Generations Bancorp NY (GBNY) 10-Q 23 Dec 20 2020 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Dec. 24, 2020
Document and Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Sep. 30, 2020
Entity Registrant Name	Generations Bancorp NY, Inc.
Title of 12(b) Security	None
Trading Symbol	GBNY
Security Exchange Name	NONE
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		0
Entity Central Index Key	0001823365
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Statemen

Condensed Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
ASSETS:
Cash and due from banks	$ 3,750	$ 6,685
Interest earning deposits	8,498	6,763
Total cash and cash equivalents	12,248	13,448
Investment securities available-for-sale, at fair value	23,132	30,627
Investment securities held-to-maturity (fair value 2020-$1,653, 2019-$2,110)	1,616	2,078
Equity investment securities, at fair value	594	2,579
Federal Home Loan Bank stock, at cost	2,120	2,267
Loans	292,863	261,280
Less: Allowance for loan losses	2,116	1,660
Loans receivable, net	290,747	259,620
Premises and equipment, net	16,946	17,588
Bank-owned life insurance	6,997	6,893
Pension plan asset	8,440	7,605
Foreclosed real estate & repossessed assets	8	70
Goodwill	792	792
Intangible assets, net	864	913
Accrued interest receivable	1,426	1,215
Other assets	1,760	1,854
Total assets	367,690	347,549
Deposits:
Noninterest-bearing	51,865	38,098
Interest-bearing	251,503	245,240
Total deposits	303,368	283,338
Long-term borrowings	30,064	31,448
Subordinated debt	1,235	735
Advances from borrowers for taxes and insurance	1,337	2,712
Other liabilities	1,908	1,085
Total liabilities	337,912	319,318
Shareholders' equity:
Preferred stock, par value $0.01; 1,000,000 shares authorized; none issued
Common stock, par value $0.01; 9,000,000 shares authorized; 2,551,940 shares issued in 2020, and 2019; 2,463,507, and 2,467,507 shares outstanding in 2020 and 2019	26	26
Additional paid in capital	11,956	11,962
Retained earnings	19,918	18,571
Accumulated other comprehensive loss	(1,170)	(1,662)
Treasury stock, at cost; 88,433, and 84,433 shares in 2020 and 2019	(615)	(573)
Stock held in rabbi trust	(290)
Unearned ESOP shares, at cost	(47)	(93)
Total shareholders' equity	29,778	28,231
Total liabilities and shareholders' equity	$ 367,690	$ 347,549

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Financial Condition (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Condensed Consolidated Statements of Financial Condition
Investment securities held-to-maturity, fair value	$ 1,653	$ 2,110
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	1,000,000	1,000,000
Preferred Stock, Shares Issued	0	0
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	9,000,000	9,000,000
Common Stock, Shares, Issued	2,551,940	2,551,940
Common Stock, Shares, Outstanding	2,463,507	2,467,507
Treasury Stock, Shares	88,433	84,433

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Interest and dividend income:
Loans, including fees	$ 3,149	$ 2,892	$ 9,183	$ 8,716
Debt and equity securities:
Taxable	11	35	64	79
Tax-exempt	199	165	696	470
Interest earning deposits	1	8	11	42
Other	32	33	103	93
Total interest income	3,392	3,133	10,057	9,400
Interest expense:
Deposits	561	609	1,800	1,831
Short-term borrowings	2	23	2	24
Long-term borrowings	144	126	457	384
Subordinated debt	20	15	49	44
Total interest expense	727	773	2,308	2,283
Net interest income	2,665	2,360	7,749	7,117
Provision for loan losses	150	90	330	270
Net interest income after provision for loan losses	2,515	2,270	7,419	6,847
Noninterest income:
Banking fees and service charges	370	424	1,099	1,191
Mortgage banking income, net	11	16	36	69
Insurance commissions	180	194	586	631
Investment services commissions	2	44	86	213
Earnings on bank-owned life insurance	37	34	104	97
Unrealized gains (losses) on equity securities	2	62	(176)	273
Net gain on sale of securities	509	237	509	264
Other charges, commissions & fees	34	21	431	29
Total noninterest income	1,145	1,032	2,675	2,767
Noninterest expense:
Compensation and benefits	1,290	1,438	4,048	4,558
Occupancy and equipment	522	564	1,573	1,694
Service charges	503	548	1,453	1,582
Regulatory assessments	79	23	213	162
Professional and other services	135	126	401	316
Advertising	108	100	325	300
Other expenses	360	330	935	918
Total noninterest expenses	2,997	3,129	8,948	9,530
Income before income taxes	663	173	1,146	84
Expense (Benefit) for income taxes	23		(201)
Net income	640	173	1,347	84
Net income available to common shareholders	$ 640	$ 173	$ 1,347	$ 84
Earnings per common share	$ 0.26	$ 0.07	$ 0.55	$ 0.04

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Condensed Consolidated Statements of Comprehensive Income (Unaudited)
Net income	$ 640	$ 173	$ 1,347	$ 84
Unrealized gains on securities available-for-sale:
Unrealized holding gains arising during the period	157	428	1,003	884
Reclassification adjustment for net gains included in net income	(480)	(237)	(480)	(264)
Net unrealized gains on securities available-for-sale	(323)	191	523	620
Defined benefit pension plan:
Reclassification of amortization of net losses recognized in net pension expense	33	47	100	143
Net change in defined benefit pension plan asset	33	47	100	143
Other comprehensive income (loss), before tax	(290)	238	623	763
Tax effect	61	(50)	(131)	(167)
Other comprehensive income (loss), net of tax	(229)	188	492	596
Total comprehensive income	$ 411	$ 361	$ 1,839	$ 680

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Changes in Shareholders’ Equity - USD ($) $ in Thousands	Common Stock	Additional Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Treasury Stock	Unearned ESOP Shares	Stock Held by Rabbi Trust	Total
Beginning balance at Dec. 31, 2018	$ 26	$ 11,958	$ 18,484	$ (2,411)	$ (532)	$ (156)		$ 27,369
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			84					84
Other comprehensive income/loss				596				596
Repurchase of common stock					(40)			(40)
ESOP shares committed to be released (6,221 shares)		3				47		50
Ending balance at Sep. 30, 2019	26	11,961	18,568	(1,815)	(572)	(109)		28,059
Beginning balance at Jun. 30, 2019	26	11,960	18,395	(2,003)	(570)	(124)		27,684
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			173					173
Other comprehensive income/loss				188				188
Repurchase of common stock					(2)			(2)
ESOP shares committed to be released (6,221 shares)		1				15		16
Ending balance at Sep. 30, 2019	26	11,961	18,568	(1,815)	(572)	(109)		28,059
Beginning balance at Dec. 31, 2019	26	11,962	18,571	(1,662)	(573)	(93)		28,231
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			1,347					1,347
Other comprehensive income/loss				492				492
Purchase of common stock for SERPs							$ (290)	(290)
Repurchase of common stock					(42)			(42)
ESOP shares committed to be released (6,221 shares)		(6)				46		40
Ending balance at Sep. 30, 2020	26	11,956	19,918	(1,170)	(615)	(47)	(290)	29,778
Beginning balance at Jun. 30, 2020	26	11,958	19,278	(941)	(615)	(62)	(290)	29,354
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			640					640
Other comprehensive income/loss				(229)				(229)
ESOP shares committed to be released (6,221 shares)		(2)				15		13
Ending balance at Sep. 30, 2020	$ 26	$ 11,956	$ 19,918	$ (1,170)	$ (615)	$ (47)	$ (290)	$ 29,778

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Changes in Shareholders’ Equity (Parentheticals) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited)
ESOP shares committed to be released (in shares)	6,221	6,221	6,221	6,221

Condensed Consolidated Statem_7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
OPERATING ACTIVITIES
Net income (loss)	$ 1,347	$ 84
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Provision for loan losses	330	270
Deferred income tax benefit	(201)
Real estate acquired through foreclosure		3
Premises and equipment		36
Available-for-sale investment securities	(480)	(264)
Equity securities	(29)
Writedown of premises and equipment to fair value	25
Writedown of other real estate owned to fair value	30
Unrealized (gains) losses on equity securities	176	(273)
Directors' retirement plan net gains	(98)	4
Depreciation	795	815
Amortization of intangible asset	49	38
Amortization of fair value adjustment to purchased loan portfolio	(52)	(40)
ESOP expense	46	47
Amortization of deferred loan costs	306	(845)
Earnings on bank-owned life insurance	(104)	(97)
Change in pension plan assets	(734)	(700)
Net amortization of premiums and discounts on investment securities	(21)	56
Net change in accrued interest receivable	(211)	(55)
Net change in other assets and liabilities	(1,198)	578
Net cash provided by (used in) operating activities	(24)	(343)
INVESTING ACTIVITIES
Purchase of equity investment securities	(1)	(77)
Purchase of investment securities available-for-sale	(2,008)	(8,841)
Net proceeds from the (purchase of) redemption of Federal Home Loan Bank stock	147	(346)
Available-for-sale investment securities	1,422	1,708
Held-to-maturity investment securities	457	455
Available-for-sale investment securities	9,110	259
Equity investment securities	2,422	8,670
Real estate acquired through foreclosure	60	17
Premises and equipment		95
Net change in loans	(31,711)	(6,597)
Purchase of premises and equipment	(178)	(864)
Net cash used in investing activities	(20,280)	(5,521)
FINANCING ACTIVITIES
Net change in demand deposits, savings accounts, and money market accounts	39,392	(2,612)
Net change in time deposits	(18,722)	(1,550)
Net proceeds from the redemption of brokered time deposits	(640)
Net repayments of from short-term borrowings		1,850
Payments on long-term borrowings	(7,384)	(5,846)
Proceeds from subordinated debt offering	500
Proceeds from long-term borrowings	6,000	13,000
Repurchase of common stock	(42)	(40)
Net cash provided by financing activities	19,104	4,802
Increase in cash and cash equivalents at beginning of period	(1,200)	(1,062)
Cash and cash equivalents at beginning of period	13,448	9,135
Cash and cash equivalents at end of period	12,248	8,073
Supplemental Cash Flows Information
Interest	2,225	$ 2,264
Transfer of loans to foreclosed real estate	$ 28

