal to 674,645 shares on December 4, 2018 which include 119,176 incentive options to executive officers, 44,590 non-qualified options to outside directors, 40,000 restricted stock units to officers, 322,254 restricted stock units to executive officers and 148,625 shares of restricted stock units to outside directors. Awards to directors generally vest 20% annually beginning with the first anniversary of the date of grant. However, awards to a director with fewer than ten years of service as a director at the time of grant vest at a slower rate. In addition, awards to a director with fewer than five years of service at the time of grant vest over a longer period and will not become fully vested until the director has completed ten years of service. Awards to the executive officer who is not a director vest 20% annually beginning on December 4, 2020. These awards vest at the earliest on December 4, 2019, and at the latest on December 4, 2025. As of June 30, 2019 and December 31, 2018, the maximum number of stock options and SARs and the maximum number of shares of common stock that may be issued as restricted stock or restricted stock units remaining to be awarded under the Incentive Plan for both periods were 265,476 and 0, respectively. If the 2018 Incentive Plan’s flex feature described above were fully utilized, the maximum number of shares of common stock that may be awarded as restricted stock or restricted stock units would be 88,492, but would eliminate the availability of stock options and SARs available for award. Note 9. Compensation and Benefit Plans (Continued) The product of the number of units granted and the grant date market price of the Company’s common stock determine the fair value of restricted stock units under the Company’s 2018 Incentive Plan. Management recognizes compensation expense for the fair value of restricted stock units on a straight-line basis over the requisite service period for the entire award. A summary of the Company’s restricted stock units awards activity and related information for the six months ended June 30, 2019 and year ended December 31, 2018 are as follows: June 30, 2019 Number of Shares Weighted- Average Grant Date Fair Value Per Share Non-vested, beginning of year 510,879 $ 12.77 Granted 29,725 12.93 Forfeited (29,725 ) 12.77 Non-vested at June 30 510,879 $ 12.78 December 31, 2018 Number of Shares Weighted- Average Grant Date Fair Value Per Share Non-vested, beginning of year — $ — Granted 510,879 12.77 Forfeited — — Non-vested at December 31 510,879 $ 12.77 Compensation expense related to restricted stock units for the three and six months ended June 30, 2019, was $308 and $608, respectively. There was no compensation expense related to restricted stock units for the three and six months ended June 30, 2018, respectively. Note 9. Compensation and Benefit Plans (Continued) A summary of the Company’s stock option awards activity and related information for the six months ended June 30, 2019 and year ended December 31, 2018 are as follows: June 30, 2019 Options Weighted- Average Exercise Price Per Share Average Intrinsic Value Outstanding, beginning of year 163,766 $ 12.77 $ — Granted 8,918 12.93 Exercised — — — Forfeited (8,918 ) 12.77 — Outstanding at June 30 163,766 $ 12.78 $ — Exercisable at June 30 — $ 12.78 $ — December 31, 2018 Options Weighted- Average Exercise Price Per Share Average Intrinsic Value Outstanding, beginning of year — $ — — Granted 163,766 12.77 — Exercised — — — Forfeited — — — Outstanding at December 31 163,766 $ 12.77 $ — Exercisable at December 31 — $ 12.77 $ — The weighted-average exercise price for the options as of June 30, 2019 was $12.78 per share. The weighted average remaining contractual life is 9.7 years. There were no shares exercisable as of June 30, 2019 and December 31, 2018. Total compensation cost related to stock options recognized was $22 and $48 for the three and six months ended June 30, 2019, respectively. The weighted average period over which it is expected to be recognized is 6.5 years. There was no compensation expense related to stock options for the three and six months ended June 30, 2018. The fair value of each option grant is estimated on the date of grant using Black-Scholes option pricing model with the following weighted average assumptions: Six Months Ended June 30, 2019 Dividend yield 0.00% Expected life 6.5 years Expected volatility 13.28% Risk-free interest rate 2.16% Weighted average grant date fair value $3.75 The expected volatility is based on a blended rate of the trading history of the Company’s stock price in 2019. The expected life is an estimate based on management’s review of the various factors and calculated using the simplified method for plain vanilla options. The dividend yield assumption is based on the Company’s history and expectation of dividend payouts. Treasury Stock The Company adopted a share repurchase program effective March 25, 2019. Under the program, the Company may repurchase up to 923,151 shares of the Company’s stock, or approximately 5% of the Company’s then current issued and outstanding shares. As of June 30, 2019, the Company had repurchased 476,978 shares at a weighted average price of $14.25 which is reported as treasury stock in the consolidated statement of financial condition.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2019
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 Three Months Ended June 30, For the Six Months Ended June 30, 2019 2018 2019 2018 Dollars in thousands except share data Net income for the period $ 950 $ 699 $ 1,618 $ 1,640 Shares outstanding for basic EPS: Weighted average shares outstanding 18,180,989 18,463,028 18,320,923 18,463,028 Less: Weighted average unallocated Employee Stock Ownership Plan (ESOP) shares 615,055 663,305 621,053 687,607 Basic weighted shares outstanding 17,565,934 17,799,723 17,699,870 17,775,421 Basic earnings per share $ 0.05 $ 0.04 $ 0.09 $ 0.09 Potential dilutive common shares: Add: Dilutive effect of restricted stock awards and stock options 30,734 — 30,734 — Diluted weighted average shares outstanding 17,596,668 17,799,723 17,730,604 17,775,421 Diluted earnings per share $ 0.05 $ 0.04 $ 0.09 $ 0.09

Commitments, Contingencies and

Commitments, Contingencies and Credit Risk	6 Months Ended
	Jun. 30, 2019
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 June 30, 2019 and December 31, 2018 are as follows: June 30, December 31, 2019 2018 Commitments to grant mortgage loans $ 54,996 $ 52,017 Unfunded commitments under lines of credit 33,845 44,752 Standby letters of credit 3,455 7,759 $ 92,296 $ 104,528 Note 11. Commitments, Contingencies and Credit Risk (Continued) Commitments to Grant Mortgage Loans Unfunded Commitments Under Lines of Credit Standby Letters of Credit Concentration by Geographic Location Lease Commitments The projected minimum rental payments under the terms of the leases at June 30, 2019 are as follows: June 30, Remainder of 2019 $ 654 2020 1,345 2021 1,382 2022 1,294 2023 1,279 2024 1,316 Thereafter 5,660 $ 12,930 Legal Matters

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2019
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: 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. Note 12. Fair Value (Continued) 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, and Accrued Interest Payable Available-for-Sale Securities FHLBNY Stock Loans Loans Held for Sale Other Real Estate Owned Deposits Advances From the Federal Home Loan Bank of New York Off-Balance-Sheet Instruments Fair values for off-balance-sheet instruments (lending commitments Note 12. Fair Value (Continued) Pension Plan Assets The following tables detail the assets that are carried at fair value and measured at fair value on a recurring basis as of June 30, 2019 and December 31, 2018, and indicate the level within the fair value hierarchy utilized to determine the fair value: June 30, 2019 Description Total Level 1 Level 2 Level 3 Available-for-Sale Securities: U.S. government and federal agencies $ 20,818 $ — $ 20,818 $ — Mortgage-Backed Securities: FNMA Certificates 614 — 614 — GNMA Certificates 722 — 722 — $ 22,154 $ — $ 22,154 $ — December 31, 2018 Description Total Level 1 Level 2 Level 3 Available-for-Sale Securities: U.S. government and federal agencies $ 20,515 $ — $ 20,515 $ — U.S. Treasury 4,995 4,995 — Mortgage-Backed Securities: FNMA Certificates 759 — 759 — GNMA Certificates 875 — 875 — $ 27,144 $ 4,995 $ 22,149 $ — Management’s 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 June 30, 2019 and December 31, 2018 and indicate the fair value hierarchy utilized to determine the fair value: June 30, 2019 Total Level 1 Level 2 Level 3 Impaired loans $ 19,263 $ — $ — $ 19,263 December 31, 2018 Total Level 1 Level 2 Level 3 Impaired loans $ 17,225 $ — $ — $ 17,225 Losses on assets carried at fair value on a nonrecurring basis were de minimis for the three and six months ended June 30, 2019 and 2018, respectively. 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 2019 and 2018 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. Note 12. Fair Value (Continued) 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 banks may not be meaningful. As of June 30, 2019 and December 31, 2018, the book balances and estimated fair values of the Company's financial instruments were as follows: Carrying Fair Value Measurements Amount Level 1 Level 2 Level 3 Total June 30, 2019 Financial assets: Cash and cash equivalents $ 53,010 $ 53,010 $ — $ — $ 53,010 Available-for-sale securities 22,154 — 22,154 — 22,154 Loans receivable, net 934,236 — — 949,090 949,090 Accrued interest receivable 3,773 — 3,773 — 3,773 FHLBNY stock 4,609 4,609 — — 4,609 Financial liabilities: Deposits: Demand deposits 115,262 115,262 — — 115,262 Interest-bearing deposits 308,082 308,082 — — 308,082 Certificates of deposit 379,064 — 381,659 — 381,659 Advance payments by borrowers for taxes and insurance 6,059 — 6,059 — 6,059 Advances from FHLBNY 79,404 79,404 — — 79,404 Accrued interest payable 88 — 88 — 88 December 31, 2018 Financial assets: Cash and cash equivalents $ 69,778 $ 69,778 $ — $ — $ 69,778 Available-for-sale securities 27,144 4,995 22,149 — 27,144 Loans receivable, net 918,509 — — 926,867 926,867 Accrued interest receivable 3,795 — 3,795 — 3,795 FHLBNY stock 2,915 2,915 — — 2,915 Financial liabilities: Deposits: Demand deposits 115,923 115,923 — — 115,923 Interest-bearing deposits 269,749 269,749 — — 269,749 Certificates of deposit 424,086 — 425,564 — 425,564 Advance payments by borrowers for taxes and insurance 6,037 — 6,037 — 6,037 Advances from FHLBNY 69,404 69,404 — — 69,404 Accrued interest payable 63 — 63 — 63 Off-Balance-Sheet Instruments

Regulatory Capital Requirements

Regulatory Capital Requirements	6 Months Ended
	Jun. 30, 2019
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 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) adjusted total assets (as defined). As of June 30, 2019 and December 31, 2018, 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 11.5% at June 30, 2019 and 11.4% at December 31, 2018. 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, common equity 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 have changed the Bank's category. The Company's and the Bank’s actual capital amounts and ratios as of June 30, 2019 and December 31, 2018 as compared to regulatory requirements are as follows: To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio June 30, 2019 PDL Community Bancorp Total Capital to Risk-Weighted Assets $ 182,606 23.46 % $ 62,266 8.00 % $ 77,832 10.00 % Tier 1 Capital to Risk-Weighted Assets 173,144 22.25 % 46,699 6.00 % 62,266 8.00 % Common Equity Tier 1 Capital Ratio 173,144 22.25 % 35,024 4.50 % 50,591 6.50 % Tier 1 Capital to Total Assets 173,144 16.66 % 41,565 4.00 % 51,956 5.00 % Ponce Bank Total Capital to Risk-Weighted Assets $ 151,818 19.54 % $ 62,143 8.00 % $ 77,679 10.00 % Tier 1 Capital to Risk-Weighted Assets 142,069 18.29 % 46,607 6.00 % 62,143 8.00 % Common Equity Tier 1 Capital Ratio 142,069 18.29 % 34,955 4.50 % 50,491 6.50 % Tier 1 Capital to Total Assets 142,069 13.64 % 41,650 4.00 % 52,063 5.00 % 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, 2018 PDL Community Bancorp Total Capital to Risk-Weighted Assets $ 186,940 24.36 % $ 61,385 8.00 % $ 76,731 10.00 % Tier 1 Capital to Risk-Weighted Assets 177,307 23.11 % 46,038 6.00 % 61,385 8.00 % Common Equity Tier 1 Capital Ratio 177,307 23.11 % 34,529 4.50 % 49,875 6.50 % Tier 1 Capital to Total Assets 177,307 18.13 % 39,114 4.00 % 48,892 5.00 % Ponce Bank Total Capital to Risk-Weighted Assets $ 148,486 19.39 % $ 61,261 8.00 % $ 76,577 10.00 % Tier 1 Capital to Risk-Weighted Assets 138,872 18.14 % 45,946 6.00 % 61,261 8.00 % Common Equity Tier 1 Capital Ratio 138,872 18.14 % 34,459 4.50 % 49,775 6.50 % Tier 1 Capital to Total Assets 138,872 13.66 % 40,652 4.00 % 50,815 5.00 %