Nature of Operations

Nature of Operations	9 Months Ended
	Sep. 30, 2020
Nature of Operations
Nature of Operations	1. Nature of Operations Seneca-Cayuga Bancorp, Inc. (the “Holding Company”) is a federally chartered stock holding company and a subsidiary of The Seneca Falls Savings Bank, MHC (the “Mutual Holding Company”), a federally chartered mutual holding company. At September 30, 2020 and December 31, 2019, the Mutual Holding Company owned 1,480,715 shares, or 60.10% and 60.01%, respectively, of the Holding Company’s outstanding stock, and the remaining Holding Company stock is held by the public or has been repurchased by the Holding Company. The Mutual Holding Company activity is not included in the accompanying consolidated financial statements. Generations Bank (the “Bank”) is a wholly owned subsidiary of the Holding Company. Originally called Seneca Falls Savings Bank, the Bank changed its name in 2012 to improve name and brand recognition. On September 29, 2018, Medina Savings and Loan Association (“MSL”), a mutual savings and loan association owned by its depositors, was merged into the Bank as additional retail offices, expanding our market footprint. All assets and liabilities of MSL were acquired and the consideration given in exchange for this mutual transaction was the issuance of Holding Company stock to our Mutual Holding Company. Based on a third party appraised value of MSL, 171,440 shares were issued to the Mutual Holding Company. Effective December 31, 2018, the Bank officially established Generations Commercial Bank (the “Commercial Bank”), a New York State chartered limited-purpose commercial bank formed expressly to enable local municipalities to deposit public funds with the Bank in accordance with existing NYS municipal law. Although having received regulatory approval and funding the Commercial Bank with $2,500,000 in capital in the year-end December 31, 2018, the Commercial Bank opened for business on January 2, 2019. The Bank maintains its executive offices and main retail location in Seneca Falls, New York, with retail offices in Waterloo, Geneva, Auburn, Union Springs, Phelps, Farmington, Medina and Albion, New York. The Bank is a community-oriented savings institution whose business primarily consists of accepting deposits from customers within its market area and investing those funds in loans secured by one- to four-family residential real estate, commercial real estate, business or personal assets and in investment securities. The Bank also offers financial and investments services to its customers through licensed employees. In addition, Generations Agency, Inc. (the “Agency”) offers personal and commercial insurance products through licensed employees in the same market area. The Agency is the Bank’s wholly-owned subsidiary. General The Boards of Directors of Seneca-Cayuga Bancorp Inc., The Seneca Falls Savings Bank, MHC, Generations Bank and Generations Bancorp have adopted a plan of conversion pursuant to which Generations Bank will reorganize from a mutual holding company structure to a stock holding company structure. Public stockholders of Seneca-Cayuga Bancorp will receive shares in Generations Bancorp in exchange for their shares of Seneca-Cayuga Bancorp common stock based on an exchange ratio. This conversion to a stock holding company structure also includes the offering by Generations Bancorp of shares of its common stock to eligible depositors of Generations Bank, eligible depositors of Generations Commercial Bank and to the public, including Seneca-Cayuga Bancorp stockholders, in a subscription offering and, if necessary, in a community offering and/or in a separate offering through a syndicate of broker-dealers. Following the conversion and offering, The Seneca Falls Savings Bank, MHC and Seneca-Cayuga Bancorp will no longer exist, and Generations Bancorp will be the parent company of Generations Bank. The plan of conversion provides that we will offer shares of common stock for sale in the subscription offering to eligible account holders, our tax-qualified employee benefit plans, including our employee stock ownership plan, supplemental eligible account holders, and other members (qualifying depositors). In addition, we may offer common stock for sale in a community offering to members of the general public, with a preference given in the following order: (i) Natural persons (including trusts of natural persons) residing in the New York counties of Cayuga, Seneca, Ontario and Orleans; and (ii) Seneca-Cayuga Bancorp’s public stockholders at the close of business November 2, 2020. Upon completion of the offering, the holders of common stock of Generations Bancorp will have voting rights in Generations Bancorp. They will elect Generations Bancorp’s board of directors and act on other matters as are required to be presented to them under Maryland law or as otherwise presented to them by the board of directors. Generally, each holder of common stock will be entitled to one vote per share and will not have any right to cumulate votes in the election of directors. Any person who beneficially owns more than 10% of the then-outstanding shares of Generations Bancorp’s common stock, however, will not be permitted to vote any of the shares of common stock held in excess of the 10% limit. If Generations Bancorp issues shares of preferred stock, holders of preferred stock may also possess voting rights. Certain matters may require the approval of 80% of our outstanding common stock. We do not intend to pay dividends following the completion of the offering. However, our board of directors will have the authority to declare dividends on our shares of common stock, subject to statutory and regulatory requirements. In determining whether to pay a cash dividend and the amount of such cash dividend, the board of directors would take into account a number of factors, including capital requirements, our financial condition and results of operations, other uses of the funds for the long-term value of shareholders, tax considerations, statutory and regulatory limitations and general economic conditions. Special cash dividends, stock dividends or return of capital, to the extent permitted by regulations and policies of the Federal Reserve Board and the OCC, may be paid in addition to, or in lieu of, regular cash dividends. Conversion costs will be deferred and reduce the proceeds from the shares sold in the Conversion. If the Conversion is not completed, all costs will be expensed. There were no conversion costs recorded at December 31, 2019. At September 30, 2020 the company has capitalized $514,000 in conversion costs. The Conversion will be accounted for as a change in corporate form with the historic basis of the Company’s assets, liabilities and equity unchanged as a result. Interim Financial Statements The interim condensed consolidated financial statements as of September 30, 2020, and for the three and nine months ended September 30, 2020 and 2019, are unaudited and reflect all normal recurring adjustments that are, in the opinion of management, necessary for a fair presentation of the results for the interim periods presented. Such adjustments are the only adjustments contained in these unaudited consolidated financial statements. These unaudited condensed consolidated financial statements have been prepared according to the rules and regulations of the Securities and Exchange Commission, and therefore certain information and footnote disclosures normally included in the financial statements prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) have been omitted. The results of operations for the three and nine months ended September 30, 2020, are not necessarily indicative of the results to be achieved for the remainder of the year ending December 31, 2020, or any other period. Certain prior period data presented in the consolidated financial statements have been reclassified to conform with current year presentation. The accompanying condensed consolidated financial statements should be read in conjunction with the financial statements and notes thereto of the Company for the year ended December 31, 2019 included in the Company’s Form S-1. Reference is made to the accounting policies of the Company described in the Notes to Financial Statements contained in Form S-1.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2020
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)	2. Accumulated Other Comprehensive Income (Loss) The balances and changes in the components of accumulated other comprehensive income (loss), net of tax, are as follows: Unrealized Accumulated (Losses) Gains Defined Other Three Months Ended September 30, on Securities Benefit Comprehensive (In thousands) Available-for-Sale Pension Plan Income (Loss) (unaudited) Balance, June 30, 2020 $ 1,326 $ (2,267) $ (941) Other comprehensive gain before reclassifications 124 — 124 Amounts reclassified from AOCI to the income statement (379) 26 (353) Net current-period other comprehensive income (loss) (255) 26 (229) Balance, September 30, 2020 $ 1,071 $ (2,241) $ (1,170) Balance, June 30, 2019 $ 595 $ (2,598) $ (2,003) Other comprehensive gain before reclassifications 360 — 360 Amounts reclassified from AOCI to the income statement (209) 37 (172) Net current-period other comprehensive income 151 37 188 Balance, September 30, 2019 $ 746 $ (2,561) $ (1,815) Unrealized Accumulated (Losses) Gains Defined Other Nine Months Ended September 30, on Securities Benefit Comprehensive (In thousands) Available-for-Sale Pension Plan Income (Loss) (unaudited) Balance, January 1, 2020 $ 658 $ (2,320) $ (1,662) Other comprehensive gain before reclassifications 792 — 792 Amounts reclassified from AOCI to the income statement (379) 79 (300) Net current-period other comprehensive income 413 79 492 Balance, September 30, 2020 $ 1,071 $ (2,241) $ (1,170) Balance, January 1, 2019 $ 262 $ (2,673) $ (2,411) Other comprehensive gain before reclassifications 693 — 693 Amounts reclassified from AOCI to the income statement (209) 112 (97) Net current-period other comprehensive income 484 112 596 Balance, September 30, 2019 $ 746 $ (2,561) $ (1,815) The following table presents the amounts reclassified out of each component of accumulated other comprehensive loss for the nine months ended September 30, 2020 and 2019 and for years ended December 31, 2019: Amounts Reclassified From AOCI (2) For Three Months For Nine Months Ended September 30, Ended September 30, Affected Line Item in the (In thousands) 2020 2019 2020 2019 Statement of Income (unaudited) (unaudited) Available-for-sale securities: Realized gain on sale of securities $ (480) $ (237) $ (480) $ (264) Net gain on sale of securities Tax effect 101 50 101 55 Expense for income taxes $ (379) $ (187) $ (379) $ (209) Net income Defined benefit pension plan: Retirement plan net losses recognized in net periodic pension cost $ 33 $ 47 $ 100 $ 143 Compensation and benefits Tax effect (7) (10) (21) (31) Benefit for income taxes $ 26 $ 37 $ 79 $ 112 Net income (2) Amounts in parentheses indicate debits in net income.

Earnings Per Common Share

Earnings Per Common Share	9 Months Ended
	Sep. 30, 2020
Earnings Per Common Share
Earnings Per Common Share	3. Earnings Per Common Share Basic earnings per common share is calculated by dividing net income by the weighted-average number of common shares outstanding during the period. The weighted-average number of common shares outstanding was 2,456,000,for the nine months ended September 30, 2020 and 2019 and 2,458,000 and 2,456,000 for the three months ended September 30, 2020 and for 2019. The Company has not granted any restricted stock awards or stock options and had no potentially dilutive common stock equivalents. Unallocated common shares held by the ESOP are not included in the weighted-average number of common shares outstanding for purposes of calculating basic earnings per common share until they are committed to be released. On May 20, 2008, the Board of Directors of the Company authorized a stock repurchase program pursuant to which the Company was authorized to repurchase up to 5% of its outstanding shares (excluding shares held by Seneca Falls Savings Bank, MHC, the Company’s mutual holding company), or up to 119,025 shares. The timing of the repurchases will depend on certain factors, including but not limited to, market conditions and prices, the Company’s liquidity requirements and alternative uses of capital. Repurchased shares are held as treasury stock and are available for general corporate purposes. The Company conducts such repurchases in accordance with a Rule 10b5 1 trading plan.

Securities

Securities	9 Months Ended
	Sep. 30, 2020
Securities
Securities	4. Securities Investments in securities available-for-sale, held-to-maturity and equity at September 30, 2020 and December 31, 2019 are summarized as follows: September 30, 2020 (unaudited) Gross Gross Amortized Unrealized Unrealized Fair (in thousands) Cost Gains Losses Value Securities available-for-sale: Residential mortgage-backed - US agency and GSEs $ 41 $ 2 $ (1) $ 42 State and political subdivisions 21,735 1,355 — 23,090 Total securities available-for-sale $ 21,776 $ 1,357 $ (1) $ 23,132 Securities held-to-maturity: Residential mortgage-backed - US agency and GSEs $ 1,616 $ 41 $ (4) $ 1,653 Total securities held-to-maturity $ 1,616 $ 41 $ (4) $ 1,653 Equity securities: Large cap equity mutual fund $ 33 $ 33 Other mutual funds 561 561 Total of equity securities $ 594 $ 594 December 31, 2019 Gross Gross Amortized Unrealized Unrealized Fair (in thousands) Cost Gains Losses Value Securities available-for-sale: Residential mortgage-backed - US agency and GSEs $ 48 $ 2 $ — $ 50 State and political subdivisions 29,746 903 (72) 30,577 Total securities available-for-sale $ 29,794 $ 905 $ (72) $ 30,627 Securities held-to-maturity: Residential mortgage-backed - US agency and GSEs 2,078 36 (4) 2,110 Total securities held-to-maturity $ 2,078 $ 36 $ (4) $ 2,110 Equity securities: Large cap equity mutual fund $ 31 $ 31 Other mutual funds 2,548 2,548 Total of equity securities $ 2,579 $ 2,579 Gross unrealized losses on investment securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, is as follows: September 30, 2020 (unaudited) 12 Months or Less More than 12 Months Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (in thousands) Value Losses Value Losses Value Losses Securities available-for-sale: Residential mortgage-backed - US agency and GSEs $ 25 $ (1) $ — $ — $ 25 $ (1) Total securities available-for-sale $ 25 $ (1) $ — $ — $ 25 $ (1) Securities held-to-maturity: Residential mortgage-backed - US agency and GSEs $ 165 $ (2) $ 99 $ (2) $ 264 $ (4) Total securities held-to-maturity $ 165 $ (2) $ 99 $ (2) $ 264 $ (4) December 31, 2019 12 Months or Less More than 12 Months Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (in thousands) Value Losses Value Losses Value Losses Securities available-for-sale: Residential mortgage-backed - US agency and GSEs* $ — $ — $ 4 $ — $ 4 $ — State and political subdivisions 8,779 (72) — — 8,779 (72) Total securities available-for-sale $ 8,779 $ (72) $ 4 $ — $ 8,783 $ (72) Securities held-to-maturity: Residential mortgage-backed - US agency and GSEs $ 68 $ (1) $ 217 $ (3) $ 285 $ (4) Total securities held-to-maturity $ 68 $ (1) $ 217 $ (3) $ 285 $ (4) * Gross unrealized losses are less than $1,000. The Company conducts a formal review of investment securities on a quarterly basis for the presence of other-than-temporary impairment (“OTTI”). Management assesses whether OTTI is present when the fair value of a debt security is less than its amortized cost basis at the statement of financial condition date. Under these circumstances, OTTI is considered to have occurred (1) if we intend to sell the security; (2) if it is “more likely than not” we will be required to sell the security before recovery of its amortized cost basis; or (3) the present value of expected cash flows is not sufficient to recover the entire amortized cost basis. Credit-related OTTI is recognized in earnings while non-credit-related OTTI on securities not expected to be sold is recognized in other comprehensive income. Non-credit-related OTTI is based on other factors, including illiquidity. Presentation of OTTI is made in the consolidated statement of operations on a gross basis, including both the portion recognized in earnings as well as the portion recorded in other comprehensive income. Normally, the gross OTTI would then be offset by the amount of non-credit-related OTTI, showing the net as the impact on earnings. All OTTI charges have been credit-related to date, and therefore no offset has been presented on the consolidated statements of income. Twelve government agency and government sponsored enterprise (GSE) residential mortgage-backed security holdings have an unrealized loss as of September 30, 2020. The securities were issued by the Federal National Mortgage Association (FNMA), Federal Home Loan Mortgage Corporation (FHLMC) and the Government National Mortgage Association (GNMA). All of the nine government-backed securities that have unrealized losses are immaterial, with each of these securities having value deficiencies of $1,200 or less. None of the securities demonstrate a steadily increasing loss ratio and values fluctuate in reaction to the uncertainty of the economy. Principal and interest continue to be received on all securities as anticipated. The Company has the ability and intent to hold the securities through maturity or recovery of its amortized cost basis. With the government guarantees in place, management does not expect losses on these securities. No OTTI is deemed present on these securities. The following is a summary of the amortized cost and estimated fair values of debt securities at September 30, 2020, by remaining term to contractual maturity other than mortgage-backed securities. Actual maturities may differ from these amounts because certain issuers have the right to call or redeem their obligations prior to contractual maturity. The contractual maturities of mortgage-backed securities generally exceed 20 years; however, the effective average life is expected to be substantially shorter due to anticipated repayments and prepayments. September 30, 2020 (unaudited) Securities Securities Available-for-Sale Held-to-Maturity Amortized Estimated Amortized Estimated (in thousands) Cost Fair Value Cost Fair Value Due in one year or less $ 974 $ 974 $ — $ — Due over one year through five years 534 560 — — Due over five through ten years 4,629 4,934 — — Due after ten years 15,598 16,622 — — 21,735 23,090 — — Residential mortgage-backed securities 41 42 1,616 1,653 Total $ 21,776 $ 23,132 $ 1,616 $ 1,653 Gross realized gains (losses) on sales and redemptions of available-for sale securities are detailed below: Three Months Ended Nine Months Ended September 30, September 30, (In thousands) 2019 2020 2019 (unaudited) (unaudited) (unaudited) (unaudited) Realized gains $ 480 $ 264 $ 480 $ 264 Realized losses — — — — $ 480 $ 264 $ 480 $ 264 Gains and losses on the sales of securities are recognized in income when sold, using the specific identification method, on a trade date basis. Securities with a fair value of $22,243,000 and $21,773,000 were pledged to collateralize certain deposit arrangements at September 30, 2020 and December 31, 2019 respectively.