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 14. Accumulated Other Comprehensive Income (Loss) The components of accumulated other comprehensive income (loss) are as follows: June 30, 2019 December 31, 2018 Change June 30, 2019 Unrealized gains (losses) on available-for-sale securities, net $ (291 ) $ 260 $ (31 ) Unrealized losses on pension benefits, net (7,844 ) (66 ) (7,910 ) Total $ (8,135 ) $ 194 $ (7,941 ) December 31, 2018 December 31, 2017 Change December 31, 2018 Unrealized losses on available-for-sale securities, net $ (221 ) $ (70 ) $ (291 ) Unrealized losses on pension benefits, net (7,630 ) (214 ) (7,844 ) Total $ (7,851 ) $ (284 ) $ (8,135 )

Transactions With Related Parti

Transactions With Related Parties	6 Months Ended
	Jun. 30, 2019
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 Bank, and it is expected that such persons will continue to have such transactions in the future. Aggregate loan transactions with related parties for the three and six months ended June 30, 2019 and 2018 were as follows: For the Three Months Ended June 30, For the Six Months Ended June 30, 2019 2018 2019 2018 Beginning balance $ 1,255 $ 1,329 $ 1,278 $ 1,351 Originations 20 100 20 111 Payments (19 ) (33 ) (42 ) (66 ) Ending balance $ 1,256 $ 1,396 $ 1,256 $ 1,396 The Company held deposits in the amount of $9,030 and $6,943 from officers and directors at June 30, 2019 and December 31, 2018, respectively.

Nature of Business and Summar_2

Nature of Business and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Financial Statement Presentation	Basis of Presentation and Consolidation: The unaudited interim Consolidated Financial Statements of PDL Community Bancorp (the “Company”) presented herein have been prepared pursuant to the rules of the Securities and Exchange Commission (“SEC”) for quarterly reports on Form 10-Q and do not include all of the information and note disclosures required by the U.S. generally accepted accounting principles (“GAAP”). In the opinion of management, all adjustments and disclosures considered necessary for the fair presentation of the accompanying Consolidated Financial Statements have been included. Interim results are not necessarily reflective of the results for the entire year. The accompanying unaudited Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto for the year ended December 31, 2018 included in the Company’s annual report on Form 10-K. The unaudited interim Consolidated Financial Statements 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.
Nature of Operations	Nature of Operations: The Bank is a federally chartered stock savings association headquartered in the Bronx, New York. It was originally chartered in 1960 as a federally chartered mutual savings and loan association under the name Ponce De Leon Federal Savings and Loan Association. In 1985, the Bank changed its name to “Ponce De Leon Federal Savings Bank.” In 1997, the Bank changed its name again to “Ponce De Leon Federal Bank.” Upon the completion of its reorganization into a mutual holding company (the “MHC”), the assets and liabilities of Ponce De Leon Federal Bank were transferred to and assumed by the Bank, a wholly owned subsidiary of by PDL Community Bancorp. The Bank is subjected 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 banking offices. The banking offices are located in the Bronx (4 branches), Manhattan (2 branches), Queens (3 branches) and Brooklyn (3 branches), New York and Union City (1 branch), 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
Interim Financial Statements	Interim Financial Statements
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, 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 and (2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the discounted present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of impairment is recognized through earnings. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific-identification method. The sale of a held-to-maturity security within three months of its maturity date or after collection of at least 85% of the principal outstanding at the time the security was acquired is considered a maturity for purposes of classification and disclosure.
Federal Home Loan Bank of New York Stock	Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Federal Home Loan Bank of New York Stock
Loans Receivable	Loans Receivable Interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the effective interest yield 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 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 troubled debt restructurings, 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. Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) When a loan is modified to a troubled debt restructuring, management evaluates the loan for any possible impairment using either the discounted cash flows method, where the value of the modified loan is based on the present value of expected cash flows, discounted at the contractual interest rate of the original loan agreement, or by using the fair value of the collateral less selling costs, if repayment under the modified terms becomes doubtful. The general component covers non‑impaired loans and is based on historical loss experience adjusted for current factors. 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	Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Loans Held for Sale .
Transfers of Financial Assets	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 Buildings 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 upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Income tax returns filed for years before 2015 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.
Related Party Transactions	Related Party Transactions
Employee Benefit Plans	Employee Benefit Plans:
Employee Stock Ownership Plan	Employee Stock Ownership Plan:
Stock Options	Stock Options:
Restricted Stock Units	Restricted Stock Units:
Comprehensive Income	Comprehensive Income:
Loss Contingencies	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”)
Treasury Stock	Treasury Stock
Reclassification of Prior Year Presentation	Reclassification of Prior Year Presentation .
Recent Accounting Pronouncements	Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) 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 business entities until such pronouncements are made applicable to nonpublic business entities. As of June 30, 2019, there is no significant difference in the comparability of the consolidated financial statements as a result of this extended transition period. Accounting Guidance Adopted in 2018: In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, “ Revenue from Contracts with Customers (Topic 606),” In March 2016, the FASB issued ASU 2016-09, “Compensation - Stock Compensation (Topic 718).” An entity can make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest (current accounting) or account for forfeitures when they occur. Within the statement of cash flows, excess tax benefits should be classified along with other income tax cash flows as an operating activity, and cash paid by an employer when directly withholding shares for tax-withholding purposes should be classified as a financing activity. The amendments in this ASU are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods, for public business entities. As the Company is taking advantage of the extended transition period for complying with new or revised accounting standards assuming it remains an EGC, it adopted the amendments in this update for the annual period beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018. The adoption of this update did not have a material impact on the Company’s consolidated financial statements. In May 2017, the FASB issued ASU 2017-09, “Compensation – Stock Compensation (Topic 718), Scope of Modification Accounting,” In February 2018, the FASB issued ASU 2018-02, “Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.” Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) Accounting Guidance Not Yet Adopted: In January 2016, the FASB issued ASU 2016-01, “Financial Instruments – Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities.” In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” The 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 currently leases six branches and the new guidance will result in the establishment of a right to use asset and corresponding lease obligations. The Company continues to evaluate the impact of the guidance, including determining whether other contracts exist that are deemed to be in scope and subsequent related accounting standard updates. The Company has established a project committee and has initiated training on ASU 2016-02. In June 2016, the FASB issued ASU 2016-13, “ Measurement of Credit Losses on Financial Instruments.” Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) 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. The Company has selected the CECL model and has begun running scenarios. 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. In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments.” In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230) Restricted Cash 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.” 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.” Note 1. Nature of Business and Summary of Significant Accounting Policies (Continued) In August 2018, the FASB issued ASU 2018-13, “ Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement In August 2018, the FASB issued ASU 2018-14, “Compensation – Retirement Benefits – Defined Benefit Plans – General (Subtopic 715-20): Disclosure Framework –Changes to the Disclosure Requirements for Defined Benefit Plans.” In April 2019, the FASB issued ASU 2019-04, “Codification Improvements to (Topic 326, Financial Instruments-Credit Losses), (Topic 815, Derivatives and Hedging) and (Topic 825, Financial Instruments).”

Nature of Business and Summar_3

Nature of Business and Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2019
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 Buildings 39 Building improvements 15 - 39 Furniture, fixtures, and equipment 3 - 10

Available-for-Sale Securities (

Available-for-Sale Securities (Tables)	6 Months Ended
	Jun. 30, 2019
Investments Debt And Equity Securities [Abstract]
Amortized Cost and Fair Value of Available-for-Sale Securities	The amortized cost and fair value of available-for-sale securities at June 30, 2019 and December 31, 2018 are summarized as follows: June 30, 2019 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value U.S. Government and Federal Agencies $ 20,926 $ — $ (108 ) $ 20,818 Mortgage-Backed Securities: FNMA Certificates 621 — (7 ) 614 GNMA Certificates 702 20 — 722 $ 22,249 $ 20 $ (115 ) $ 22,154 December 31, 2018 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value U.S. Government and Federal Agencies $ 20,924 $ — $ (409 ) $ 20,515 U.S. Treasury 4,997 — (2 ) 4,995 Mortgage-Backed Securities: FNMA Certificates 778 — (19 ) 759 GNMA Certificates 870 5 — 875 $ 27,569 $ 5 $ (430 ) $ 27,144
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 June 30, 2019 and at December 31, 2018: June 30, 2019 Securities With Gross Unrealized Losses Less Than 12 Months 12 Months or More Total Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Government and Federal Agencies $ — $ — $ 20,818 $ (108 ) $ 20,818 $ (108 ) Mortgage-Backed FNMA Certificates — — 614 (7 ) 614 (7 ) $ — $ — $ 21,432 $ (115 ) $ 21,432 $ (115 ) December 31, 2018 Securities With Gross Unrealized Losses Less Than 12 Months 12 Months or More Total Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Government and Federal Agencies $ — $ — $ 20,515 $ (409 ) $ 20,515 $ (409 ) U.S. Treasury 4,995 (2 ) — — 4,995 (2 ) Mortgage-Backed FNMA Certificates — — 759 (19 ) 759 (19 ) $ 4,995 $ (2 ) $ 21,274 $ (428 ) $ 26,269 $ (430 )
Summary of Maturities of Securities	The following is a summary of maturities of securities at June 30, 2019 and December 31, 2018. Amounts are shown by contractual maturity. Because borrowers 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. June 30, 2019 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 10,555 10,511 After one year through five years 10,371 10,307 20,926 20,818 Mortgage-Backed Securities 1,323 1,336 Total $ 22,249 $ 22,154 December 31, 2018 Available-for-Sale Amortized Fair Cost Value U.S. Government and Federal Agency Securities: Amounts maturing: Three months or less $ 4,997 $ 4,995 After three months through one year 4,554 4,497 After one year through five years 16,370 16,018 25,921 25,510 Mortgage-Backed Securities 1,648 1,634 Total $ 27,569 $ 27,144