Loans Receivable

Loans Receivable	9 Months Ended
	Sep. 30, 2020
Loans Receivable
Loans Receivable	5. Loans Receivable Major classifications of loans at September 30, 2020 and December 31, 2019 are as follows: September 30, December 31, (In thousands) 2020 2019 (unaudited) Originated Loans Residential mortgages: One- to four-family $ 115,845 $ 120,208 Construction — 828 115,845 121,036 Commercial loans: Real estate - nonresidential 25,334 33,581 Multi-family 5,158 5,585 Construction 92 100 Commercial business 27,014 14,028 57,598 53,294 Consumer: Home equity and junior liens 10,066 10,170 Manufactured homes 38,072 23,769 Automobile 22,004 21,083 Student 2,267 2,251 Recreational vehicle 13,547 263 Other consumer 4,073 1,724 90,029 59,260 Total originated loans 263,472 233,590 Net deferred loan costs 10,585 4,986 Less allowance for loan losses (2,116) (1,660) Net originated loans $ 271,941 $ 236,916 September 30, December 31, (In thousands) 2020 2019 (unaudited) Acquired Loans Residential mortgages: One- to four-family $ 15,225 $ 18,506 Construction — — 15,225 18,506 Commercial loans: Real estate - nonresidential 1,979 2,115 Commercial business 372 404 2,351 2,519 Consumer: Home equity and junior liens 1,461 1,833 Other consumer 211 361 1,672 2,194 Total acquired loans 19,248 23,219 Net deferred loan costs (69) (91) Fair value credit and yield adjustment (373) (424) Net acquired loans $ 18,806 $ 22,704 September 30, December 31, (In thousands) 2020 2019 (unaudited) Total Loans Residential mortgages: One- to four-family $ 131,070 $ 138,714 Construction — 828 131,070 139,542 Commercial loans: Real estate - nonresidential 27,313 35,696 Multi-family 5,158 5,585 Construction 92 100 Commercial business 27,386 14,432 59,949 55,813 Consumer: Home equity and junior liens 11,527 12,003 Manufactured homes 38,072 23,769 Automobile 22,004 21,083 Student 2,267 2,251 Recreational vehicle 13,547 263 Other consumer 4,284 2,085 91,701 61,454 Total Loans 282,720 256,809 Net deferred loan costs 10,516 4,895 Fair value credit and yield adjustment (373) (424) Less allowance for loan losses (2,116) (1,660) Loans receivable, net $ 290,747 $ 259,620 The Company grants residential mortgage, commercial and consumer loans to customers throughout the Finger Lakes region of New York State, which includes parts of Cayuga, Seneca, Wayne, Yates and Ontario counties as well as Orleans County as a result of the 2018 merger. Although the Company has a diversified loan portfolio, a substantial portion of its debtors’ abilities to honor their contracts is dependent upon the counties’ employment and economic conditions. To further diversify the loan portfolio, the Company also purchases loans that have been originated outside of the region. High quality automobile loans, originated in Northeastern United States, are purchased regularly from BCI Financial Corporation, a Connecticut Company. In 2019, the Company also began to purchase modular home loans originated throughout the United States from Triad Financial Services, Inc., who then services the loans for the Company. In 2020, the Company began to purchase automobile and recreational vehicle loans originated in New York State from OneSource Financial. Loan Origination / Risk Management The Company has lending policies and procedures in place that are designed to maximize loan income within an acceptable level of risk. Management reviews and approves these policies and procedures on a regular basis. A reporting system supplements the review process by frequently providing management with reports related to loan production, loan quality, loan delinquencies, non-performing and potential problem loans. Diversification in the loan portfolio is a means of managing risk associated with fluctuations in economic conditions. The loan portfolio is segregated into risk rating categories based on the borrower’s overall financial condition, repayment sources, guarantors, and value of collateral, if appropriate. The risk ratings are evaluated at least annually for commercial loans unless credit deficiencies arise, such as delinquent loan payments, for commercial, residential mortgage or consumer loans. Credit quality risk ratings include regulatory classifications of special mention, substandard, doubtful and loss. Loans classified as loss are considered uncollectible and are charged to the allowance for loan loss. Loans not classified are rated as pass. The following table presents the classes of the loan portfolio summarized by the pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of September 30, 2020 and December 31 2019: September 30, 2020 (unaudited) Special (In thousands) Pass Mention Substandard Doubtful Total Originated Loans Residential mortgages: One- to four-family $ 111,445 $ 1,793 $ 2,607 $ — $ 115,845 Construction — — — — — 111,445 1,793 2,607 — 115,845 Commercial loans: Real estate - nonresidential 20,289 1,708 3,337 — 25,334 Multi-family 5,158 — — — 5,158 Construction 92 — — — 92 Commercial business 24,213 476 2,325 — 27,014 49,752 2,184 5,662 — 57,598 Consumer: Home equity and junior liens 10,007 20 39 — 10,066 Manufactured homes 37,646 240 186 — 38,072 Automobile 21,933 28 43 — 22,004 Student 2,267 — — — 2,267 Recreational vehicle 13,547 — — — 13,547 Other consumer 4,029 15 29 — 4,073 89,429 303 297 — 90,029 Total originated loans $ 250,626 $ 4,280 $ 8,566 $ — $ 263,472 Special (In thousands) Pass Mention Substandard Doubtful Total Acquired Loans Residential mortgages: One- to four-family $ 14,460 $ 532 $ 233 $ — $ 15,225 14,460 532 233 — 15,225 Commercial loans: Real estate - nonresidential 1,979 — — — 1,979 Commercial business 372 — — — 372 2,351 — — — 2,351 Consumer: Home equity and junior liens 1,417 — 44 — 1,461 Other consumer 211 — — — 211 1,628 — 44 — 1,672 Total acquired loans $ 18,439 $ 532 $ 277 $ — $ 19,248 Special (In thousands) Pass Mention Substandard Doubtful Total Total Loans Residential mortgages: One- to four-family $ 125,905 $ 2,325 $ 2,840 $ — $ 131,070 Construction — — — — — 125,905 2,325 2,840 — 131,070 Commercial loans: Real estate - nonresidential 22,268 1,708 3,337 — 27,313 Multi-family 5,158 — — — 5,158 Construction 92 — — — 92 Commercial business 24,585 476 2,325 — 27,386 52,103 2,184 5,662 — 59,949 Consumer: Home equity and junior liens 11,424 20 83 — 11,527 Manufactured homes 37,646 240 186 — 38,072 Automobile 21,933 28 43 — 22,004 Student 2,267 — — — 2,267 Recreational vehicle 13,547 — — — 13,547 Other consumer 4,240 15 29 — 4,284 91,057 303 341 — 91,701 Total loans $ 269,065 $ 4,812 $ 8,843 $ — $ 282,720 December 31, 2019 Special (In thousands) Pass Mention Substandard Doubtful Total Originated Loans Residential mortgages: One- to four-family $ 116,414 $ 2,159 $ 1,635 $ — $ 120,208 Construction 828 — — — 828 117,242 2,159 1,635 — 121,036 Commercial loans: Real estate - nonresidential 29,192 1,479 2,910 — 33,581 Multi-family 5,585 — — — 5,585 Construction 100 — — — 100 Commercial business 10,222 1,798 2,008 — 14,028 45,099 3,277 4,918 — 53,294 Consumer: Home equity and junior liens 10,030 96 44 — 10,170 Manufactured homes 23,686 83 — — 23,769 Automobile 20,975 54 54 — 21,083 Student 2,251 — — — 2,251 Recreational vehicle 263 — — — 263 Other consumer 1,721 2 1 — 1,724 58,926 235 99 — 59,260 Total originated loans $ 221,267 $ 5,671 $ 6,652 $ — $ 233,590 Special (In thousands) Pass Mention Substandard Doubtful Total Acquired Loans Residential mortgages: One- to four-family $ 17,387 $ 805 $ 314 $ — $ 18,506 17,387 805 314 — 18,506 Commercial loans: Real estate - nonresidential 2,115 — — — 2,115 Commercial business 404 — — — 404 2,519 — — — 2,519 Consumer: Home equity and junior liens 1,746 — 87 — 1,833 Other consumer 361 — — — 361 2,107 — 87 — 2,194 Total acquired loans $ 22,013 $ 805 $ 401 $ — $ 23,219 Special (In thousands) Pass Mention Substandard Doubtful Total Total Loans Residential mortgages: One- to four-family $ 133,801 $ 2,964 $ 1,949 $ — $ 138,714 Construction 828 — — — 828 134,629 2,964 1,949 — 139,542 Commercial loans: Real estate - nonresidential 31,307 1,479 2,910 — 35,696 Multi-family 5,585 — — — 5,585 Construction 100 — — — 100 Commercial business 10,626 1,798 2,008 — 14,432 47,618 3,277 4,918 — 55,813 Consumer: Home equity and junior liens 11,776 96 131 — 12,003 Manufactured homes 23,686 83 — — 23,769 Automobile 20,975 54 54 — 21,083 Student 2,251 — — — 2,251 Recreational vehicle 263 — — — 263 Other consumer 2,082 2 1 — 2,085 61,033 235 186 — 61,454 Total loans $ 243,280 $ 6,476 $ 7,053 $ — $ 256,809 Management has reviewed its loan portfolio and determined that, to the best of its knowledge, little or no exposure exists to sub-prime or other high-risk residential mortgages. The Company is not in the practice of originating these types of loans. The Company did originate a small portfolio of sub-prime automobile loans in 2014. Upon assessment of the higher risk in this portfolio, the lending product was discontinued. It is anticipated to pay down quickly over a short-term. The allowance for loan losses was increased to cover the exposure inherent in the sub-prime automobile portfolio. The total outstanding balance of this discontinued sub-prime portfolio was $22,000 and $181,000 at September 30, 2020 and December 31, 2019, respectively. Of the amount outstanding, $18,000 and $125,000 of these loans were current and paying as agreed at September 30, 2020, and December 31, 2019, respectively. Non-accrual and Past Due Loans Loans are considered past due if the required principal and interest payments have not been received within thirty days of the payment due date. For all classes of loans receivable, the accrual of interest is discontinued when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about further collectability of principal or interest, even though the loan may be currently performing. A loan may remain on accrual status if it is in the process of collection and is either guaranteed or well secured. When a loan is placed on non-accrual status, unpaid interest is reversed and charged to interest income. Interest received on non-accrual loans, including impaired loans, generally is either applied against principal or reported as interest income, according to management’s judgement as to the collectability of principal. Generally, loans are restored to accrual status when the obligation is brought current, has performed in accordance with the contractual terms for a reasonable period of time and the ultimate collectability of the total contractual principal and interest is no longer in doubt. Non-accrual troubled debt restructurings are restored to accrual status if principal and interest payments, under the modified terms, are current for six consecutive months after modification. When future collectability of the recorded loan balance is expected, interest income may be recognized on a cash basis. In the case where a non-accrual loan had been partially charged off, recognition of interest on a cash basis is limited to that which would have been recognized on the recorded loan balance at the contractual interest rate. Cash interest receipts in excess of that amount are recorded as recoveries to allowance for loan losses until prior charge-offs have been fully recovered. An age analysis of past due loans, segregated by class of loans, as of September 30, 2020 and December 31, 2019 are as follows: September 30, 2020 (unaudited) 90 Days 30-59 Days 60-89 Days or More Total Total Loans Total Loans (In thousands) Past Due Past Due Past Due Past Due Current Receivable Originated Loans Residential mortgage loans: One- to four-family $ 2,359 $ 1,083 $ 2,307 $ 5,749 $ 110,096 $ 115,845 Construction — — — — — — 2,359 1,083 2,307 5,749 110,096 115,845 Commercial loans: Real estate - nonresidential 561 114 912 1,587 23,747 25,334 Multi-family — 42 — 42 5,116 5,158 Construction — — — — 92 92 Commercial business 428 208 157 793 26,221 27,014 989 364 1,069 2,422 55,176 57,598 Consumer loans: Home equity and junior liens 64 31 39 134 9,932 10,066 Manufactured homes 495 120 186 801 37,271 38,072 Automobile 147 50 43 240 21,764 22,004 Student — — — — 2,267 2,267 Recreational vehicle — — 29 29 13,518 13,547 Other consumer 26 15 — 41 4,032 4,073 732 216 297 1,245 88,784 90,029 Total originated loans $ 4,080 $ 1,663 $ 3,673 $ 9,416 $ 254,056 $ 263,472 90 Days 30-59 Days 60-89 Days or More Total Total Loans Total Loans (In thousands) Past Due Past Due Past Due Past Due Current Receivable Acquired Loans Residential mortgage loans: One- to four-family $ 275 $ 133 $ 233 $ 641 $ 14,584 $ 15,225 Construction — — — — — — 275 133 233 641 14,584 15,225 Commercial loans: Real estate - nonresidential — — — — 1,979 1,979 Commercial business — — — — 372 372 — — — — 2,351 2,351 Consumer loans: Home equity and junior liens — — 44 44 1,417 1,461 Other consumer 2 — — 2 209 211 2 — 44 46 1,626 