Loans Receivable and Allowanc_2

Loans Receivable and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Summary of Loans	Loans at June 30, 2019 and December 31, 2018 are summarized as follows: June 30, December 31, 2019 2018 Mortgage loans: 1-4 Family residential Investor-Owned $ 302,428 $ 303,197 Owner-Occupied 92,904 92,788 Multifamily residential 238,974 232,509 Nonresidential properties 197,367 196,917 Construction and land 100,995 87,572 Nonmortgage loans: Business loans 11,373 15,710 Consumer loans 1,151 1,068 945,192 929,761 Net deferred loan origination costs 1,562 1,407 Allowance for loan losses (12,518 ) (12,659 ) Loans receivable, net $ 934,236 $ 918,509
Schedule of Credit Risk Ratings by Loan Segment	The following tables present credit risk ratings by loan segment as of June 30, 2019 and December 31, 2018: June 30, 2019 Mortgage Loans Nonmortgage Loans Construction Total 1-4 Family Multifamily Nonresidential and Land Business Consumer Loans Risk Rating: Pass $ 382,299 $ 237,916 $ 193,103 $ 81,531 $ 10,993 $ 1,149 $ 906,991 Special mention 3,741 — — 11,548 380 — 15,669 Substandard 9,292 1,058 4,264 7,916 — 2 22,532 Total $ 395,332 $ 238,974 $ 197,367 $ 100,995 $ 11,373 $ 1,151 $ 945,192 December 31, 2018 Mortgage Loans Nonmortgage Loans Construction Total 1-4 Family Multifamily Nonresidential and Land Business Consumer Loans Risk Rating: Pass $ 383,123 $ 231,422 $ 195,327 $ 71,438 $ 14,324 $ 1,068 $ 896,702 Special mention 3,728 775 — 8,505 1,386 — 14,394 Substandard 9,134 312 1,590 7,629 — — 18,665 Total $ 395,985 $ 232,509 $ 196,917 $ 87,572 $ 15,710 $ 1,068 $ 929,761
Schedule of Aging Analysis of Loans	An aging analysis of loans, as of June 30, 2019 and December 31, 2018, is as follows: June 30, 2019 30-59 60-89 Over Over Days Days 90 Days Nonaccrual 90 Days Current Past Due Past Due Past Due Total Loans Accruing Mortgage loans: 1-4 Family residential Investor-Owned $ 301,347 $ — $ — $ 1,081 $ 302,428 $ 1,760 $ — Owner-Occupied 90,771 1,108 598 427 92,904 2,993 — Multifamily residential 238,967 — 7 — 238,974 7 — Nonresidential properties 193,716 — 2,715 936 197,367 3,992 — Construction and land 100,846 — — 149 100,995 1,316 — Nonmortgage loans: Business 10,993 — 380 — 11,373 — — Consumer 1,151 — — — 1,151 2 — Total $ 937,791 $ 1,108 $ 3,700 $ 2,593 $ 945,192 $ 10,070 $ — December 31, 2018 30-59 60-89 Over Over Days Days 90 Days Nonaccrual 90 Days Current Past Due Past Due Past Due Total Loans Accruing Mortgage loans: 1-4 Family residential Investor-Owned $ 296,188 $ 6,539 $ 470 $ — $ 303,197 $ 1,258 $ — Owner-Occupied 89,610 1,609 574 995 92,788 3,079 — Multifamily residential 231,514 995 — — 232,509 16 — Nonresidential properties 195,861 — 4 1,052 196,917 1,310 — Construction and land 87,572 — — — 87,572 1,115 — Nonmortgage loans: Business 15,418 292 — — 15,710 — — Consumer 1,068 — — — 1,068 — — Total $ 917,231 $ 9,435 $ 1,048 $ 2,047 $ 929,761 $ 6,778 $ —
Schedule of Composition of Allowance for Loan Losses and Related Recorded 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 recorded investment in loans as of June 30, 2019 and 2018, and December 31, 2018: For the Six Months Ended June 30, 2019 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 Allowance for loan losses: Balance, beginning of period $ 3,799 $ 1,208 $ 3,829 $ 1,925 $ 1,631 $ 260 $ 7 $ — $ 12,659 Provision charged to expense (248 ) (40 ) (116 ) (2 ) (98 ) 651 2 149 Losses charged-off — — — — — (402 ) — — (402 ) Recoveries 23 — — 5 — 24 2 58 112 Balance, end of period $ 3,574 $ 1,168 $ 3,713 $ 1,928 $ 1,533 $ 533 $ 11 $ 58 $ 12,518 Ending balance: individually evaluated for impairment $ 273 $ 527 $ — $ 124 $ — $ — $ 2 $ — $ 926 Ending balance: collectively evaluated for impairment 3,301 641 3,713 1,804 1,533 533 9 58 11,592 Total $ 3,574 $ 1,168 $ 3,713 $ 1,928 $ 1,533 $ 533 $ 11 $ 58 $ 12,518 Loans: Ending balance: individually evaluated for impairment $ 7,058 $ 5,471 $ 7 $ 5,360 $ 1,327 $ 38 $ 2 $ — $ 19,263 Ending balance: collectively evaluated for impairment 295,370 87,433 238,967 192,007 99,668 11,335 1,149 — 925,929 Total $ 302,428 $ 92,904 $ 238,974 $ 197,367 $ 100,995 $ 11,373 $ 1,151 $ — $ 945,192 For the Three Months Ended June 30, 2019 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 Allowance for loan losses: Balance, beginning of period $ 3,551 $ 1,168 $ 3,713 $ 1,925 $ 1,533 $ 549 10 $ — $ 12,449 Provision charged to expense — — — — — — — — — Losses charged-off — — — — — (25 ) — — (25 ) Recoveries 23 — — 3 — 9 1 58 94 Balance, end of period $ 3,574 $ 1,168 $ 3,713 $ 1,928 $ 1,533 $ 533 $ 11 $ 58 $ 12,518 Note 4. Loans Receivable and Allowance for Loan Losses (Continued) For the Six Months Ended June 30, 2018 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 Allowance for loan losses: Balance, beginning of period $ 3,716 $ 1,402 $ 3,109 $ 1,424 $ 1,205 $ 209 $ 6 $ — $ 11,071 Provision charged to expense (30 ) (312 ) 531 250 86 (94 ) — — 431 Losses charged-off — — — — — (18 ) — — (18 ) Recoveries 1 175 — 5 — 83 3 — 267 Balance, end of period $ 3,687 $ 1,265 $ 3,640 $ 1,679 $ 1,291 $ 180 $ 9 $ — $ 11,751 Ending balance: individually evaluated for impairment $ 310 $ 297 $ — $ 36 $ — $ — $ — $ — $ 643 Ending balance: collectively evaluated for impairment 3,377 968 3,640 1,643 1,291 180 9 — 11,108 Total $ 3,687 $ 1,265 $ 3,640 $ 1,679 $ 1,291 $ 180 $ 9 $ — $ 11,751 Loans: Ending balance: individually evaluated for impairment $ 7,014 $ 7,399 $ — $ 2,207 $ 1,111 $ 421 $ — $ — $ 18,152 Ending balance: collectively evaluated for impairment 289,476 84,809 218,210 166,581 71,463 11,277 1,027 — 842,843 Total $ 296,490 $ 92,208 $ 218,210 $ 168,788 $ 72,574 $ 11,698 $ 1,027 $ — $ 860,995 . For the Three Months Ended June 30, 2018 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 Allowance for loan losses: Balance, beginning of period $ 3,689 $ 1,370 $ 3,385 $ 1,517 $ 1,212 $ 228 $ 8 $ — $ 11,409 Provision charged to expense (3 ) (107 ) 255 160 79 (46 ) (1 ) — 337 Losses charged-off — — — — — (13 ) — — (13 ) Recoveries 1 2 — 2 — 11 2 — 18 Balance, end of period $ 3,687 $ 1,265 $ 3,640 $ 1,679 $ 1,291 $ 180 $ 9 $ — $ 11,751 Note 4. Loans Receivable and Allowance for Loan Losses (Continued) For the Year Ended December 31, 2018 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 Allowance for loan losses: Balance, beginning of year $ 3,716 $ 1,402 $ 3,109 $ 1,424 $ 1,205 $ 209 $ 6 $ — $ 11,071 Provision charged to expense 82 (444 ) 720 492 426 (37 ) 10 — 1,249 Losses charged-off — — — — — (34 ) (14 ) — (48 ) Recoveries 1 250 — 9 — 122 5 — 387 Balance, end of year $ 3,799 $ 1,208 $ 3,829 $ 1,925 $ 1,631 $ 260 $ 7 $ — $ 12,659 Ending balance: individually evaluated for impairment $ 349 $ 234 $ — $ 35 $ — $ — $ — $ — $ 618 Ending balance: collectively evaluated for impairment 3,450 974 3,829 1,890 1,631 260 7 — 12,041 Total $ 3,799 $ 1,208 $ 3,829 $ 1,925 $ 1,631 $ 260 $ 7 $ — $ 12,659 Loans: Ending balance: individually evaluated for impairment $ 6,452 $ 6,525 $ 16 $ 2,750 $ 1,108 $ 374 $ — $ — $ 17,225 Ending balance: collectively evaluated for impairment 296,745 86,263 232,493 194,167 86,464 15,336 1,068 — 912,536 Total $ 303,197 $ 92,788 $ 232,509 $ 196,917 $ 87,572 $ 15,710 $ 1,068 $ — $ 929,761
Schedule of Information Relates to Impaired Loans	Note 4. Loans Receivable and Allowance for Loan Losses (Continued) The following information relates to impaired loans as of and for the six months ended June 30, 2019 and 2018 and for the year ended December 31, 2018: Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized For the Six Months Ended June 30, 2019 Balance Allowance Allowance Investment Allowance Investment on a Cash Basis Mortgage loans: 1-4 Family residential $ 13,588 $ 7,944 $ 4,585 $ 12,529 $ 800 $ 13,438 $ 323 Multifamily residential 7 7 — 7 — 7 — Nonresidential properties 5,463 4,887 473 5,360 124 3,096 67 Construction and land 1,614 1,327 — 1,327 — 1,200 1 Nonmortgage loans: Business 40 38 — 38 — 309 1 Consumer 2 — 2 2 2 1 — Total $ 20,714 $ 14,203 $ 5,060 $ 19,263 $ 926 $ 18,051 $ 392 Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized For the Six Months Ended June 30, 2018 Balance Allowance Allowance Investment Allowance Investment on a Cash Basis Mortgage loans: 1-4 Family residential $ 15,597 $ 7,787 $ 6,626 $ 14,413 $ 607 $ 17,101 $ 371 Multifamily residential — — — — — 104 — Nonresidential properties 2,421 1,719 488 2,207 36 3,753 71 Construction and land 1,321 1,111 — 1,111 — 1,073 — Nonmortgage loans: Business 464 421 — 421 — 515 12 Consumer — — — — — — — Total $ 19,803 $ 11,038 $ 7,114 $ 18,152 $ 643 $ 22,546 $ 454 Unpaid Contractual Recorded Investment Recorded Investment Total Average Interest Income Principal With No With Recorded Related Recorded Recognized December 31, 2018 Balance Allowance Allowance Investment Allowance Investment on a Cash Basis Mortgage loans: 1-4 Family residential $ 12,985 $ 7,080 $ 5,898 $ 12,978 $ 583 $ 15,163 $ 758 Multifamily residential 16 16 — 16 — 36 3 Nonresidential properties 2,748 2,270 480 2,750 35 3,230 172 Construction and land 1,115 1,107 — 1,107 — 1,094 — Nonmortgage loans: Business 374 374 — 374 — 454 22 Consumer — — — — — — — Total $ 17,238 $ 10,847 $ 6,378 $ 17,225 $ 618 $ 19,977 $ 955
Schedule of Troubled Debt Restructuring	During the six months ended June 30, 2019 there was one troubled debt restructuring and as of and for the year ended December 31, 2018, there were no loans restructured as troubled debt restructuring. Loans Restructured During All TDRs with a payment default within 12 months following the Six Months Ended June 30, 2019 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 $ 275 $ 283 — $ — Total 1 $ 275 $ 283 — $ — Combination of rate, maturity, other 1 $ 275 $ 283 — $ — Total 1 $ 275 $ 283 — $ — Loans Restructured During All TDRs with a payment default within 12 months following the Year Ended December 31, 2018 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 Total — $ — $ — 1 $ 176 Combination of rate, maturity, other — $ — $ — 1 $ 176 Total — $ — $ — 1 $ 176

Premises and Equipment (Tables)

Premises and Equipment (Tables)	6 Months Ended
	Jun. 30, 2019
Property Plant And Equipment [Abstract]
Summary of Premises and Equipment	Premises and equipment at June 30, 2019 and December 31, 2018 are summarized as follows: June 30, December 31, 2019 2018 Land $ 3,979 $ 3,979 Buildings and improvements 16,756 16,423 Leasehold improvements 24,461 23,430 Furniture, fixtures and equipment 8,493 7,728 53,689 51,560 Less: accumulated depreciation and amortization (21,484 ) (20,425 ) Total premises and equipment $ 32,205 $ 31,135

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2019
Banking And Thrift [Abstract]
Summarized Deposits	Deposits at June 30, 2019 and December 31, 2018 are summarized as follows: June 30, December 31, 2019 2018 Demand $ 115,262 $ 115,923 Interest-bearing deposits: NOW/IOLA accounts 23,018 30,783 Money market accounts 158,318 116,175 Savings accounts 126,746 122,791 Total savings, NOW and money market 308,082 269,749 Certificates of deposit of $250K or more 82,767 90,195 Certificates of deposit less than $250K 296,297 333,891 Total certificates of deposit 379,064 424,086 Total interest-bearing deposits 687,146 693,835 Total deposits $ 802,408 $ 809,758
Scheduled Maturities of Certificates of Deposit	At June 30, 2019 scheduled maturities of certificates of deposit were as follows: June 30, 2020 $ 181,013 2021 115,561 2022 60,078 2023 11,593 2024 10,819 $ 379,064

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Schedule of Borrowed Funds FHLBNY and Correspondent Bank Advances Maturity and Call Date	Borrowed funds at June 30, 2019 and December 31, 2018 consist of the following and are summarized by maturity and call date below: June 30, December 31, 2019 2018 Scheduled Maturity Redeemable at Call Date Weighted Average Rate Scheduled Maturity Redeemable at Call Date Weighted Average Rate Correspondent Bank Overnight line of credit advance $ — $ — — % $ 25,000 $ 25,000 2.64 % FHLBNY Term advances ending: 2020 8,029 8,029 2.86 8,029 8,029 2.86 2021 3,000 3,000 1.84 3,000 3,000 1.84 2022 40,000 40,000 2.13 5,000 5,000 1.97 2023 28,375 28,375 2.82 28,375 28,375 2.82 $ 79,404 $ 79,404 2.44 % $ 69,404 $ 69,404 2.69 %

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The provision for income taxes for the three and six months ended June 30, 2019 and 2018 consist of the following: For the Three Months Ended June 30, For the Six Months Ended June 30, 2019 2018 2019 2018 Federal: Current $ 377 $ 110 $ 651 $ 195 Deferred (41 ) 60 (33 ) 190 336 170 618 385 State and local: Current 84 48 185 121 Deferred (215 ) (252 ) (504 ) (356 ) (131 ) (204 ) (319 ) (235 ) Valuation allowance 168 200 381 284 Provision for income taxes $ 373 $ 166 $ 680 $ 434
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 21% for the three and six months ended June 30, 2019 and 2018, respectively, to income before income taxes as a result of the following: For the Three Months Ended June 30, For the Six Months Ended June 30, 2019 2018 2019 2018 Income tax, at federal rate $ 278 $ 182 $ 483 $ 436 State and local tax, net of federal taxes (102 ) (160 ) (252 ) (185 ) Valuation allowance, net of the federal benefit 168 200 381 284 Other 29 (56 ) 68 (101 ) $ 373 $ 166 $ 680 $ 434
Schedule of Significant Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at June 30, 2019 and December 31, 2018 are presented below: June 30, At December 31, 2019 2018 Deferred tax assets: Allowance for loan losses $ 3,879 $ 3,939 Pension obligations 2,119 2,102 Interest on nonaccrual loans 143 74 Unrealized loss on available-for-sale securities 20 91 Amortization of intangible assets 93 102 Deferred rent payable 64 153 Net operating losses 3,432 3,111 Charitable contribution carryforward 1,624 1,694 Other 517 235 Total gross deferred tax assets 11,891 11,501 Deferred tax liabilities: Cumulative contribution in excess of net periodic benefit costs, net 3,103 3,120 Depreciation and amortization of premises and equipment 100 222 Deferred loan fees 484 438 Other 6 6 Total gross deferred tax liabilities 3,693 3,786 Valuation allowance 4,285 3,904 Net deferred tax assets $ 3,913 $ 3,811

Compensation and Benefit Plans

Compensation and Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2019
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 June 30, 2019 and December 31, 2018 using a measurement date as of June 30, 2019 and December 31, 2018, respectively: June 30, 2019 December 31, 2018 Projected benefit obligation $ (14,199 ) $ (14,244 ) Fair value of plan assets 14,254 14,416 Funded status $ 55 $ 172 Accumulated benefit obligation $ (14,199 ) $ (14,244 ) June 30, 2019 December 31, 2018 Changes in benefit obligation: Beginning of period $ 14,244 $ 15,883 Service cost 19 39 Interest Cost 295 542 Interest rate change — (1,691 ) Mortality change — (41 ) Loss on accumulated benefit obligations 3 243 Administrative cost (19 ) (39 ) Benefits paid (343 ) (692 ) End of period $ 14,199 $ 14,244 June 30, 2019 December 31, 2018 Changes in plan assets: Fair value of plan assets, beginning of period $ 14,416 $ 14,732 Actual return on plan assets 200 415 Benefits paid (343 ) (692 ) Administrative expenses paid (19 ) (39 ) Fair value of plan assets, end of period $ 14,254 $ 14,416
Components of Net Periodic Benefit Costs	The components of net periodic benefit costs are as follows for the six months ended June 30, 2019 and 2018: For the Six Months Ended June 30, 2019 2018 Service cost $ 19 $ 20 Interest cost 295 271 Expected return on plan assets (421 ) (430 ) Amortization of prior service cost 13 13 Amortization of loss 129 149 Net periodic benefit cost $ 35 $ 23
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 June 30, 2019 and December 31, 2018: June 30, December 31, 2019 2018 Discount rate 4.25 % 4.25 % Rate of compensation increase 0.00 % 0.00 %
Weighted Average Assumptions Used to Determine Net Benefit Cost	Weighted-average assumptions used to determine the net benefit cost consisted of the following for six months ended June 30, 2019 and 2018: For the Six Months Ended June 30, 2019 2018 Discount rate 4.25 % 3.50 % Rate of compensation increase 0.00 % 0.00 % Expected long-term rate of return on assets 6.00 % 6.00 %
Expected Employee Benefit Payments	Employee benefit payments expected to be paid in the future are as follows: 2019 $ 371 2020 706 2021 700 2022 718 2023 700 Thereafter 3,569 $ 6,764
Summary of ESOP Shares	A summary of the ESOP shares as of June 30, 2019 and December 31, 2018 are as follows: For the Six Months Ended For the Year Ended June 30, 2019 December 31, 2018 Shares committed-to-be released 24,126 48,250 Shares to be allocated to participants 96,500 48,250 Unallocated shares 603,125 627,251 Total 723,751 723,751 Fair value of unearned shares $ 8,619 $ 7,991
Schedule of Restricted Stock Awards Activity and Related Information	A summary of the Company’s restricted stock units awards activity and related information for the six months ended June 30, 2019 and year ended December 31, 2018 are as follows: June 30, 2019 Number of Shares Weighted- Average Grant Date Fair Value Per Share Non-vested, beginning of year 510,879 $ 12.77 Granted 29,725 12.93 Forfeited (29,725 ) 12.77 Non-vested at June 30 510,879 $ 12.78 December 31, 2018 Number of Shares Weighted- Average Grant Date Fair Value Per Share Non-vested, beginning of year — $ — Granted 510,879 12.77 Forfeited — — Non-vested at December 31 510,879 $ 12.77
Schedule of Stock Option Awards Activity and Related Information	A summary of the Company’s stock option awards activity and related information for the six months ended June 30, 2019 and year ended December 31, 2018 are as follows: June 30, 2019 Options Weighted- Average Exercise Price Per Share Average Intrinsic Value Outstanding, beginning of year 163,766 $ 12.77 $ — Granted 8,918 12.93 Exercised — — — Forfeited (8,918 ) 12.77 — Outstanding at June 30 163,766 $ 12.78 $ — Exercisable at June 30 — $ 12.78 $ — December 31, 2018 Options Weighted- Average Exercise Price Per Share Average Intrinsic Value Outstanding, beginning of year — $ — — Granted 163,766 12.77 — Exercised — — — Forfeited — — — Outstanding at December 31 163,766 $ 12.77 $ — Exercisable at December 31 — $ 12.77 $ —
Schedule of Fair Value of Option Grant Using Black-Scholes Option Pricing Model With Weighted Average Assumptions	The fair value of each option grant is estimated on the date of grant using Black-Scholes option pricing model with the following weighted average assumptions: Six Months Ended June 30, 2019 Dividend yield 0.00% Expected life 6.5 years Expected volatility 13.28% Risk-free interest rate 2.16% Weighted average grant date fair value $3.75

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2019
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 Three Months Ended June 30, For the Six Months Ended June 30, 2019 2018 2019 2018 Dollars in thousands except share data Net income for the period $ 950 $ 699 $ 1,618 $ 1,640 Shares outstanding for basic EPS: Weighted average shares outstanding 18,180,989 18,463,028 18,320,923 18,463,028 Less: Weighted average unallocated Employee Stock Ownership Plan (ESOP) shares 615,055 663,305 621,053 687,607 Basic weighted shares outstanding 17,565,934 17,799,723 17,699,870 17,775,421 Basic earnings per share $ 0.05 $ 0.04 $ 0.09 $ 0.09 Potential dilutive common shares: Add: Dilutive effect of restricted stock awards and stock options 30,734 — 30,734 — Diluted weighted average shares outstanding 17,596,668 17,799,723 17,730,604 17,775,421 Diluted earnings per share $ 0.05 $ 0.04 $ 0.09 $ 0.09

Commitments, Contingencies an_2

Commitments, Contingencies and Credit Risk (Tables)	6 Months Ended
	Jun. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Financial Instruments Whose Contractual Amounts Represent Credit Risk	Financial instruments whose contractual amounts represent credit risk at June 30, 2019 and December 31, 2018 are as follows: June 30, December 31, 2019 2018 Commitments to grant mortgage loans $ 54,996 $ 52,017 Unfunded commitments under lines of credit 33,845 44,752 Standby letters of credit 3,455 7,759 $ 92,296 $ 104,528
Projected Minimum Rental Payments under Terms of Leases	The projected minimum rental payments under the terms of the leases at June 30, 2019 are as follows: June 30, Remainder of 2019 $ 654 2020 1,345 2021 1,382 2022 1,294 2023 1,279 2024 1,316 Thereafter 5,660 $ 12,930

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Assets Measured at Fair Value on Recurring Basis	The following tables detail the assets that are carried at fair value and measured at fair value on a recurring basis as of June 30, 2019 and December 31, 2018, and indicate the level within the fair value hierarchy utilized to determine the fair value: June 30, 2019 Description Total Level 1 Level 2 Level 3 Available-for-Sale Securities: U.S. government and federal agencies $ 20,818 $ — $ 20,818 $ — Mortgage-Backed Securities: FNMA Certificates 614 — 614 — GNMA Certificates 722 — 722 — $ 22,154 $ — $ 22,154 $ — December 31, 2018 Description Total Level 1 Level 2 Level 3 Available-for-Sale Securities: U.S. government and federal agencies $ 20,515 $ — $ 20,515 $ — U.S. Treasury 4,995 4,995 — Mortgage-Backed Securities: FNMA Certificates 759 — 759 — GNMA Certificates 875 — 875 — $ 27,144 $ 4,995 $ 22,149 $ —
Assets Measured at Fair Value on Nonrecurring Basis	Management’s 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 June 30, 2019 and December 31, 2018 and indicate the fair value hierarchy utilized to determine the fair value: June 30, 2019 Total Level 1 Level 2 Level 3 Impaired loans $ 19,263 $ — $ — $ 19,263 December 31, 2018 Total Level 1 Level 2 Level 3 Impaired loans $ 17,225 $ — $ — $ 17,225
Estimated Fair Values of Financial Instruments	As of June 30, 2019 and December 31, 2018, the book balances and estimated fair values of the Company's financial instruments were as follows: Carrying Fair Value Measurements Amount Level 1 Level 2 Level 3 Total June 30, 2019 Financial assets: Cash and cash equivalents $ 53,010 $ 53,010 $ — $ — $ 53,010 Available-for-sale securities 22,154 — 22,154 — 22,154 Loans receivable, net 934,236 — — 949,090 949,090 Accrued interest receivable 3,773 — 3,773 — 3,773 FHLBNY stock 4,609 4,609 — — 4,609 Financial liabilities: Deposits: Demand deposits 115,262 115,262 — — 115,262 Interest-bearing deposits 308,082 308,082 — — 308,082 Certificates of deposit 379,064 — 381,659 — 381,659 Advance payments by borrowers for taxes and insurance 6,059 — 6,059 — 6,059 Advances from FHLBNY 79,404 79,404 — — 79,404 Accrued interest payable 88 — 88 — 88 December 31, 2018 Financial assets: Cash and cash equivalents $ 69,778 $ 69,778 $ — $ — $ 69,778 Available-for-sale securities 27,144 4,995 22,149 — 27,144 Loans receivable, net 918,509 — — 926,867 926,867 Accrued interest receivable 3,795 — 3,795 — 3,795 FHLBNY stock 2,915 2,915 — — 2,915 Financial liabilities: Deposits: Demand deposits 115,923 115,923 — — 115,923 Interest-bearing deposits 269,749 269,749 — — 269,749 Certificates of deposit 424,086 — 425,564 — 425,564 Advance payments by borrowers for taxes and insurance 6,037 — 6,037 — 6,037 Advances from FHLBNY 69,404 69,404 — — 69,404 Accrued interest payable 63 — 63 — 63