1,672 Total acquired loans $ 277 $ 133 $ 277 $ 687 $ 18,561 $ 19,248 90 Days 30-59 Days 60-89 Days or More Total Total Loans Total Loans (In thousands) Past Due Past Due Past Due Past Due Current Receivable Total Loans Residential mortgage loans: One- to four-family $ 2,634 $ 1,216 $ 2,540 $ 6,390 $ 124,680 $ 131,070 Construction — — — — — — 2,634 1,216 2,540 6,390 124,680 131,070 Commercial loans: Real estate - nonresidential 561 114 912 1,587 25,726 27,313 Multi-family — 42 — 42 5,116 5,158 Construction — — — — 92 92 Commercial business 428 208 157 793 26,593 27,386 989 364 1,069 2,422 57,527 59,949 Consumer loans: Home equity and junior liens 64 31 83 178 11,349 11,527 Manufactured homes 495 120 186 801 37,271 38,072 Automobile 147 50 43 240 21,764 22,004 Student — — — — 2,267 2,267 Recreational vehicle 181 21 — 202 13,345 13,547 Other consumer 28 15 29 72 4,212 4,284 915 237 341 1,493 90,208 91,701 Total loans $ 4,538 $ 1,817 $ 3,950 $ 10,305 $ 272,415 $ 282,720 December 31, 2019 90 Days 30-59 Days 60-89 Days or More Total Total Loans Total Loans (In thousands) Past Due Past Due Past Due Past Due Current Receivable Originated Loans Residential mortgage loans: One- to four-family $ 2,963 $ 1,656 $ 1,945 $ 6,564 $ 113,644 $ 120,208 Construction — — — — 828 828 2,963 1,656 1,945 6,564 114,472 121,036 Commercial loans: Real estate - nonresidential 350 1,388 912 2,650 30,931 33,581 Multi-family — — — — 5,585 5,585 Construction — — — — 100 100 Commercial business 540 24 73 637 13,391 14,028 890 1,412 985 3,287 50,007 53,294 Consumer loans: Home equity and junior liens 80 71 67 218 9,952 10,170 Manufactured homes 179 83 — 262 23,507 23,769 Automobile 207 54 54 315 20,768 21,083 Student 35 — — 35 2,216 2,251 Recreational vehicle — — — — 263 263 Other consumer 57 2 — 59 1,665 1,724 558 210 121 889 58,371 59,260 Total originated loans $ 4,411 $ 3,278 $ 3,051 $ 10,740 $ 222,850 $ 233,590 90 Days 30-59 Days 60-89 Days or More Total Total Loans Total Loans (In thousands) Past Due Past Due Past Due Past Due Current Receivable Acquired Loans Residential mortgage loans: One- to four-family $ 457 $ 293 $ 314 $ 1,064 $ 17,442 $ 18,506 — — — — — — Commercial loans: 457 293 314 1,064 17,442 18,506 Real estate - nonresidential Commercial business — — — — 2,115 2,115 Other commercial and industrial — — — — 404 404 — — — — 2,519 2,519 Consumer loans: Home equity and junior liens 11 63 87 161 1,672 1,833 Other consumer 1 18 — 19 342 361 12 81 87 180 2,014 2,194 Total acquired loans $ 469 $ 374 $ 401 $ 1,244 $ 21,975 $ 23,219 90 Days 30-59 Days 60-89 Days or More Total Total Loans Total Loans (In thousands) Past Due Past Due Past Due Past Due Current Receivable Total Loans Residential mortgage loans: One- to four-family $ 3,420 $ 1,949 $ 2,259 $ 7,628 $ 131,086 $ 138,714 Construction — — — — 828 828 3,420 1,949 2,259 7,628 131,914 139,542 Commercial loans: Real estate - nonresidential 350 1,388 912 2,650 33,046 35,696 Multi-family — — — — 5,585 5,585 Construction — — — — 100 100 Commercial business 540 24 73 637 13,795 14,432 890 1,412 985 3,287 52,526 55,813 Consumer loans: Home equity and junior liens 91 134 154 379 11,624 12,003 Manufactured homes 179 83 — 262 23,507 23,769 Automobile 207 54 54 315 20,768 21,083 Student 35 — — 35 2,216 2,251 Recreational vehicle — — — — 263 263 Other consumer 58 20 — 78 2,007 2,085 570 291 208 1,069 60,385 61,454 Total loans $ 4,880 $ 3,652 $ 3,452 $ 11,984 $ 244,825 $ 256,809 Non-accrual loans, segregated by class of loan, were as follows: September 30, December 31, (In thousands) 2020 2019 (Unaudited) Residential mortgage loans: 1-4 family first-lien $ 2,540 $ 2,259 Construction — — 2,540 2,259 Commercial loans: Real estate - nonresidential 912 2,509 Real estate - multi-family — — Construction — — Other commercial and industrial 157 1,195 1,069 3,704 Consumer loans: Home equity and junior liens 83 154 Manufactured homes 186 — Automobile 43 54 Student — — Recreational Vehicle 29 Other consumer — — 341 208 Total non-accrual loans $ 3,950 $ 6,171 There were no loans past due more than ninety days and still accruing interest at September 30, 2020 and December 31, 2019. The increase in the nonresidential and commercial loans that are non-accrual is attributable to one commercial relationship totaling $2.7 million that experienced performance issues and was restructured in December 2019. Although the loans are all current at year-end the restructure met the criteria for a Troubled Debt Restructuring, and as such, the accrual of interest has been suspended until the loans perform under the modified terms for a period of Nine Months. Troubled Debt Restructurings The Company is required to disclose certain activities related to Troubled Debt Restructurings (TDR) in accordance with accounting guidance. Certain loans have been modified in a TDR where economic concessions have been granted to a borrower who is experiencing, or expected to experience, financial difficulties. These economic concessions could include a reduction in the loan interest rate, extension of payment terms, reduction of principal amortization, or other actions that the Company would not otherwise consider for a new loan with similar risk characteristics. The recorded investment for each TDR loan is determined by the outstanding balance less the allowance associated with the loan. At December 31, 2019, all ten of the modified loans are still outstanding, for a total of $81,000. Two of the outstanding auto TDRs are in non-accrual status due to delinquency greater than 90 days. Each of the other remaining TDR loans continues to accrue interest and have not defaulted since restructuring. Although these loans are considered impaired because they are TDR, they have not been assigned a specific reserve due to the small balance of the individual loans. At September 30, 2020, six of the modified loans are outstanding, for a total of $47,000. One of the outstanding auto TDRs is in non-accrual status due to delinquency greater than 90 days. Each of the other remaining TDR loans continues to accrue interest and not defaulted since restructuring. As a result of the merger in 2018, the Company acquired two consumer loans that met the criteria of a TDR. The two loans had an outstanding balance at December 31, 2018 of approximately $17,000. During 2019, one of those loans failed to perform under the modified terms and the balance of $7,000 was charged off against our loan allowance. The remaining consumer loan had an outstanding balance at December 31, 2019 of $7,000. This was paid in full after year-end. In 2019, the Company modified a commercial loan that was originated through a program with Bankers Healthcare Group (BHG). This loan is also serviced by BHG, who maintains a 50% recourse share in losses from this loan program portfolio. BHG deferred payments for the borrower to bring the loan current after significant delinquency had occurred, making concessions to the maturity date but not the rate or principal due. The principal balance of this loan at December 31, 2019 is $25,000. Since modification, the loan continues to make regular on-time payments under the terms of the modification and is now considered current, but will be reported as a TDR until the outstanding balance is paid in full. The loan balance was $15,000 at September 30, 2020. In 2018, a local automobile dealership with whom the Company has had a long-standing commercial relationship, began to experience cash flow concerns. At that time, additional loans were purchased from the dealership but, in order to ease the dealership’s cash flow and the payment process, the outstanding balance was re-amortized as one debt to one maturity date. The resulting consolidated balance was classified as a commercial loan to the dealership and considered a TDR. Although this loan remained current, the rest of the relationship began to suffer delinquencies and the borrowers needed assistance in determining their cash flow needs and sources. In December 2019, the Company restructured the entire relationship, which included the purchased loans consolidated in the previous year, a nonresidential mortgage, a dealer floorplan line of credit and two commercial term loans. All loans were cross-collateralized, additional collateral was obtained and temporary concessions were made as to loan interest rates and amortization. At September 30, 2020 and December 31, 2019, the total balance of the restructured loans in this relationship is $2,573,000 and $2,718,000, respectively. Regular weekly payments have been received in accordance with the modified terms. Impaired Loans A loan is considered impaired when based on current information and events it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. 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 borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral if the loan is collateral dependent. The following table summarizes impaired loans information by portfolio class as of September 30, 2020 and December 31, 2019: September 30, 2020 Unpaid Recorded Principal Related (In thousands) Investment Balance Allowance (unaudited) (unaudited) (unaudited) With no related allowance recorded: One- to four-family residential mortgages $ 1,724 $ 1,754 $ — Construction residential mortgages — — — Commercial real estate - nonresidential 354 354 — Multi-family — — — Construction commercial — — — Commercial business 809 809 — Home equity and junior liens 72 72 — Manufactured homes — — — Automobile — — — Student — — — Other consumer — — — With an allowance recorded: One- to four-family residential mortgages 915 915 81 Construction residential mortgages — — — Commercial real estate - nonresidential 552 552 276 Multi-family — — — Construction commercial — — — Commercial business 737 737 256 Home equity and junior liens — — — Manufactured homes — — — Automobile 45 45 11 Student — — — Other consumer — — — Total: One- to four-family residential mortgages 2,639 2,669 81 Construction residential mortgages — — — Commercial real estate - nonresidential 906 906 276 Multi-family — — — Construction commercial — — — Commercial business 1,546 1,546 256 Home equity and junior liens 72 72 — Manufactured homes — — — Automobile 45 45 11 Student — — — Other consumer — — — $ 5,208 $ 5,238 $ 624 December 31, 2019 Unpaid Recorded Principal Related (In thousands) Investment Balance Allowance With no related allowance recorded: One- to four-family residential mortgages $ 2,150 $ 2,180 $ — Construction residential mortgages — — — Commercial real estate - nonresidential 2,472 2,472 — Multi-family — — — Construction commercial — — — Commercial business 1,622 1,622 — Home equity and junior liens 131 131 — Manufactured homes — — — Automobile 81 81 — Student — — — Other consumer — — — With an allowance recorded: One- to four-family residential mortgages 132 132 7 Construction residential mortgages — — — Commercial real estate - nonresidential 438 438 250 Multi-family — — — Construction commercial — — — Commercial business 385 385 133 Home equity and junior liens — — — Manufactured homes — — — Automobile — — — Student — — — Other consumer 1 1 1 Total: One- to four-family residential mortgages 2,282 2,312 7 Construction residential mortgages — — — Commercial real estate - nonresidential 2,910 2,910 250 Multi-family — — — Construction commercial — — — Commercial business 2,007 2,007 133 Home equity and junior liens 131 131 — Manufactured homes — — — Automobile 81 81 — Student — — — Other consumer 1 1 1 $ 7,412 $ 7,442 $ 391 The following table presents the average recorded investment in impaired loans: For the Three Months Ended For the Nine months For the Year ended Ended September 30, Ended September 30 December 31, 2020 2020 2019 Average Average Average Recorded Recorded Recorded (In thousands) Investment (unaudited) Investment (unaudited) Investment One- to four-family residential mortgages $ 2,642 $ 2,652 $ 2,309 Construction residential mortgages — — — Commercial real estate - nonresidential 6,907 913 1,453 Multi-family — — — Construction commercial — — — Commercial business 1,543 1,601 1,038 Home equity and junior liens 72 73 132 Manufactured homes — — — Automobile 46 48 89 Student — — — Other consumer — — 1 11,210 5,287 $ 5,022 The following table presents interest income recognized on impaired loans the three- and nine-months periods: Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 (unaudited) (unaudited) (unaudited) (unaudited) One- to four-family residential mortgages $ 15 $ 11 $ 61 $ 42 Construction residential mortgages — — — — Commercial real estate - nonresidential 4 13 14 37 Multi-family — — — — Construction commercial — — — — Commercial business 17 25 43 65 Home equity and junior liens 2 1 4 3 Manufactured homes — — — — Automobile 1 — 3 — Student — — — — Other consumer — — — — $ 39 $ 50 $ 125 $ 147