Regulatory Capital Requiremen_2

Regulatory Capital Requirements (Tables)	6 Months Ended
	Jun. 30, 2019
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 June 30, 2019 and December 31, 2018 as compared to regulatory requirements are as follows: To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio June 30, 2019 PDL Community Bancorp Total Capital to Risk-Weighted Assets $ 182,606 23.46 % $ 62,266 8.00 % $ 77,832 10.00 % Tier 1 Capital to Risk-Weighted Assets 173,144 22.25 % 46,699 6.00 % 62,266 8.00 % Common Equity Tier 1 Capital Ratio 173,144 22.25 % 35,024 4.50 % 50,591 6.50 % Tier 1 Capital to Total Assets 173,144 16.66 % 41,565 4.00 % 51,956 5.00 % Ponce Bank Total Capital to Risk-Weighted Assets $ 151,818 19.54 % $ 62,143 8.00 % $ 77,679 10.00 % Tier 1 Capital to Risk-Weighted Assets 142,069 18.29 % 46,607 6.00 % 62,143 8.00 % Common Equity Tier 1 Capital Ratio 142,069 18.29 % 34,955 4.50 % 50,491 6.50 % Tier 1 Capital to Total Assets 142,069 13.64 % 41,650 4.00 % 52,063 5.00 % 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, 2018 PDL Community Bancorp Total Capital to Risk-Weighted Assets $ 186,940 24.36 % $ 61,385 8.00 % $ 76,731 10.00 % Tier 1 Capital to Risk-Weighted Assets 177,307 23.11 % 46,038 6.00 % 61,385 8.00 % Common Equity Tier 1 Capital Ratio 177,307 23.11 % 34,529 4.50 % 49,875 6.50 % Tier 1 Capital to Total Assets 177,307 18.13 % 39,114 4.00 % 48,892 5.00 % Ponce Bank Total Capital to Risk-Weighted Assets $ 148,486 19.39 % $ 61,261 8.00 % $ 76,577 10.00 % Tier 1 Capital to Risk-Weighted Assets 138,872 18.14 % 45,946 6.00 % 61,261 8.00 % Common Equity Tier 1 Capital Ratio 138,872 18.14 % 34,459 4.50 % 49,775 6.50 % Tier 1 Capital to Total Assets 138,872 13.66 % 40,652 4.00 % 50,815 5.00 %

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Components of Accumulated Other Comprehensive Income (Loss)	The components of accumulated other comprehensive income (loss) are as follows: June 30, 2019 December 31, 2018 Change June 30, 2019 Unrealized gains (losses) on available-for-sale securities, net $ (291 ) $ 260 $ (31 ) Unrealized losses on pension benefits, net (7,844 ) (66 ) (7,910 ) Total $ (8,135 ) $ 194 $ (7,941 ) December 31, 2018 December 31, 2017 Change December 31, 2018 Unrealized losses on available-for-sale securities, net $ (221 ) $ (70 ) $ (291 ) Unrealized losses on pension benefits, net (7,630 ) (214 ) (7,844 ) Total $ (7,851 ) $ (284 ) $ (8,135 )

Transactions With Related Par_2

Transactions With Related Parties (Tables)	6 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Schedule of Aggregate Loan Transactions with Related Parties	Aggregate loan transactions with related parties for the three and six months ended June 30, 2019 and 2018 were as follows: For the Three Months Ended June 30, For the Six Months Ended June 30, 2019 2018 2019 2018 Beginning balance $ 1,255 $ 1,329 $ 1,278 $ 1,351 Originations 20 100 20 111 Payments (19 ) (33 ) (42 ) (66 ) Ending balance $ 1,256 $ 1,396 $ 1,256 $ 1,396

Nature of Business and Summar_4

Nature of Business and Summary of Significant Accounting Policies - Additional Information (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)BranchOfficeSegmentBranchLease
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Number of branch banking offices	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%
Number of reportable operating segment | Segment	1
Reclassification of certain income tax effects from accumulated other comprehensive income | $	$ 1,281
Number of leases branches | BranchLease	6
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
Bronx
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Number of branch banking offices	4
Manhattan
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Number of branch banking offices	2
Queens
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Number of branch banking offices	3
Brooklyn
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Number of branch banking offices	3
New York and Union City
Nature Of Business And Summary Of Significant Accounting Policies Table Of Statement [Line Items]
Number of branch banking offices	1

Nature of Business and Summar_5

Nature of Business and Summary of Significant Accounting Policies - Estimated Useful Lives of Assets (Details)	6 Months Ended
	Jun. 30, 2019
Buildings
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 _2

Restrictions on Cash and Due From Banks - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Cash And Cash Equivalents [Abstract]
Restricted cash	$ 5,407	$ 44,717
Required reserve balances in cash or on deposit with the Federal Reserve Bank	$ 4,474	$ 4,375

Available-for-Sale Securities -

Available-for-Sale Securities - Amortized Cost and Fair Value of Available-for-Sale Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	$ 22,249	$ 27,569
Gross Unrealized Gains	20	5
Gross Unrealized Losses	(115)	(430)
Fair Value	22,154	27,144
U.S. Government and Federal Agencies
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	20,926	20,924
Gross Unrealized Losses	(108)	(409)
Fair Value	20,818	20,515
FNMA Certificates
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	621	778
Gross Unrealized Losses	(7)	(19)
Fair Value	614	759
GNMA Certificates
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	702	870
Gross Unrealized Gains	20	5
Fair Value	$ 722	875
US Treasury
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost		4,997
Gross Unrealized Losses		(2)
Fair Value		$ 4,995

Available-for-Sale Securities_2

Available-for-Sale Securities - Additional Information (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)Security	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)Security	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)Security
Investments Debt And Equity Securities [Abstract]
Held to maturity	$ 0		$ 0		$ 0
Sale of available-for-sale securities	$ 0	$ 0	$ 0	$ 0
Number of available for sale securities | Security	11		11		12
Number of investment securities not other than temporary | Security	10		10		11
Securities pledged	$ 0		$ 0		$ 0

Available-for-Sale Securities_3

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	Jun. 30, 2019	Dec. 31, 2018
Schedule Of Available For Sale Securities [Line Items]
Securities With Gross Unrealized Losses Less Than 12 Months, Fair Value		$ 4,995
Securities With Gross Unrealized Losses Less Than 12 Months, Unrealized Losses		(2)
Securities With Gross Unrealized Losses 12 Months or More, Fair Value	$ 21,432	21,274
Securities With Gross Unrealized Losses 12 Months or More, Unrealized Losses	(115)	(428)
Securities With Gross Unrealized Losses, Total Fair Value	21,432	26,269
Securities With Gross Unrealized Losses, Total Unrealized Losses	(115)	(430)
U.S. Government and Federal Agencies
Schedule Of Available For Sale Securities [Line Items]
Securities With Gross Unrealized Losses 12 Months or More, Fair Value	20,818	20,515
Securities With Gross Unrealized Losses 12 Months or More, Unrealized Losses	(108)	(409)
Securities With Gross Unrealized Losses, Total Fair Value	20,818	20,515
Securities With Gross Unrealized Losses, Total Unrealized Losses	(108)	(409)
FNMA Certificates
Schedule Of Available For Sale Securities [Line Items]
Securities With Gross Unrealized Losses 12 Months or More, Fair Value	614	759
Securities With Gross Unrealized Losses 12 Months or More, Unrealized Losses	(7)	(19)
Securities With Gross Unrealized Losses, Total Fair Value	614	759
Securities With Gross Unrealized Losses, Total Unrealized Losses	$ (7)	(19)
US Treasury
Schedule Of Available For Sale Securities [Line Items]
Securities With Gross Unrealized Losses Less Than 12 Months, Fair Value		4,995
Securities With Gross Unrealized Losses Less Than 12 Months, Unrealized Losses		(2)
Securities With Gross Unrealized Losses, Total Fair Value		4,995
Securities With Gross Unrealized Losses, Total Unrealized Losses		$ (2)

Available-for-Sale Securities_4

Available-for-Sale Securities - Summary of Maturities of Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Schedule Of Available For Sale Securities [Line Items]
Available-for-Sale Securities, Amortized Cost	$ 22,249	$ 27,569
Available-for-sale securities, at fair value (Note 3)	22,154	27,144
U.S. Government and Federal Agencies
Schedule Of Available For Sale Securities [Line Items]
Available-for-Sale Securities Three months or less, Amortized Cost		4,997
Available-for-Sale Securities After three months through one year, Amortized Cost	10,555	4,554
Available-for-Sale Securities After one year through five years, Amortized Cost	10,371	16,370
Available-for-Sale Securities, Amortized Cost	20,926	25,921
Available-for-Sale Securities Three months or less, Fair Value		4,995
Available-for-Sale Securities After three months through one year, Fair Value	10,511	4,497
Available-for-Sale Securities After one year through five years, Fair Value	10,307	16,018
Available-for-sale securities, at fair value (Note 3)	20,818	25,510
Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Available-for-Sale Securities, Amortized Cost	1,323	1,648
Available-for-sale securities, at fair value (Note 3)	$ 1,336	$ 1,634

Summary of Loans (Details)

Summary of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	$ 945,192	$ 929,761
Net deferred loan origination costs	1,562	1,407
Allowance for loan losses	(12,518)	(12,659)
Loans receivable, net	934,236	918,509
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	302,428	303,197
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	92,904	92,788
Multifamily Residential
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	238,974	232,509
Nonresidential Properties
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	197,367	196,917
Construction and Land
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	100,995	87,572
Commercial Portfolio Segment
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	11,373	15,710
Consumer Loans
Financing Receivable Recorded Investment Past Due [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	$ 1,151	$ 1,068

Loans Receivable and Allowanc_3

Loans Receivable and Allowance for Loan Losses - Additional Information (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2019USD ($)Loan	Dec. 31, 2018USD ($)Loan	Jun. 30, 2018USD ($)
Accounts Notes And Loans Receivable [Line Items]
Restructured loans | Loan	1	0
Number of troubled debt restructured loans | Loan	38	40
Troubled debt restructured loans	$ 12,845	$ 14,104
Troubled debt restructured loan, accrual status	9,128	10,460
Impairment reserves	926	618	$ 643
Troubled Debt Restructured Loans
Accounts Notes And Loans Receivable [Line Items]
Impairment reserves	$ 926	$ 618
Minimum
Accounts Notes And Loans Receivable [Line Items]
Strong Pass Loans to new or existing borrowers collateralized percentage	90.00%

Credit Risk Ratings by Loan Seg

Credit Risk Ratings by Loan Segment (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	$ 945,192	$ 929,761
1-4 Family
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	395,332	395,985
Multifamily
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	238,974	232,509
Nonresidential
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	197,367	196,917
Construction and Land
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	100,995	87,572
Business
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	11,373	15,710
Consumer
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	1,151	1,068
Pass
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	906,991	896,702
Pass | 1-4 Family
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	382,299	383,123
Pass | Multifamily
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	237,916	231,422
Pass | Nonresidential
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	193,103	195,327
Pass | Construction and Land
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	81,531	71,438
Pass | Business
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	10,993	14,324
Pass | Consumer
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	1,149	1,068
Special Mention
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	15,669	14,394
Special Mention | 1-4 Family
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	3,741	3,728
Special Mention | Multifamily
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan		775
Special Mention | Construction and Land
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	11,548	8,505
Special Mention | Business
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	380	1,386
Substandard
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	22,532	18,665
Substandard | 1-4 Family
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	9,292	9,134
Substandard | Multifamily
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	1,058	312
Substandard | Nonresidential
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	4,264	1,590
Substandard | Construction and Land
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	7,916	$ 7,629
Substandard | Consumer
Financing Receivable Recorded Investment [Line Items]
Loans before net deferred loan origination cost and allowance for losses on loan	$ 2

Aging Analysis of Loans (Detail

Aging Analysis of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Financing Receivable Recorded Investment Past Due [Line Items]
Current	$ 937,791	$ 917,231
Total Past Due	945,192	929,761
Nonaccrual Loans	10,070	6,778
Multifamily Residential
Financing Receivable Recorded Investment Past Due [Line Items]
Current	238,967	231,514
Total Past Due	238,974	232,509
Nonaccrual Loans	7	16
Nonresidential Properties
Financing Receivable Recorded Investment Past Due [Line Items]
Current	193,716	195,861
Total Past Due	197,367	196,917
Nonaccrual Loans	3,992	1,310
1-4 Family Investor Owned
Financing Receivable Recorded Investment Past Due [Line Items]
Current	301,347	296,188
Total Past Due	302,428	303,197
Nonaccrual Loans	1,760	1,258
1-4 Family Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Current	90,771	89,610
Total Past Due	92,904	92,788
Nonaccrual Loans	2,993	3,079
Construction and Land
Financing Receivable Recorded Investment Past Due [Line Items]
Current	100,846	87,572
Total Past Due	100,995	87,572
Nonaccrual Loans	1,316	1,115
Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,108	9,435
Financing Receivables, 30 to 59 Days Past Due | Multifamily Residential
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		995
Financing Receivables, 30 to 59 Days Past Due | 1-4 Family Investor Owned
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		6,539
Financing Receivables, 30 to 59 Days Past Due | 1-4 Family Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,108	1,609
Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	3,700	1,048
Financing Receivables, 60 to 89 Days Past Due | Multifamily Residential
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	7
Financing Receivables, 60 to 89 Days Past Due | Nonresidential Properties
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	2,715	4
Financing Receivables, 60 to 89 Days Past Due | 1-4 Family Investor Owned
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		470
Financing Receivables, 60 to 89 Days Past Due | 1-4 Family Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	598	574
Financing Receivables, Over 90 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	2,593	2,047
Financing Receivables, Over 90 Days Past Due | Nonresidential Properties
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	936	1,052
Financing Receivables, Over 90 Days Past Due | 1-4 Family Investor Owned
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,081
Financing Receivables, Over 90 Days Past Due | 1-4 Family Owner Occupied
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	427	995
Financing Receivables, Over 90 Days Past Due | Construction and Land
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	149
Business
Financing Receivable Recorded Investment Past Due [Line Items]
Current	10,993	15,418
Total Past Due	11,373	15,710
Business | Financing Receivables, 30 to 59 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		292
Business | Financing Receivables, 60 to 89 Days Past Due
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	380
Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Current	1,151	1,068
Total Past Due	1,151	$ 1,068
Nonaccrual Loans	$ 2

Composition of Allowance for Lo

Composition of Allowance for Loan Losses and Related Recorded Investment in Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	$ 12,449	$ 11,409	$ 12,659	$ 11,071	$ 11,071
Provision charged to expense		337	149	431	1,249
Losses charged-off	(25)	(13)	(402)	(18)	(48)
Recoveries	94	18	112	267	387
Balance, end of period	12,518	11,751	12,518	11,751	12,659
Ending balance: individually evaluated for impairment	926	643	926	643	618
Ending balance: collectively evaluated for impairment	11,592	11,108	11,592	11,108	12,041
Ending balance: individually evaluated for impairment	19,263	18,152	19,263	18,152	17,225
Ending balance: collectively evaluated for impairment	925,929	842,843	925,929	842,843	912,536
Total	945,192	860,995	945,192	860,995	929,761
1-4 Family Investor Owned
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	3,551	3,689	3,799	3,716	3,716
Provision charged to expense		(3)	(248)	(30)	82
Recoveries	23	1	23	1	1
Balance, end of period	3,574	3,687	3,574	3,687	3,799
Ending balance: individually evaluated for impairment	273	310	273	310	349
Ending balance: collectively evaluated for impairment	3,301	3,377	3,301	3,377	3,450
Ending balance: individually evaluated for impairment	7,058	7,014	7,058	7,014	6,452
Ending balance: collectively evaluated for impairment	295,370	289,476	295,370	289,476	296,745
Total	302,428	296,490	302,428	296,490	303,197
1-4 Family Owner Occupied
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	1,168	1,370	1,208	1,402	1,402
Provision charged to expense		(107)	(40)	(312)	(444)
Recoveries		2		175	250
Balance, end of period	1,168	1,265	1,168	1,265	1,208
Ending balance: individually evaluated for impairment	527	297	527	297	234
Ending balance: collectively evaluated for impairment	641	968	641	968	974
Ending balance: individually evaluated for impairment	5,471	7,399	5,471	7,399	6,525
Ending balance: collectively evaluated for impairment	87,433	84,809	87,433	84,809	86,263
Total	92,904	92,208	92,904	92,208	92,788
Multifamily
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	3,713	3,385	3,829	3,109	3,109
Provision charged to expense		255	(116)	531	720
Balance, end of period	3,713	3,640	3,713	3,640	3,829
Ending balance: collectively evaluated for impairment	3,713	3,640	3,713	3,640	3,829
Ending balance: individually evaluated for impairment	7		7		16
Ending balance: collectively evaluated for impairment	238,967	218,210	238,967	218,210	232,493
Total	238,974	218,210	238,974	218,210	232,509
Nonresidential
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	1,925	1,517	1,925	1,424	1,424
Provision charged to expense		160	(2)	250	492
Recoveries	3	2	5	5	9
Balance, end of period	1,928	1,679	1,928	1,679	1,925
Ending balance: individually evaluated for impairment	124	36	124	36	35
Ending balance: collectively evaluated for impairment	1,804	1,643	1,804	1,643	1,890
Ending balance: individually evaluated for impairment	5,360	2,207	5,360	2,207	2,750
Ending balance: collectively evaluated for impairment	192,007	166,581	192,007	166,581	194,167
Total	197,367	168,788	197,367	168,788	196,917
Construction and Land
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	1,533	1,212	1,631	1,205	1,205
Provision charged to expense		79	(98)	86	426
Balance, end of period	1,533	1,291	1,533	1,291	1,631
Ending balance: collectively evaluated for impairment	1,533	1,291	1,533	1,291	1,631
Ending balance: individually evaluated for impairment	1,327	1,111	1,327	1,111	1,108
Ending balance: collectively evaluated for impairment	99,668	71,463	99,668	71,463	86,464
Total	100,995	72,574	100,995	72,574	87,572
Unallocated
Financing Receivable Allowance For Credit Losses [Line Items]
Recoveries	58		58
Balance, end of period	58		58
Ending balance: collectively evaluated for impairment	58		58
Business
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	549	228	260	209	209
Provision charged to expense		(46)	651	(94)	(37)
Losses charged-off	(25)	(13)	(402)	(18)	(34)
Recoveries	9	11	24	83	122
Balance, end of period	533	180	533	180	260
Ending balance: collectively evaluated for impairment	533	180	533	180	260
Ending balance: individually evaluated for impairment	38	421	38	421	374
Ending balance: collectively evaluated for impairment	11,335	11,277	11,335	11,277	15,336
Total	11,373	11,698	11,373	11,698	15,710
Consumer
Financing Receivable Allowance For Credit Losses [Line Items]
Balance, beginning of period	10	8	7	6	6
Provision charged to expense		(1)	2		10
Losses charged-off					(14)
Recoveries	1	2	2	3	5
Balance, end of period	11	9	11	9	7
Ending balance: individually evaluated for impairment	2		2
Ending balance: collectively evaluated for impairment	9	9	9	9	7
Ending balance: individually evaluated for impairment	2		2
Ending balance: collectively evaluated for impairment	1,149	1,027	1,149	1,027	1,068
Total	$ 1,151	$ 1,027	$ 1,151	$ 1,027	$ 1,068

Information Relates to Impaired

Information Relates to Impaired Loans (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	$ 20,714	$ 19,803	$ 17,238
Recorded Investment With No Allowance	14,203	11,038	10,847
Recorded Investment With Allowance	5,060	7,114	6,378
Total Recorded Investment	19,263	18,152	17,225
Related Allowance	926	643	618
Average Recorded Investment	18,051	22,546	19,977
Interest Income Recognized on Cash Basis	392	454	955
1-4 Family
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	13,588	15,597	12,985
Recorded Investment With No Allowance	7,944	7,787	7,080
Recorded Investment With Allowance	4,585	6,626	5,898
Total Recorded Investment	12,529	14,413	12,978
Related Allowance	800	607	583
Average Recorded Investment	13,438	17,101	15,163
Interest Income Recognized on Cash Basis	323	371	758
Multifamily Residential
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	7		16
Recorded Investment With No Allowance	7		16
Total Recorded Investment	7		16
Average Recorded Investment	7	104	36
Interest Income Recognized on Cash Basis			3
Nonresidential Properties
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	5,463	2,421	2,748
Recorded Investment With No Allowance	4,887	1,719	2,270
Recorded Investment With Allowance	473	488	480
Total Recorded Investment	5,360	2,207	2,750
Related Allowance	124	36	35
Average Recorded Investment	3,096	3,753	3,230
Interest Income Recognized on Cash Basis	67	71	172
Construction and Land
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	1,614	1,321	1,115
Recorded Investment With No Allowance	1,327	1,111	1,107
Total Recorded Investment	1,327	1,111	1,107
Average Recorded Investment	1,200	1,073	1,094
Interest Income Recognized on Cash Basis	1
Business
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	40	464	374
Recorded Investment With No Allowance	38	421	374
Total Recorded Investment	38	421	374
Average Recorded Investment	309	515	454
Interest Income Recognized on Cash Basis	1	$ 12	$ 22
Consumer
Financing Receivable Impaired [Line Items]
Unpaid Contractual Principal Balance	2
Recorded Investment With Allowance	2
Total Recorded Investment	2
Related Allowance	2
Average Recorded Investment	$ 1

Schedule of Troubled Debt Restr

Schedule of Troubled Debt Restructuring (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2019USD ($)Loan	Dec. 31, 2018USD ($)Loan
Financing Receivable Modifications [Line Items]
Loans Restructured, Number of Loans | Loan	1	0
Loans Restructured, Pre-Modification Recorded Balance	$ 275
Loans Restructured, Post-Modification Recorded Balance	$ 283
All TDRs with a payment default within 12 months following modification, Number of Loans | Loan		1
All TDRs with a payment default within 12 months following modification, Balance of Loans at the Time of Default		$ 176
Mortgage Loans
Financing Receivable Modifications [Line Items]
Loans Restructured, Number of Loans | Loan	1
Loans Restructured, Pre-Modification Recorded Balance	$ 275
Loans Restructured, Post-Modification Recorded Balance	$ 283
All TDRs with a payment default within 12 months following modification, Number of Loans | Loan		1
All TDRs with a payment default within 12 months following modification, Balance of Loans at the Time of Default		$ 176
Mortgage Loans | 1-4 Family
Financing Receivable Modifications [Line Items]
Loans Restructured, Number of Loans | Loan	1
Loans Restructured, Pre-Modification Recorded Balance	$ 275
Loans Restructured, Post-Modification Recorded Balance	$ 283
All TDRs with a payment default within 12 months following modification, Number of Loans | Loan		1
All TDRs with a payment default within 12 months following modification, Balance of Loans at the Time of Default		$ 176
Combination of Rate, Maturity, Other
Financing Receivable Modifications [Line Items]
Loans Restructured, Number of Loans | Loan	1
Loans Restructured, Pre-Modification Recorded Balance	$ 275
Loans Restructured, Post-Modification Recorded Balance	$ 283
All TDRs with a payment default within 12 months following modification, Number of Loans | Loan		1
All TDRs with a payment default within 12 months following modification, Balance of Loans at the Time of Default		$ 176

Summary of Premises and Equipme

Summary of Premises and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 53,689	$ 51,560
Less: accumulated depreciation and amortization	(21,484)	(20,425)
Total premises and equipment	32,205	31,135
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	16,756	16,423
Leasehold Improvements
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	24,461	23,430
Furniture, Fixtures and Equipment
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 8,493	$ 7,728