Allowance for Loan Loss

Allowance for Loan Loss	9 Months Ended
	Sep. 30, 2020
Allowance for Loan Loss
Allowance for Loan Loss	6. Allowance for Loan Loss Changes in the allowance for loan losses and information pertaining to the allocation of the allowance for loan losses and balances of the allowance for loan losses and loans receivable based on individual and collective impairment evaluation by loan portfolio class at and for the three months and nine months ended September 30, 2020 are summarized as follows: For the Three months ended September 30, 2020 (unaudited) One- to four- Construction Commercial Commercial family residential real estate real estate Construction Commercial (In thousands) residential mortgage nonresidential multi-family commercial business Allowance for loan losses: Beginning Balance $ 549 $ 1 $ 509 $ 41 $ — $ 380 Charge-offs — — (48) — — — Recoveries — — — 5 — — Provision for loan losses 44 (1) 10 (27) — 174 Ending balance $ 593 $ — $ 471 $ 19 $ — $ 554 For the Three Months ended September 30, 2020 (cont'd) (unaudited) Home equity Manufactured Recreational Other (In thousands) and junior liens Homes Automobile Student Vehicle Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 38 $ — $ 134 $ 70 $ — $ 46 $ 228 $ 1,996 Charge-offs — — (15) — — — — (63) Recoveries — — 27 2 2 (3) — 31 Provision for loan losses (12) 69 (13) 86 (2) 16 (194) 150 Ending balance $ 26 $ 69 $ 133 $ 158 $ — $ 59 $ 34 $ 2,116 For the Nine months ended September 30, 2020 (unaudited) One- to four- Construction Commercial Commercial family residential real estate real estate Construction Commercial (In thousands) residential mortgage nonresidential multi-family commercial business Allowance for loan losses: Beginning Balance $ 375 $ 2 $ 421 $ 17 $ — $ 527 Charge-offs (8) — (48) — — — Recoveries 2 — — 14 — 140 Provision for loan losses 224 (2) 98 (12) — (113) Ending balance $ 593 $ — $ 471 $ 19 $ — $ 554 Ending balance: related to loans individually evaluated for impairment $ 81 $ — $ 276 $ — $ — $ 256 Ending balance: related to loans collectively evaluated for impairment $ 512 $ — $ 195 $ 19 $ — $ 298 Loans receivable: Ending balance $ 131,070 $ — $ 27,313 $ 5,158 $ 92 $ 27,386 Ending balance: individually evaluated for impairment $ 2,639 $ — $ 906 $ — $ — $ 1,546 Ending balance: collectively evaluated for impairment $ 128,431 $ — $ 26,407 $ 5,158 $ 92 $ 25,840 For the Nine Months ended September 30, 2020 (cont'd) (unaudited) Home equity Manufactured Recreational Other (In thousands) and junior liens Homes Automobile Student Vehicle Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 50 $ — $ 142 $ 69 $ — $ 35 $ 22 $ 1,660 Charge-offs — — (44) — (14) (3) — (117) Recoveries 12 — 62 2 2 9 — 243 Provision for loan losses (36) 69 (27) 87 12 18 12 330 Ending balance $ 26 $ 69 $ 133 $ 158 $ — $ 59 $ 34 $ 2,116 Ending balance: related to loans individually evaluated for impairment $ — $ — $ 11 $ — $ — $ — $ — $ 624 Ending balance: related to loans collectively evaluated for impairment $ 26 $ 69 $ 122 $ 158 $ — $ 59 $ 34 $ 1,492 Loans receivable: Ending balance $ 11,527 $ 38,072 $ 22,004 $ 2,267 $ 13,547 $ 4,284 $ — $ 282,720 Ending balance: individually evaluated for impairment $ 72 $ — $ 45 $ — $ — $ — $ — $ 5,208 Ending balance: collectively evaluated for impairment $ 11,455 $ 38,072 $ 21,959 $ 2,267 $ 13,547 $ 4,284 $ — $ 277,512 December 31, 2019 One- to four- Construction Commercial Commercial family residential real estate real estate Construction Commercial (In thousands) residential mortgage nonresidential multi-family commercial business Allowance for loan losses: Beginning Balance $ 314 $ 1 $ 202 $ 12 $ — $ 523 Charge-offs (42) — (18) — — (106) Recoveries 2 — — 9 — 79 Provision for loan losses 101 1 237 (4) — 31 Ending balance $ 375 $ 2 $ 421 $ 17 $ — $ 527 Ending balance: related to loans individually evaluated for impairment $ 7 $ — $ 250 $ — $ — $ 133 Ending balance: related to loans collectively evaluated for impairment $ 368 $ 2 $ 171 $ 17 $ — $ 394 Loans receivable: Ending balance $ 138,714 $ 828 $ 35,696 $ 5,585 $ 100 $ 14,432 Ending balance: individually evaluated for impairment $ 2,282 $ — $ 2,910 $ — $ — $ 2,007 Ending balance: collectively evaluated for impairment $ 136,432 $ 828 $ 32,786 $ 5,585 $ 100 $ 12,425 December 31, 2019 (cont'd) Home equity Manufactured Other (In thousands) and junior liens Homes Automobile Student Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 58 $ — $ 228 $ 50 $ 28 $ 132 $ 1,548 Charge-offs — — (137) (25) (68) — (396) Recoveries — — 52 1 5 — 148 Provision for loan losses (8) — (1) 43 70 (110) 360 Ending balance $ 50 $ — $ 142 $ 69 $ 35 $ 22 $ 1,660 Ending balance: related to loans individually evaluated for impairment $ — $ — $ — $ — $ 1 $ — $ 391 Ending balance: related to loans collectively evaluated for impairment $ 50 $ — $ 142 $ 69 $ 34 $ 22 $ 1,269 Loans receivable: Ending balance $ 12,003 $ 23,769 $ 21,083 $ 2,251 $ 2,348 $ — $ 256,809 Ending balance: individually evaluated for impairment $ 131 $ — $ 81 $ — $ 1 $ — $ 7,412 Ending balance: collectively evaluated for impairment $ 11,872 $ 23,769 $ 21,002 $ 2,251 $ 2,347 $ — $ 249,397

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2020
Employee Benefit Plans
Employee Benefit Plans	7. Employee Benefit Plans The Company provides pension benefits for eligible employees through two defined benefit pension plans (the “Plans”). The following tables set forth the changes in the Plans’ benefit obligations, fair value of plan assets and the plans’ funded status as of December 31: Generations Bank Plan: For the Three Months Ended September (In thousands) 2020 2019 Net Periodic Expenses recognized in income: (unaudited) Service cost $ 103 $ 94 Interest cost 112 119 Expected return on plan assets (335) (309) Amortization of net losses 34 50 Net periodic pension benefit (86) (46) For the Nine Months Ended September 2020 2019 Net Periodic Expenses recognized in income: (unaudited) Service cost 309 283 Interest cost 336 358 Expected return on plan assets (1,004) (929) Amortization of net losses 101 150 Net periodic pension benefit (258) (138) Medina Savings and Loan Plan: For the Three months Ended September (In thousands) 2020 2019 Net Periodic Expenses recognized in income: (unaudited) Service cost $ 7 $ 5 Interest cost 36 25 Expected return on plan assets (108) (79) Amortization of net losses — (2) Net periodic pension benefit (65) (51) For the Nine Months Ended September 2020 2019 Net Periodic Expenses recognized in income: (unaudited) Service cost 21 14 Interest cost 107 75 Expected return on plan assets (322) (237) Amortization of net losses — (7) Net periodic pension benefit (194) (155)