Premises and Equipment - Additi

Premises and Equipment - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Property Plant And Equipment [Line Items]
Depreciation and amortization	$ 550	$ 437	$ 1,059	$ 854
Property, plant and equipment, gross	53,689		53,689		$ 51,560
Leasehold Improvements
Property Plant And Equipment [Line Items]
Increase (decrease) in property, plant and equipment			1,031
Property, plant and equipment, gross	24,461		24,461		23,430
Furniture, Fixtures and Equipment
Property Plant And Equipment [Line Items]
Increase (decrease) in property, plant and equipment			765
Property, plant and equipment, gross	$ 8,493		$ 8,493		$ 7,728

Deposits - Summarized Deposits

Deposits - Summarized Deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Banking And Thrift [Abstract]
Demand	$ 115,262	$ 115,923
NOW/IOLA accounts	23,018	30,783
Money market accounts	158,318	116,175
Savings accounts	126,746	122,791
Total savings, NOW and money market	308,082	269,749
Certificates of deposit of $250K or more	82,767	90,195
Certificates of deposit less than $250K	296,297	333,891
Total certificates of deposit	379,064	424,086
Total interest-bearing deposits	687,146	693,835
Total deposits	$ 802,408	$ 809,758

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities of Certificates of Deposit (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Banking And Thrift [Abstract]
2020	$ 181,013
2021	115,561
2022	60,078
2023	11,593
2024	10,819
Total certificates of deposit	$ 379,064	$ 424,086

Deposits - Additional Informati

Deposits - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Banking And Thrift [Abstract]
Overdrawn deposit reclassified to loans amounted	$ 61	$ 241

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Debt Disclosure [Abstract]
Advance from the Federal Home Loan Bank of New York	$ 79,404		$ 79,404		$ 44,404
Guarantee from the FHLBNY through a standby letter of credit	3,455		3,455		7,639
Unsecured line of credit amount	25,000		25,000		25,000
Unsecured fed fund line amount outstanding	0		0		25,000
Interest expense on FHLBNY advances	345	$ 204	678	$ 302
Collateral in residential 1-4 and multifamily mortgage loans available to secure advances from the FHLBNY	$ 292,354		$ 292,354		$ 280,457

Borrowings - Schedule of Borrow

Borrowings - Schedule of Borrowed Funds FHLBNY and Correspondent Bank Advances Maturity and Call Date (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Line Of Credit Facility [Line Items]
2020	$ 8,029	$ 8,029
2021	3,000	3,000
2022	40,000	5,000
2023	28,375	28,375
Total	79,404	69,404
2020	8,029	8,029
2021	3,000	3,000
2022	40,000	5,000
2023	28,375	28,375
Total	$ 79,404	$ 69,404
2020	2.86%	2.86%
2021	1.84%	1.84%
2022	2.13%	1.97%
2023	2.82%	2.82%
Total	2.44%	2.69%
Correspondent Bank
Line Of Credit Facility [Line Items]
Correspondent Bank Overnight line of credit advance		$ 25,000
Correspondent Bank Overnight line of credit advance		$ 25,000
Correspondent Bank Overnight line of credit advance		2.64%

Income Taxes - Components of In

Income Taxes - Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Federal:
Current	$ 377	$ 110	$ 651	$ 195
Deferred	(41)	60	(33)	190
Federal income tax provision (benefit)	336	170	618	385
State and local:
Current	84	48	185	121
Deferred	(215)	(252)	(504)	(356)
State and local income tax provision (benefit)	(131)	(204)	(319)	(235)
Valuation allowance	168	200	381	284
Provision for income taxes	$ 373	$ 166	$ 680	$ 434

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2017	Dec. 31, 2018
Income Taxes [Line Items]
Federal income tax rate	21.00%	21.00%	21.00%	21.00%	34.00%
Increased in valuation allowance	$ (168,000)	$ (200,000)	$ (381,000)	$ (284,000)
NEW YORK
Income Taxes [Line Items]
Increased in valuation allowance			381,000	$ 284,000
Unrecognized tax benefits related to uncertain tax positions	$ 0		$ 0			$ 0

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Differences Between Federal Income Tax Rate and Total Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Tax Expense Benefit Continuing Operations Income Tax Reconciliation [Abstract]
Income tax, at federal rate	$ 278	$ 182	$ 483	$ 436
State and local tax, net of federal taxes	(102)	(160)	(252)	(185)
Valuation allowance, net of the federal benefit	168	200	381	284
Other	29	(56)	68	(101)
Provision for income taxes	$ 373	$ 166	$ 680	$ 434

Income Taxes - Significant Defe

Income Taxes - Significant Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Deferred tax assets:
Allowance for loan losses	$ 3,879	$ 3,939
Pension obligations	2,119	2,102
Interest on nonaccrual loans	143	74
Unrealized loss on available-for-sale securities	20	91
Amortization of intangible assets	93	102
Deferred rent payable	64	153
Net operating losses	3,432	3,111
Charitable contribution carryforward	1,624	1,694
Other	517	235
Total gross deferred tax assets	11,891	11,501
Deferred tax liabilities:
Cumulative contribution in excess of net periodic benefit costs, net	3,103	3,120
Depreciation and amortization of premises and equipment	100	222
Deferred loan fees	484	438
Other	6	6
Total gross deferred tax liabilities	3,693	3,786
Valuation allowance	4,285	3,904
Net deferred tax assets	$ 3,913	$ 3,811

Compensation and Benefit Plan_2

Compensation and Benefit Plans - Summary of Pension Plan Funded Status and Amounts Recognized in Financial Condition Statements (Detail) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Jun. 30, 2019	Dec. 31, 2018
Defined Benefit Pension Plans And Defined Benefit Postretirement Plans Disclosure [Abstract]
Projected benefit obligation	$ (14,199)	$ (15,883)	$ (14,244)	$ (14,199)	$ (14,244)
Fair value of plan assets	14,254	14,732	14,416	14,254	14,416
Funded status				55	172
Accumulated benefit obligation				$ (14,199)	$ (14,244)
Changes in benefit obligation:
Beginning of period	14,244	15,883	15,883
Service cost	19	20	39
Interest Cost	295	271	542
Interest rate change			(1,691)
Mortality change			(41)
Loss on accumulated benefit obligations	3		243
Administrative cost	(19)		(39)
Benefits paid	(343)		(692)
End of period	14,199		14,244
Changes in plan assets:
Fair value of plan assets, beginning of period	14,416	14,732	14,732
Actual return on plan assets	200		415
Benefits paid	(343)	$ (355)	(692)
Administrative expenses paid	(19)		(39)
Fair value of plan assets, end of period	$ 14,254		$ 14,416

Compensation and Benefit Plan_3

Compensation and Benefit Plans - Additional Information (Detail) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019USD ($)$ / sharesshares	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)Executive$ / sharesshares	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)$ / sharesshares	Dec. 31, 2017USD ($)
Compensation And Benefit Plans Disclosure [Line Items]
Pretax amounts recognized in accumulated other comprehensive loss | $	$ 9,939		$ 9,939		$ 9,856
Fair value of pension plan assets | $	$ 14,254		14,254		14,416	$ 14,732
Employer contribution | $			0	$ 0
Benefits paid | $			$ 343	$ 355	$ 692
Maximum employer matching contribution percentage	4.00%	4.00%	4.00%	4.00%
Expenses recognized | $	$ 77	$ 118	$ 167	$ 200
ESOP related compensation expense including equalization expense | $	$ 187	213	$ 390	378
Number of option grants			8,918		163,766
Weighted-average exercise price for options | $ / shares	$ 12.78		$ 12.78		$ 12.77
Weighted average remaining contractual life			9 years 8 months 12 days
Numbre of shares exercisable	0		0		0
Common Stock
Compensation And Benefit Plans Disclosure [Line Items]
Stock repurchase program, percentage of shares repurchase	5.00%		5.00%
Stock repurchase program, number of shares repurchase			476,978
Stock repurchase program, weighted average price per share | $ / shares			$ 14.25
Common Stock | Maximum
Compensation And Benefit Plans Disclosure [Line Items]
Stock repurchase program, number of shares repurchase	923,151		923,151
Restricted Stock Units
Compensation And Benefit Plans Disclosure [Line Items]
Number of stock grants			29,725		510,879
Compensation expense | $	$ 308	0	$ 608	0
Stock Options
Compensation And Benefit Plans Disclosure [Line Items]
Compensation expense | $	$ 22	0	$ 48	0
Weighted average period expected to be recognized			6 years 6 months
2018 Long-Term Incentive Plan
Compensation And Benefit Plans Disclosure [Line Items]
Equity incentive plans, maximum number of shares issuable	1,248,469		1,248,469
Common stock reserved for future issuance	1,248,469		1,248,469
Conversion of issuable stock options to issuable restricted stock ratio			3
Number of issuable stock options converted into restricted stock units			462,522
Number of restricted stock units converted from issuable stock options			154,174
Number of grants			674,645
Conversion of issuable stock options to issuable restricted stock	88,492		88,492
2018 Long-Term Incentive Plan | Executive Officers
Compensation And Benefit Plans Disclosure [Line Items]
Vesting percentage			20.00%
2018 Long-Term Incentive Plan | Directors
Compensation And Benefit Plans Disclosure [Line Items]
Vesting percentage			20.00%
Vesting period			10 years
2018 Long-Term Incentive Plan | Stock Options or Stock Appreciation Rights
Compensation And Benefit Plans Disclosure [Line Items]
Common stock reserved for future issuance	891,764		891,764
2018 Long-Term Incentive Plan | Restricted Stock Units
Compensation And Benefit Plans Disclosure [Line Items]
Common stock reserved for future issuance	356,705		356,705
Shares available for future awards	0		0		0
2018 Long-Term Incentive Plan | Restricted Stock Units | Executive Officers
Compensation And Benefit Plans Disclosure [Line Items]
Number of stock grants			322,254
2018 Long-Term Incentive Plan | Restricted Stock Units | Outside Directors
Compensation And Benefit Plans Disclosure [Line Items]
Number of stock grants			148,625
2018 Long-Term Incentive Plan | Restricted Stock Units | Officers
Compensation And Benefit Plans Disclosure [Line Items]
Number of stock grants			40,000
2018 Long-Term Incentive Plan | Incentive Options | Executive Officers
Compensation And Benefit Plans Disclosure [Line Items]
Number of option grants			119,176
2018 Long-Term Incentive Plan | Non-qualified Options | Outside Directors
Compensation And Benefit Plans Disclosure [Line Items]
Number of option grants			44,590
2018 Long-Term Incentive Plan | Stock Options
Compensation And Benefit Plans Disclosure [Line Items]
Shares available for future awards	265,476		265,476		265,476
Supplemental Executive Retirement Plan
Compensation And Benefit Plans Disclosure [Line Items]
Number of key executive under retirement plan | Executive			1
Expenses recognized | $	$ 17	$ 15	$ 34	$ 30
Employee Stock Ownership Plan
Compensation And Benefit Plans Disclosure [Line Items]
ESOP borrowed amount | $	7,238		$ 7,238
Number of ESOP shares purchased			723,751
ESOP shares purchased expressed as percentage of common stock issued in stock offering			3.92%
Expected period of loan repaid			15 years
Loan receivable - ESOP | $	6,308		$ 6,308		$ 6,308
Fair Value Measurements
Compensation And Benefit Plans Disclosure [Line Items]
Fair value of pension plan assets | $	$ 14,254		$ 14,254		$ 14,416

Compensation and Benefit Plan_4

Compensation and Benefit Plans - Components of Net Periodic Benefit Costs (Detail) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Amount Recognized In Net Periodic Benefit Cost And Other Comprehensive Income Loss Before Tax [Abstract]
Service cost	$ 19	$ 20	$ 39
Interest cost	295	271	$ 542
Expected return on plan assets	(421)	(430)
Amortization of prior service cost	13	13
Amortization of loss	129	149
Net periodic benefit cost	$ 35	$ 23

Compensation and Benefit Plan_5

Compensation and Benefit Plans - Weighted Average Assumptions Used to Determine Net Benefit Obligations (Detail)	Jun. 30, 2019	Dec. 31, 2018
Defined Benefit Plan Weighted Average Assumptions Used In Calculating Benefit Obligation [Abstract]
Discount rate	4.25%	4.25%
Rate of compensation increase	0.00%	0.00%