Regulatory Capital

Regulatory Capital	9 Months Ended
	Sep. 30, 2020
Regulatory Capital
Regulatory Capital	8. Regulatory Capital The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. 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 financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain amounts and ratios (set forth in the table below) of total core and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital (as defined) to total adjusted assets (as defined). The final rules implementing Basel Committee on Banking Supervision’s capital guidelines for U.S. banks (BASEL III rules) became effective for the Bank on January 1, 2015 with full compliance with all of the requirements being phased in over a multi-year schedule, and fully phased in by January 1, 2019. Under the BASEL III rules, the Bank must hold a capital conservation buffer above the adequately capitalized risk-based capital ratios. The capital conservation buffer is being phased in from 0.0% for 2015 to 2.50% by 2019. The capital conservation buffer for 2019 was 2.50%. The net unrealized gain or loss on available for sale securities is not included in computing regulatory capital. Management believes as of September 30, 2020 and December 31, 2019, the Bank meets all capital adequacy requirements to which they are subject. As of December 31, 2019, the most recent notification from the Federal Deposit Insurance Corporation categorized the Bank as “well capitalized” under the regulatory framework for prompt corrective action. To be categorized as “well capitalized” the Bank must maintain minimum total core, risk-based, Tier 1 risk-based and common equity Tier 1 leverage ratios as set forth in the table. There are no conditions or events since that notification that management believes have changed the Bank’s category. The Bank’s actual capital amounts and ratios as of September 30, 2020 and December 31, 2019 are as follows: Minimum Minimum To Be "Well- For Capital Minimum Capitalized" Adequacy Plus Capital For Capital Under Prompt Conservation Buffer Actual Adequacy Purposes Corrective Provisions Basel III Phase-In (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Amount Ratio As of September 30, 2020 (unaudited): Common Equity Tier 1 Capital* $ 27,165 11.56 % $ 11,441 4.50 % $ 16,526 6.50 % $ 17,797 7.00 % Total Capital (to Risk-Weighted Assets) $ 33,713 13.26 % $ 20,340 8.00 % $ 25,425 10.00 % $ 26,696 10.50 % Tier 1 Capital* (to Risk-Weighted Assets) $ 27,165 12.43 % $ 15,255 6.00 % $ 20,340 8.00 % $ 21,611 8.50 % Core Capital (to Total Adjusted Assets) $ 31,597 8.54 % $ 14,798 4.00 % $ 18,498 5.00 % $ 16,648 4.50 % As of December 31, 2019: Common Equity Tier 1 Capital* $ 27,343 11.23 % $ 10,962 4.50 % $ 15,834 6.50 % $ 17,052 7.00 % Total Capital (to Risk-Weighted Assets) $ 31,219 12.82 % $ 19,488 8.00 % $ 24,359 10.00 % $ 25,577 10.50 % Tier 1 Capital* (to Risk-Weighted Assets) $ 27,343 12.13 % $ 14,616 6.00 % $ 19,488 8.00 % $ 20,706 8.50 % Core Capital (to Total Adjusted Assets) $ 29,559 8.37 % $ 14,118 4.00 % $ 17,648 5.00 % $ 15,883 4.50 % * Tier 1 Capital is reduced by low-level recourse for mortgages sold to FHLB. The Company’s goal is to maintain a strong capital position, consistent with the risk profile of its subsidiary bank that supports growth and expansion activities while at the same time exceeding regulatory standards. At September 30, 2020 and December 31, 2019, Generations Bank exceeded all regulatory required minimum capital ratios and met the regulatory definition of a “well-capitalized” institution, i.e. a core capital ratio exceeding 5%, a common equity Tier 1 capital ratio exceeding 6.50%, a Tier 1 risk-based capital ratio exceeding 8% and a total risk-based capital ratio exceeding 10%.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies
Commitments and Contingencies	9. Commitments and Contingencies Credit Commitments The Bank is a party to financial instruments with off-balance sheet risk in the normal course of business in order to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit, which involve, to varying degrees, elements of credit, interest rate or liquidity risk in excess of the amount recognized in the consolidated statements of financial condition. The Bank’s exposure to credit loss in the event of non-performance by the other party to the financial instrument for commitments to extend credit is represented by the contractual amounts of those instruments. The Bank has experienced minimal credit losses to date on its financial instruments with off-balance sheet risk and management does not anticipate any significant losses on its commitments to extend credit outstanding at September 30, 2020. At September 30, 2020 and December 31, 2019, financial instruments whose contract amounts represent credit risk consist of the following: September 30, December 31, (In thousands) 2020 2019 (unaudited) Commitments to grant loans $ 5,529 $ 4,847 Unfunded commitments under lines of credit 16,034 17,072 Standby letters of credit — 400 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. The Bank uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since some of the commitment amounts are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Bank evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Bank upon extension of credit, is based on management’s credit evaluation of the counter party. Collateral held varies but may include residential real estate and income-producing commercial properties. Loan commitments, including unused lines of credit and standby letters of credit, outstanding at September 30, 2020 with fixed interest rates amounted to approximately $16.0 million. Loan commitments, including unused lines of credit and standby letters of credit, outstanding at September 30, 2020 with variable interest rates amounted to approximately $5.5 million. Loan commitments, including unused lines of credit and standby letters of credit, outstanding at December 31, 2019 with fixed interest rates amounted to approximately $10.5 million. Loan commitments, including unused lines of credit and standby letters of credit, outstanding at December 31, 2019 with variable interest rates amounted to approximately $11.8 million. Unfunded commitments under revolving credit lines and overdraft protection agreements are commitments for possible future extensions of credit to existing customers. These lines of credit usually do not contain a specified maturity date and may not be drawn upon to the total extent to which the Company is committed. Letters of credit written are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Generally, all letters of credit, when issued have expiration dates. The credit risk involved in issuing letters of credit is essentially the same as those that are involved in extending loan facilities to customers. The Company generally holds collateral and/or personal guarantees supporting these commitments. Management believes that the proceeds obtained through a liquidation of collateral and the enforcement of guarantees would be sufficient to cover the potential amount of future payments required under the corresponding guarantees. Commitments to Originate and Sell one- to four-family Residential Mortgages The Bank has entered into agreements with the Federal Home Loan Bank of New York as part of its Mortgage Partnership Finance Program (“MPF Program”) to originate and sell one- to four-family residential mortgages. The contracts call for the Bank to provide “best efforts” to meet the commitment, with no penalties to be paid in the event the Bank is not able to fulfill the commitment. At September 30, 2020 and December 31, 2019, there were no open contracts. The Bank generally makes a determination whether to sell a loan between the time the loan is committed to be closed and the day after closing. If a loan is selected to be sold, a commitment to deliver the loan by a certain date is made under the MPF Program. At September 30, 2020 and December 31, 2019, the Bank had no open commitments to deliver loans. In the event that the Bank is not able to deliver a specific loan committed, substitutions can generally be made. Otherwise, the Bank may extend the commitment for a fee, or the Bank is required to pay a pair-off fee. There were no extension or pair-off fees paid by the Bank for the periods ended September 30, 2020 and December 31, 2019. The Bank has sold and funded $68.6 million under the MPF Program, inclusive of USDA loans, to date. The principal outstanding on loans sold under the MPF Program is $12.5 million at September 30, 2020. The Bank continues to service loans sold under the MPF Program. Under the terms of the MPF Program, there is limited recourse back to the Bank for loans that do not perform in accordance with the terms of the loan agreement. Each loan that is sold under the program is “credit enhanced” such that the individual loan’s rating is raised to “AA,” as determined by the Federal Home Loan Bank of New York. The sum of each individual loan’s credit enhancement represents the total recourse back to the Bank. The total recourse back to the Bank for loans sold was $2.2 million at December 31, 2019. A portion of the recourse is offset by a “first loss account” to which funds are allocated by the Federal Home Loan Bank of New York annually in January. The balance of the “first loss account” allocated to the Bank is $78,500 at September 30, 2020. In addition, many of the loans sold under the MPF Program have primary mortgage insurance, which reduces the Bank’s overall exposure. The potential liability for the recourse is considered when the Bank determines its allowance for loan losses. Lease Commitments As part of the MSL merger, the Bank took on the assignment of a non-cancelable operating lease with Wal-Mart East for the space occupied by the Albion retail office. This lease is set to expire on May 31, 2021. Lease expense, since the merger, is included in occupancy expense and was $34,000 for the nine month periods ended September 30, 2020 and 2019 and $45,000 for the year ending December 31, 2019. Future minimum lease commitments under the operating lease are as follows: September 30, December 31, (In thousands) 2020 2019 (unaudited) 11 46 19 19 $ 30 $ 65 The lease contains an option to extend for additional periods, which are not included in the commitments above. There are no plans to renew this lease.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	9 Months Ended
	Sep. 30, 2020
Revenue from Contracts with Customers
Revenue from Contracts with Customers	10. Revenue from Contracts with Customers The majority of the Company’s revenue-generating transactions are not subject to ASC Topic 606, including revenue generated from financial instruments, such as loans and investment securities, which are presented in our consolidated statements of operations as components of net interest income. All of the Company’s revenue from contracts with customers in the scope of Topic 606 is recognized within non-interest income. The following table presents revenues subject to Topic 606 for the three and nine month periods ended September 30, 2020. Three Months Ended Nine Months Ended September 30, September 30, (In thousands) 2020 2019 2020 2019 (unaudited) (unaudited) Service charges on deposit accounts $ 132 $ 123 $ 443 $ 528 Debit card interchange and surcharge income 218 198 561 559 Investment services income 2 44 86 213 Insurance commission and fees 180 194 586 631 Loan servicing fees 54 51 125 104 $ 586 $ 610 $ 1,801 $ 2,035 Service charges on deposit accounts : The Company earns fees from its deposit customers for transaction-based, account maintenance, and overdraft services. Transaction-based fees, which included services such as stop payment charges, wire transfers, and official check charges, are recognized at the time the transaction is executed as that is the point in time the Company fulfills the customer’s request. Account maintenance and inactivity fees, which relate primarily to monthly maintenance and servicing, are recognized at the time the end of the month in which maintenance occurs. Overdraft fees are recognized at the point in time that the overdraft occurs. Service charges on deposits are withdrawn from the customer’s account balance. Debit card interchange and surcharge income : The Company earns interchange income from debit cardholder transactions conducted through the MasterCard International Inc. payment network. Additionally, ATM surcharges are also assessed on foreign (non-customer) users at the Company’s ATM network of machines. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and foreign surcharges are a fixed fee per transaction. Both are recognized daily, concurrently with the transaction processing services provided to cardholder. Investment services income : Prior to June 30, 2020 the Company earned fees from investment brokerage services provided to its customers by an employee who acted as an agent for a third-party service provider, Cadaret Grant. The Company received commissions from Cadaret Grant on a monthly basis based upon customer activity and balances held for the month. The Company employed the agent that arranged the relationship between the customer and the brokerage service provider. Investment brokerage commissions are presented gross based on the commission percentage earned. All related costs are recorded as operating expense. The Company sold this line of business to a third party at June 30, 2020. Insurance commissions and fees : Regular commissions are earned upon the effective date of bound insurance coverage. They are paid by the insurance carrier and recorded by the Company through a monthly remittance. Contingent commissions are based on a contract but are dependent, not only on the level of policies bound with the carrier, but also on loss claim levels experienced through the last day of the year, volume growth or shrinkage. The Agency’s business is not considered to be significant to the carriers, and many of our insurance carriers are combined under an umbrella with other independent agents, making the contingent commission earned dependent on a calculation that includes the experience of others. As such, the level of contingent commissions is not readily determinable until it is paid, but does not have a significant impact on the Company’s financial results. Loan servicing fees : The majority of income derived from loans is excluded from the scope of the amended guidance on accounting for revenue from contracts with customers. However, servicing fee revenue is generated in the form of late charges on customer loans. Late fees are transaction-based and are recognized at the point in time that the customer has exceeded the loan payment grace-period and the Company has earned the fee based on loan note. Fees are assessed as a percentage of the past-due loan payment amount.

Fair Value Disclosures

Fair Value Disclosures	9 Months Ended
	Sep. 30, 2020
Fair Value Disclosures
Fair Value Disclosures	11. Fair Value Disclosures Management uses its best judgment in estimating the fair value of the Company’s financial assets and liabilities; however, there are inherent weaknesses in any estimation technique. Therefore, for substantially all financial assets and liabilities, the fair value estimates herein are not necessarily indicative of the amounts the Company could have realized in a sale transaction on the dates indicated. The estimated fair value amounts have been measured as of their respective reporting dates and have not been re-evaluated or updated for purposes of these financial statements subsequent to those respective dates. As such, the estimated fair values of these financial assets and liabilities subsequent to the respective reporting dates may be different from the amounts reported at each reporting date. The Company uses fair value measurements to record fair value adjustments to certain financial assets and liabilities and to determine fair value disclosures. The fair value of a financial asset or liability is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in some instances, there may be no quoted market prices for the Company’s various financial assets and liabilities. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the financial asset or liability. Fair value measurement guidance established a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date of identical, unrestricted assets or liabilities. Level 2: Quoted prices in markets that are not active, or inputs that are observable directly or indirectly, for substantially the full term of the asset or liability. Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e. supported with little or no market activity). An asset or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. There have been no changes in valuation techniques during the periods ended September 30, 2020 and December 31, 2019. The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparison between the Company’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of the Company’s assets and liabilities at September 30, 2020 and December 31, 2019. Cash and due from banks : The carrying amounts of cash and due from banks approximate fair values. Interest-earning deposits : The carrying amounts of interest-earning term deposits held in banks approximate fair values. Investment securities : The fair values of trading, available-for-sale, held-to-maturity and equity securities are obtained from an independent third party and are based on quoted prices on a nationally recognized exchange (Level 1), where available. At this time, only the equity securities qualify as a Level 1 valuation. If quoted prices are not available, fair values are measured by utilizing matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2). Management made no adjustment to the fair value quotes that were received from the independent third party pricing service. In 2019, the Company purchased municipal bonds from local government entities. Since these deals were constructed between the Company and the small local government entities, they have not been evaluated by a third party service, and there was no discernable market for these investments. As such, it is deemed that the carrying value approximated fair value (Level 3). Municipal Bonds: The significant unobservable inputs used in the fair value measurement of the Company’s municipal bonds are premiums for unrated securities and marketability discounts. Significant increases (decreases) in either of those inputs in isolation would result in a significantly lower (higher) fair value measurement. In general, changes in either of those inputs will not affect the other input. Federal Home Loan Bank (FHLB) stock : The carrying value of FHLB stock approximates fair value based on the redemption provisions of the FHLB, resulting in a Level 2 classification. There have been no identified events or changes in circumstances that may have a significant adverse effect on the FHLB stock. Loans : The fair values of loans, excluding impaired loans, are estimated using discounted cash flow analyses, using market rates at the statement of financial condition date that reflect the credit and interest rate risk inherent in the loans, resulting in a Level 3 classification. Projected future cash flows are calculated based upon contractual maturity or call dates, projected repayments and prepayments of principal. Future cash flows are then discounted using the Bank’s weighted average rate on new loans and thus the resulting fair value represents exit pricing. Generally, for variable rate loans that reprice frequently and with no significant changes in credit risk, fair values are based on carrying values. Impaired loans : Impaired loans are those loans in which the Company has measured impairment generally based on the fair value of the loan’s collateral. Fair value is generally determined based upon independent third party appraisals of the properties or discounted cash flows based upon expected proceeds. These assets are included as Level 3 fair values, based upon the lowest level of input that is significant to the fair value measurements. The fair value consists of loan balances less their valuation allowances. Deposits : The fair values disclosed for demand deposits (e.g., interest and non-interest checking) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts), and are therefore classified as Level 1. Savings and money market account fair values are based on estimated decay rates and current costs. Fair values for fixed rate certificates of deposit, including brokered deposits, are estimated using a discounted cash flow calculation that applies interest rates currently being offered in the market on certificates to a schedule of aggregated expected monthly maturities on time deposits. Due to the inputs necessary to calculate the fair value, savings and time deposits are considered Level 3 valuations that estimate exit pricing. Accrued interest : The carrying amounts of accrued interest receivable and payable approximate fair value, and due to the short-term (30 days or less) nature of the balances, are considered Level 1. Borrowings : Fair values of FHLB advances are estimated using discounted cash flow analysis, based on quoted prices for new FHLB advances with similar credit risk characteristics, terms and remaining maturity, resulting in a Level 2 classification. These prices obtained from this active market represent a fair value that is deemed to represent the transfer price if the liability were assumed by a third party. Subordinated Debt : The carrying value is deemed to approximate the fair value. The following table presents a comparison of the carrying amount and estimated fair value of the Company’s financial instruments at September 30, 2020, and December 31, 2019: September 30, 2020 (unaudited) Carrying Fair (In thousands) Amount Level 1 Level 2 Level 3 Value Financial assets: Cash and cash equivalents $ 12,248 $ 12,248 $ — $ — $ 12,248 Securities available-for-sale 23,132 — 19,940 3,192 23,132 Securities held-to-maturity 1,616 — 1,653 — 1,653 Equity securities 594 594 — — 594 Loans receivable 290,747 — — 292,289 292,289 Federal Home Loan Bank of New York stock 2,120 — 2,120 — 2,120 Accrued interest receivable 1,426 1,426 — — 1,426 Financial liabilities: Deposits $ 303,368 $ 84,301 $ — $ 220,930 $ 305,231 Long-term borrowings 30,064 — 31,848 — 31,848 Subordinated debt 1,235 — 1,235 — 1,235 Accrued interest payable 187 187 — — 187 December 31, 2019 Carrying Fair (In thousands) Amount Level 1 Level 2 Level 3 Value Financial assets: Cash and cash equivalents $ 13,448 $ 13,448 $ — $ — $ 13,448 Securities available-for-sale 30,627 — 28,115 2,512 30,627 Securities held-to-maturity 2,078 — 2,110 — 2,110 Equity securities 2,579 2,579 — — 2,579 Loans receivable 259,620 — — 262,929 262,929 Federal Home Loan Bank of New York stock 2,267 — 2,267 — 2,267 Accrued interest receivable 1,215 1,215 — — 1,215 Financial liabilities: Deposits $ 283,338 $ 65,623 $ — $ 218,004 $ 283,627 Long-term borrowings 31,448 — 32,874 — 32,874 Subordinated debt 735 — 735 — 735 Accrued interest payable 104 104 — — 104 The following tables summarize assets measured at fair value on a recurring basis at September 30, 2020 and December 31, 2019, segregated by the level of valuation inputs within the hierarchy utilized to measure fair value: September 30, 2020 (unaudited) Total Fair (In thousands) Level 1 Level 2 Level 3 Value Securities available-for-sale: Debt investment securities: Residential mortgage-backed - US agency and GSEs $ — $ 42 $ — $ 42 Municipal bonds — 19,898 3,192 23,090 Equity investment securities: Large cap equity mutual fund 33 — — 33 Other mutual funds 561 — — 561 Total investment securities $ 594 $ 19,940 $ 3,192 $ 23,726 December 31, 2019 Total Fair (In thousands) Level 1 Level 2 Level 3 Value Securities available-for-sale: Debt investment securities: Residential mortgage-backed - US agency and GSEs $ — $ 50 $ — $ 50 Municipal bonds — 28,065 2,512 30,577 Equity investment securities: Large cap equity mutual fund 31 — — 31 Other mutual funds 2,548 — — 2,548 Total investment securities $ 2,579 $ 28,115 $ 2,512 $ 33,206 The changes in Level 3 assets measured at estimated fair value on a recurring basis during the periods ended September 30, 2020 and December 31, 2019: Investment (In thousands) Securities (unaudited) Balance - January 1, 2020 $ 2,512 Total gains realized/unrealized: Included in earnings — Included in other comprehensive income — Purchases 1,159 Principal payments (479) Sales — Balance - September 30, 2020 $ 3,192 Investment (In thousands) Securities Balance - January 1, 2019 $ — Total gains realized/unrealized: Included in earnings — Included in other comprehensive income — Purchases 2,528 Principal payments (16) Sales — Balance - December 31, 2019 $ 2,512 In 2020 and 2019, the Company purchased municipal bonds from local government entities and those bonds are being held in the Company’s vault. The Company receives scheduled principal and interest payments from the municipalities based on the terms of the bonds. Since there was no discernable market for these investments, management is unable to determine a good estimate of fair value. As such, the carrying value is deemed to approximate fair value (Level 3). Sensitivity of Significant Unobservable Inputs: The following is a description of the sensitivity of significant unobservable inputs, the interrelationships between those inputs and other unobservable inputs used in recurring fair value measurement and how those inputs might magnify or mitigate the effect of changes in the unobservable inputs on the fair value measurement. Municipal Bonds : The significant unobservable inputs used in the fair value measurement of the Company’s municipal bonds are premiums for unrated securities and marketability discounts. Significant increases (decreases) in either of those inputs isolation would result in a significantly lower (higher) fair value measurement. In general, changes in either of those inputs will not affect the other input. Certain assets and liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). The following tables summarize assets measured at fair value on a nonrecurring basis at September 30, 2020 and December 31, 2019 segregated by the level of valuation inputs within the hierarchy utilized to measure fair value: At September 30, 2020 (unaudited) Total Fair (In thousands) Level 1 Level 2 Level 3 Value Impaired loans $ — $ — $ 1,625 $ 1,625 Foreclosed real estate & repossessed assets — — 8 8 December 31, 2019 Total Fair (In thousands) Level 1 Level 2 Level 3 Value Impaired loans $ — $ — $ 565 $ 565 Foreclosed real estate & repossessed assets — — 70 70 There have been no transfers of assets in or out of any fair value measurement level. The following table presents quantitative information about Level 3 fair value measurements for assets measured at fair value on a nonrecurring basis at September 30, 2020 (unaudited) and December 31, 2019: Quantitative Information about Level 3 Fair Value Measurements Valuation Unobservable Range Techniques Input (Weighted Avg.) Impaired loans - Appraisal of collateral Appraisal Adjustments 5% - 35% (20)% 1-4 family residential Costs to Sell 5% - 15% (10)% Impaired loans - Appraisal of collateral Appraisal Adjustments 5% - 35% (25)% Commercial real estate Changes in property condition 10% - 20% (15)% Costs to Sell 5% - 15% (10)% Impaired loans - USDA Guarantee Government guaranteed portion 20% (20)% Other commercial and industrial Foreclosed real estate and repossessed assets - Appraisal of collateral Appraisal Adjustments 5% - 35% (25)% Changes in property condition 10% - 20% (15)% Costs to Sell 5% - 15% (10)% Impaired loans : At the time a loan is considered impaired, it is valued at the lower of cost or fair value. Impaired loans carried at fair value generally receive a specific valuation allowance for loan losses. For collateral dependent loans, fair value is commonly based on recent real estate appraisals. These real estate appraisals may include up to three approaches to value: the sales comparison approach, the income approach (for income-producing property) and the cost approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available, if applicable. Although the fair value of the property normally will be based on an appraisal, the valuation should be consistent with the price that a market participant will pay to purchase the property at the measurement date. Circumstances may exist that indicate that the appraised value is not an accurate measurement of the property’s current fair value. Examples of such circumstances include changed economic conditions since the last appraisal, stale appraisals, or imprecision and subjectivity in the appraisal process. Appraisal adjustments may be made by management to reflect these conditions resulting in a discount of the appraised value. In addition, a discount is typically applied to account for estimated costs to sell. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuations, and management’s expertise and knowledge of the client and client’s business. The methods used to determine the fair values of impaired loans typically result in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. Foreclosed real estate & repossessed assets : Assets acquired through foreclosure, transfers in lieu of foreclosure or repossession are initially recorded at fair value less costs to sell when acquired, establishing a new cost basis. These assets are subsequently accounted for at lower of cost or fair value less estimated costs to sell. Similar to the impaired loan disclosures above, fair value is commonly based on recent real estate appraisals, or estimated value from auction house or qualified dealer, and adjusted as deemed necessary by independent appraisers and management and estimated costs to sell resulting in a level 3 fair value classification. Foreclosed and repossessed assets are evaluated on a monthly basis to determine whether an additional reduction in the fair value less estimated costs to sell should be recorded.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2020
Segment Information
Segment Information	13. Segment Information The Company has three primary business segments, its community banking franchise, its insurance agency and a limited-purpose commercial bank, which opened for business in 2019 to provide municipal banking services. The community banking segment provides financial services to consumers and businesses principally in the Finger Lakes Region and Orleans County of New York State. These services include providing various types of loans to customers, accepting deposits, mortgage banking and other traditional banking services. Parent company and treasury function income is included in the community-banking segment, as the majority of effort for these functions is related to this segment. Major revenue sources include net interest income, service fees on deposit accounts and investment services commission. Expenses include personnel and branch-network support charges. The insurance agency segment offers insurance coverage to businesses and individuals in the Finger Lakes Region. The insurance activities consist of those conducted through the Bank’s wholly owned subsidiary, Generations Agency. The primary revenue source is commissions. Expenses include personnel and office support charges. The municipal banking segment is a New York State chartered limited-purpose commercial bank formed expressly to enable local municipalities, primarily within the Finger Lakes Region and Northwest New York State, to deposit public funds with the Commercial Bank in accordance with existing NYS municipal law. The Commercial Bank opened for business on January 2, 2019 and is a wholly owned subsidiary of the Bank. The major revenue source is net interest income. Expenses include personnel, rent and support charges for using the assets and technology of the Bank. Information about the segments is presented in the following table as of and for the periods ended September 30, 2020 and 2019: Three Months Ended September 30, 2020 2019 (unaudited) Community Municipal Community Municipal (unaduited) Banking Insurance Banking Banking Insurance Banking (In thousands) Activities Activities Activities Total Activities Activities Activities Total Net interest income $ 2,542 $ — $ 123 $ 2,665 $ 2,339 $ — $ 21 $ 2,360 Provision for loan losses 150 — — 150 90 — — 90 Net interest income after provision for loan losses 2,392 — 123 2,515 2,249 — 21 2,270 Total noninterest income 499 182 480 1,161 838 194 — 1,032 Compensation and benefits (1,180) (92) (18) (1,290) (1,312) (108) (19) (1,439) Other noninterest expense (1,651) (39) (33) (1,723) (1,603) (64) (23) (1,690) (Loss) income before income taxes 60 51 552 663 172 22 (21) 173 Provision for income taxes 23 — — 23 — — — — Net (loss) income $ 37 $ 51 $ 552 $ 640 $ 172 $ 22 $ (21) $ 173 Nine Months Ended September 30, 2020 2019 (unaudited) Community Municipal Community Municipal Banking Insurance Banking Banking Insurance Banking (In thousands) Activities Activities Activities Total Activities Activities Activities Total Net interest income $ 7,357 $ — $ 392 $ 7,749 $ 7,064 $ 8 $ 45 $ 7,117 Provision for loan losses 330 — — 330 270 — — 270 Net interest income after provision for loan losses 7,027 — 392 7,419 6,794 8 45 6,847 Total noninterest income 1,604 591 480 2,675 2,132 635 — 2,767 Compensation and benefits (3,704) (287) (56) (4,047) (4,188) (332) (38) (4,558) Other noninterest expense (4,694) (128) (78) (4,900) (4,777) (148) (47) (4,972) (Loss) income before income taxes 233 176 738 1,147 (39) 163 (40) 84 Benefit for income taxes (201) — — (201) — — — — Net (loss) income $ 434 $ 176 $ 738 $ 1,348 $ (39) $ 163 $ (40) $ 84 Total assets $ 364,098 $ 1,411 $ 50,123 $ 415,632 $ 351,078 $ 2,379 $ 12,353 $ 365,810 The following represents a reconciliation of the Company’s reported segment assets: At September 30, At December 31, (In thousands) 2020 2019 (unaudited) Total assets for reportable segments $ 415,632 $ 416,102 Elimination of intercompany balances (47,942) (68,553) Consolidated total assets $ 367,690 $ 347,549 The accounting policies of each segment are the same as those described in the summary of significant accounting policies.