Compensation and Benefit Plan_6

Compensation and Benefit Plans - Weighted Average Assumptions Used to Determine Net Benefit Cost (Detail)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Defined Benefit Plan Weighted Average Assumptions Used In Calculating Net Periodic Benefit Cost [Abstract]
Discount rate	4.25%	3.50%
Rate of compensation increase	0.00%	0.00%
Expected long-term rate of return on assets	6.00%	6.00%

Compensation and Benefit Plan_7

Compensation and Benefit Plans - Expected Employee Benefit Payments (Detail) $ in Thousands	Jun. 30, 2019USD ($)
Defined Benefit Plan Estimated Future Benefit Payments [Abstract]
2019	$ 371
2020	706
2021	700
2022	718
2023	700
Thereafter	3,569
Total expected employee benefit payments	$ 6,764

Compensation and Benefit Plan_8

Compensation and Benefit Plans - Summary of ESOP Shares (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Shares committed-to-be released	24,126	48,250	24,126
Shares to be allocated to participants	96,500	48,250
Unallocated shares	603,125	627,251
Total	723,751	723,751
Fair value of unearned shares	$ 8,619	$ 7,991

Compensation and Benefit Plan_9

Compensation and Benefit Plans - Schedule of Restricted Stock Awards Activity and Related Information (Detail) - Restricted Stock Units - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Non-vested, beginning of year	510,879
Number of Shares, Granted	29,725	510,879
Number of Shares, Forfeited	(29,725)
Number of Shares, Non-vested, ending of year	510,879	510,879
Weighted-Average Grant Date Fair Value Per Share, Non-vested, beginning of year	$ 12.77
Weighted-Average Grant Date Fair Value Per Share, Granted	12.93	$ 12.77
Weighted-Average Grant Date Fair Value Per Share, Forfeited	12.77
Weighted-Average Grant Date Fair Value Per Share, Non-vested, ending of year	$ 12.78	$ 12.77

Compensation and Benefit Pla_10

Compensation and Benefit Plans - Schedule of Stock Option Awards Activity and Related Information (Detail) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Options, Outstanding, beginning of year	163,766
Options, Granted	8,918	163,766
Options, Forfeited	(8,918)
Options, Outstanding, end of year	163,766	163,766
Options, Exercisable, end of year	0	0
Weighted-Average Exercise Price Per Share, Outstanding, beginning of year	$ 12.77
Weighted-Average Exercise Price Per Share, Granted	12.93	$ 12.77
Weighted-Average Exercise Price Per Share, Forfeited	12.77
Weighted-Average Exercise Price Per Share, Outstanding, end of year	12.78	12.77
Weighted-Average Exercise Price Per Share, Exercisable, end of year	$ 12.78	$ 12.77

Compensation and Benefit Pla_11

Compensation and Benefit Plans - Schedule of Fair Value of Option Grant Using Black-Scholes Option Pricing Model With Weighted Average Assumptions (Detail) - Stock Options	6 Months Ended
	Jun. 30, 2019$ / shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Dividend yield	0.00%
Expected life	6 years 6 months
Expected volatility	13.28%
Risk-free interest rate	2.16%
Weighted average grant date fair value	$ 3.75

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		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Net income for the period	$ 950	$ 699	$ 1,618	$ 1,640
Shares outstanding for basic EPS:
Weighted average shares outstanding	18,180,989	18,463,028	18,320,923	18,463,028
Less: Weighted average unallocated Employee Stock Ownership Plan (ESOP) shares	615,055	663,305	621,053	687,607
Basic weighted shares outstanding	17,565,934	17,799,723	17,699,870	17,775,421
Basic earnings per share	$ 0.05	$ 0.04	$ 0.09	$ 0.09
Potential dilutive common shares:
Add: Dilutive effect of restricted stock awards and stock options	30,734		30,734
Diluted weighted average shares outstanding	17,596,668	17,799,723	17,730,604	17,775,421
Diluted earnings per share	$ 0.05	$ 0.04	$ 0.09	$ 0.09

Commitments, Contingencies an_3

Commitments, Contingencies and Credit Risk - Financial Instruments Whose Contractual Amounts Represent Credit Risk (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value Concentration Of Risk Financial Statement Captions [Line Items]
Contractual amounts represent credit risk	$ 92,296	$ 104,528
Commitments to Grant Mortgage Loans
Fair Value Concentration Of Risk Financial Statement Captions [Line Items]
Contractual amounts represent credit risk	54,996	52,017
Unfunded Commitments Under Lines of Credit
Fair Value Concentration Of Risk Financial Statement Captions [Line Items]
Contractual amounts represent credit risk	33,845	44,752
Standby Letters of Credit
Fair Value Concentration Of Risk Financial Statement Captions [Line Items]
Contractual amounts represent credit risk	$ 3,455	$ 7,759

Commitments, Contingencies an_4

Commitments, Contingencies and Credit Risk - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Commitments And Contingencies Disclosure [Abstract]
Lease expiration year			2034
Rental expenses under operating leases	$ 375	$ 341	$ 729	$ 746

Commitments, Contingencies an_5

Commitments, Contingencies and Credit Risk - Projected Minimum Rental Payments under Terms of Leases (Details) $ in Thousands	Jun. 30, 2019USD ($)
Operating Leases Future Minimum Payments Due [Abstract]
Remainder of 2019	$ 654
2020	1,345
2021	1,382
2022	1,294
2023	1,279
2024	1,316
Thereafter	5,660
Projected minimum rental payments	$ 12,930

Fair Value - Assets Measured at

Fair Value - Assets Measured at Fair Value on Recurring Basis (Detail) - Fair Value Measurement Recurring - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis	$ 22,154	$ 27,144
Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis		4,995
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	22,154	22,149
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	20,818	20,515
U.S. Government and Federal Agencies | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis	20,818	20,515
U S Treasury
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis		4,995
U S Treasury | Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis		4,995
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	614	759
FNMA Certificates | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis	614	759
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	722	875
GNMA Certificates | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Available-for-sale securities measure at fair value on recurring basis	$ 722	$ 875

Fair Value - Assets Measured _2

Fair Value - Assets Measured at Fair Value on Nonrecurring Basis (Detail) - Impaired Loans - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on nonrecurring basis	$ 19,263	$ 17,225
Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Assets measured at fair value on nonrecurring basis	$ 19,263	$ 17,225

Fair Value - Estimated Fair Val

Fair Value - Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Available-for-sale securities	$ 22,154	$ 27,144
Carrying Amount
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	53,010	69,778
Available-for-sale securities	22,154	27,144
Loans receivable, net	934,236	918,509
Accrued interest receivable	3,773	3,795
FHLBNY stock	4,609	2,915
Demand deposits	115,262	115,923
Interest-bearing deposits	308,082	269,749
Certificates of deposit	379,064	424,086
Advance payments by borrowers for taxes and insurance	6,059	6,037
Advances from FHLBNY	79,404	69,404
Accrued interest payable	88	63
Fair Value Measurements
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	53,010	69,778
Available-for-sale securities	22,154	27,144
Loans receivable, net	949,090	926,867
Accrued interest receivable	3,773	3,795
FHLBNY stock	4,609	2,915
Demand deposits	115,262	115,923
Interest-bearing deposits	308,082	269,749
Certificates of deposit	381,659	425,564
Advance payments by borrowers for taxes and insurance	6,059	6,037
Advances from FHLBNY	79,404	69,404
Accrued interest payable	88	63
Fair Value Measurements | Level 1
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	53,010	69,778
Available-for-sale securities		4,995
FHLBNY stock	4,609	2,915
Demand deposits	115,262	115,923
Interest-bearing deposits	308,082	269,749
Advances from FHLBNY	79,404	69,404
Fair Value Measurements | Level 2
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Available-for-sale securities	22,154	22,149
Accrued interest receivable	3,773	3,795
Certificates of deposit	381,659	425,564
Advance payments by borrowers for taxes and insurance	6,059	6,037
Accrued interest payable	88	63
Fair Value Measurements | Level 3
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Loans receivable, net	$ 949,090	$ 926,867

Regulatory Capital Requiremen_3

Regulatory Capital Requirements - Additional Information (Details)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2015	Jun. 30, 2019	Dec. 31, 2018
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Percentage of capital buffer			11.50%	11.40%
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 Requiremen_4

Regulatory Capital Requirements - Summary of Actual Capital Amounts and Ratios As Compared to Regulatory Requirements (Details) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
PDL Community Bancorp
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, Actual Amount	$ 182,606	$ 186,940
Tier 1 Capital to Risk-Weighted Assets, Actual Amount	173,144	177,307
Common Equity Tier 1 Capital Ratio, Actual Amount	173,144	177,307
Tier 1 Capital to Total Assets, Actual Amount	$ 173,144	$ 177,307
Total Capital to Risk-Weighted Assets, Actual Ratio	23.46%	24.36%
Tier 1 Capital to Risk-Weighted Assets, Actual Ratio	22.25%	23.11%
Common Equity Tier 1 Capital Ratio, Actual Ratio	22.25%	23.11%
Tier 1 Capital to Total Assets, Actual Ratio	16.66%	18.13%
Total Capital to Risk-Weighted Assets, For Capital Adequacy Amount	$ 62,266	$ 61,385
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Amount	46,699	46,038
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Amount	35,024	34,529
Tier 1 Capital to Total Assets, For Capital Adequacy Amount	$ 41,565	$ 39,114
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	$ 77,832	$ 76,731
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	62,266	61,385
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	50,591	49,875
Tier 1 Capital to Total Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 51,956	$ 48,892
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%
Ponce Bank
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Total Capital to Risk-Weighted Assets, Actual Amount	$ 151,818	$ 148,486
Tier 1 Capital to Risk-Weighted Assets, Actual Amount	142,069	138,872
Common Equity Tier 1 Capital Ratio, Actual Amount	142,069	138,872
Tier 1 Capital to Total Assets, Actual Amount	$ 142,069	$ 138,872
Total Capital to Risk-Weighted Assets, Actual Ratio	19.54%	19.39%
Tier 1 Capital to Risk-Weighted Assets, Actual Ratio	18.29%	18.14%
Common Equity Tier 1 Capital Ratio, Actual Ratio	18.29%	18.14%
Tier 1 Capital to Total Assets, Actual Ratio	13.64%	13.66%
Total Capital to Risk-Weighted Assets, For Capital Adequacy Amount	$ 62,143	$ 61,261
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Amount	46,607	45,946
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Amount	34,955	34,459
Tier 1 Capital to Total Assets, For Capital Adequacy Amount	$ 41,650	$ 40,652
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	$ 77,679	$ 76,577
Tier 1 Capital to Risk-Weighted Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	62,143	61,261
Common Equity Tier 1 Capital Ratio, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	50,491	49,775
Tier 1 Capital to Total Assets, For Capital Adequacy Ratio, To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 52,063	$ 50,815
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	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive loss, net of tax	$ 194	$ (284)
Unrealized gains (losses) on available for sale securities, net
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive loss beginning balance	(291)	(221)
Other comprehensive loss, net of tax	260	(70)
Accumulated other comprehensive loss ending balance	(31)	(291)
Unrealized losses on pension benefits, net
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive loss beginning balance	(7,844)	(7,630)
Other comprehensive loss, net of tax	(66)	(214)
Accumulated other comprehensive loss ending balance	(7,910)	(7,844)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive loss beginning balance	(8,135)	(7,851)
Accumulated other comprehensive loss ending balance	$ (7,941)	$ (8,135)

Aggregate Loan Transactions wit

Aggregate Loan Transactions with Related Parties (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Receivables [Abstract]
Beginning balance	$ 1,255	$ 1,329	$ 1,278	$ 1,351
Originations	20	100	20	111
Payments	(19)	(33)	(42)	(66)
Ending balance	$ 1,256	$ 1,396	$ 1,256	$ 1,396

Transactions With Related Par_3

Transactions With Related Parties - Additional Information (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Related Party Transactions [Abstract]
Deposits from officers and directors	$ 9,030	$ 6,943