Recently Adopted and Recently I

Recently Adopted and Recently Issued Accounting Pronouncements	9 Months Ended
	Sep. 30, 2020
Recently Adopted and Recently Issued Accounting Pronouncements
Recently Adopted and Recently Issued Accounting Pronouncements	13. Recently Adopted and Recently Issued Accounting Pronouncements On January 1, 2019, the Company adopted ASU No. 2016-02, which amended guidance on “Leases (Topic 842)”. The new guidance establishes the principles to report transparent and economically neutral information about the assets and liabilities that arise from leases. The objective of this standard is to present a more faithful representation of the rights and obligations arising from leases by requiring lessees to recognize the lease assets and lease liabilities that arise from leases in the statement of financial position and to disclose qualitative and quantitative information about lease transactions, such as information about variable lease payments and options to renew and terminate leases. The Company has one lease expiring in September 2021, and the obligation under the lease is not significant. Further details of the lease commitment are provided in Note 9 to these Condensed Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-15, “Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350 40), Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract” (“ASU 2018-15”). The amendments in ASU 2018-15 broaden the scope of ASC Subtopic 350 40 to include costs incurred to implement a hosting arrangement that is a service contract. The amendments align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The costs are capitalized or expensed depending on the nature of the costs and the project stage during which they are incurred, consistent with the accounting for internal-use software costs. The amendments in ASU 2018-15 result in consistent capitalization of implementation costs of a hosting arrangement that is a service contract and implementation costs incurred to develop or obtain internal use software (and hosting arrangements that include an internal-use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by the amendments in ASU 2018-15. For public business entities, the ASU is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company early adopted ASU 2018-15, effective January 1, 2019. In September 2016, the FASB issued ASU No. 2016-13, “Measurement of Credit Losses on Financial Instruments.” This ASU significantly changes how entities will measure credit losses for most financial assets and certain other instruments that aren’t measured at fair value through net income. In issuing the standard, the FASB is responding to criticism that today’s guidance delays recognition of credit losses. The standard will replace today’s “incurred loss” approach with an “expected loss” model. The new model, referred to as the current expected credit loss (“CECL”) model, will apply to: (1) financial assets subject to credit losses and measured at amortized cost, and (2) certain off-balance sheet credit exposures. This includes, but is not limited to, loans, leases, held-to-maturity securities, loan commitments, and financial guarantees. The CECL model does not apply to available-for-sale (“AFS”) debt securities. For AFS debt securities with unrealized losses, entities will measure credit losses in a manner similar to what they do today, except that the losses will be recognized as allowances rather than reductions in the amortized cost of the securities. As a result, entities will recognize improvements to estimated credit losses immediately in earnings rather than as interest income over time, as they do today. The ASU also simplifies the accounting model for purchased credit-impaired debt securities and loans. ASU 2016-13 also expands the disclosure requirements regarding an entity’s assumptions, models, and methods for estimating the allowance for loan and lease losses. In addition, entities will need to disclose the amortized cost balance for each class of financial asset by credit quality indicator, disaggregated by the year of origination. ASU No. 2016-13 is effective for public business entities that are U.S. Securities and Exchange Commission (SEC) filers for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. For SEC filers that are Smaller Reporting Companies, all other public business entities, and other non-public entities, the amendments are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption is permitted for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Entities will apply the standard’s provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (i.e., modified retrospective approach). The Company is currently evaluating the impact of these amendments to the Company’s financial position and results of operations and currently does not know or cannot reasonably quantify the impact of the adoption of the amendments as a result of the complexity and extensive changes from these amendments. The Allowance for Loan Losses (ALL) estimate is material to the Company and given the change from an incurred loss model to a methodology that considers the credit loss over the life of the loan, there is the potential for an increase in the ALL at adoption date. The Company is anticipating a significant change in the processes and procedures to calculate the ALL, including changes in assumptions and estimates to consider expected credit losses over the life of the loan versus the current accounting practice that utilizes the incurred loss model. In addition, the current accounting policy and procedures for the other-than-temporary impairment on available-for-sale securities will be replaced with an allowance approach. The Company continues to collect and retain historical loan and credit data. The Company is in the process of identifying data gaps. Certain CECL models are currently being evaluated. The Audit Committee is informed of ongoing CECL developments. For additional information on the allowance for loan losses, see Notes 5 and 6 to these condensed consolidated financial statements.

Nature of Operations (Policies)

Nature of Operations (Policies)	9 Months Ended
	Sep. 30, 2020
Nature of Operations
Interim Financial Statements	Interim Financial Statements The interim condensed consolidated financial statements as of September 30, 2020, and for the three and nine months ended September 30, 2020 and 2019, are unaudited and reflect all normal recurring adjustments that are, in the opinion of management, necessary for a fair presentation of the results for the interim periods presented. Such adjustments are the only adjustments contained in these unaudited consolidated financial statements. These unaudited condensed consolidated financial statements have been prepared according to the rules and regulations of the Securities and Exchange Commission, and therefore certain information and footnote disclosures normally included in the financial statements prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) have been omitted. The results of operations for the three and nine months ended September 30, 2020, are not necessarily indicative of the results to be achieved for the remainder of the year ending December 31, 2020, or any other period. Certain prior period data presented in the consolidated financial statements have been reclassified to conform with current year presentation. The accompanying condensed consolidated financial statements should be read in conjunction with the financial statements and notes thereto of the Company for the year ended December 31, 2019 included in the Company’s Form S-1. Reference is made to the accounting policies of the Company described in the Notes to Financial Statements contained in Form S-1.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2020
Accumulated Other Comprehensive Income (Loss)
Schedule of Other comprehensive income information	Unrealized Accumulated (Losses) Gains Defined Other Three Months Ended September 30, on Securities Benefit Comprehensive (In thousands) Available-for-Sale Pension Plan Income (Loss) (unaudited) Balance, June 30, 2020 $ 1,326 $ (2,267) $ (941) Other comprehensive gain before reclassifications 124 — 124 Amounts reclassified from AOCI to the income statement (379) 26 (353) Net current-period other comprehensive income (loss) (255) 26 (229) Balance, September 30, 2020 $ 1,071 $ (2,241) $ (1,170) Balance, June 30, 2019 $ 595 $ (2,598) $ (2,003) Other comprehensive gain before reclassifications 360 — 360 Amounts reclassified from AOCI to the income statement (209) 37 (172) Net current-period other comprehensive income 151 37 188 Balance, September 30, 2019 $ 746 $ (2,561) $ (1,815) Unrealized Accumulated (Losses) Gains Defined Other Nine Months Ended September 30, on Securities Benefit Comprehensive (In thousands) Available-for-Sale Pension Plan Income (Loss) (unaudited) Balance, January 1, 2020 $ 658 $ (2,320) $ (1,662) Other comprehensive gain before reclassifications 792 — 792 Amounts reclassified from AOCI to the income statement (379) 79 (300) Net current-period other comprehensive income 413 79 492 Balance, September 30, 2020 $ 1,071 $ (2,241) $ (1,170) Balance, January 1, 2019 $ 262 $ (2,673) $ (2,411) Other comprehensive gain before reclassifications 693 — 693 Amounts reclassified from AOCI to the income statement (209) 112 (97) Net current-period other comprehensive income 484 112 596 Balance, September 30, 2019 $ 746 $ (2,561) $ (1,815)
Reclassified out of each component of accumulated other comprehensive loss	Amounts Reclassified From AOCI (2) For Three Months For Nine Months Ended September 30, Ended September 30, Affected Line Item in the (In thousands) 2020 2019 2020 2019 Statement of Income (unaudited) (unaudited) Available-for-sale securities: Realized gain on sale of securities $ (480) $ (237) $ (480) $ (264) Net gain on sale of securities Tax effect 101 50 101 55 Expense for income taxes $ (379) $ (187) $ (379) $ (209) Net income Defined benefit pension plan: Retirement plan net losses recognized in net periodic pension cost $ 33 $ 47 $ 100 $ 143 Compensation and benefits Tax effect (7) (10) (21) (31) Benefit for income taxes $ 26 $ 37 $ 79 $ 112 Net income (2) Amounts in parentheses indicate debits in net income.

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2020
Securities
Schedule of investments in securities available-for-sale and held-to-maturity	September 30, 2020 (unaudited) Gross Gross Amortized Unrealized Unrealized Fair (in thousands) Cost Gains Losses Value Securities available-for-sale: Residential mortgage-backed - US agency and GSEs $ 41 $ 2 $ (1) $ 42 State and political subdivisions 21,735 1,355 — 23,090 Total securities available-for-sale $ 21,776 $ 1,357 $ (1) $ 23,132 Securities held-to-maturity: Residential mortgage-backed - US agency and GSEs $ 1,616 $ 41 $ (4) $ 1,653 Total securities held-to-maturity $ 1,616 $ 41 $ (4) $ 1,653 Equity securities: Large cap equity mutual fund $ 33 $ 33 Other mutual funds 561 561 Total of equity securities $ 594 $ 594 December 31, 2019 Gross Gross Amortized Unrealized Unrealized Fair (in thousands) Cost Gains Losses Value Securities available-for-sale: Residential mortgage-backed - US agency and GSEs $ 48 $ 2 $ — $ 50 State and political subdivisions 29,746 903 (72) 30,577 Total securities available-for-sale $ 29,794 $ 905 $ (72) $ 30,627 Securities held-to-maturity: Residential mortgage-backed - US agency and GSEs 2,078 36 (4) 2,110 Total securities held-to-maturity $ 2,078 $ 36 $ (4) $ 2,110 Equity securities: Large cap equity mutual fund $ 31 $ 31 Other mutual funds 2,548 2,548 Total of equity securities $ 2,579 $ 2,579
Schedule of gross unrealized losses on investment securities and the fair value of the related securities	September 30, 2020 (unaudited) 12 Months or Less More than 12 Months Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (in thousands) Value Losses Value Losses Value Losses Securities available-for-sale: Residential mortgage-backed - US agency and GSEs $ 25 $ (1) $ — $ — $ 25 $ (1) Total securities available-for-sale $ 25 $ (1) $ — $ — $ 25 $ (1) Securities held-to-maturity: Residential mortgage-backed - US agency and GSEs $ 165 $ (2) $ 99 $ (2) $ 264 $ (4) Total securities held-to-maturity $ 165 $ (2) $ 99 $ (2) $ 264 $ (4) December 31, 2019 12 Months or Less More than 12 Months Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (in thousands) Value Losses Value Losses Value Losses Securities available-for-sale: Residential mortgage-backed - US agency and GSEs* $ — $ — $ 4 $ — $ 4 $ — State and political subdivisions 8,779 (72) — — 8,779 (72) Total securities available-for-sale $ 8,779 $ (72) $ 4 $ — $ 8,783 $ (72) Securities held-to-maturity: Residential mortgage-backed - US agency and GSEs $ 68 $ (1) $ 217 $ (3) $ 285 $ (4) Total securities held-to-maturity $ 68 $ (1) $ 217 $ (3) $ 285 $ (4) * Gross unrealized losses are less than $1,000.
Summary of the amortized cost and estimated fair values of debt securities	September 30, 2020 (unaudited) Securities Securities Available-for-Sale Held-to-Maturity Amortized Estimated Amortized Estimated (in thousands) Cost Fair Value Cost Fair Value Due in one year or less $ 974 $ 974 $ — $ — Due over one year through five years 534 560 — — Due over five through ten years 4,629 4,934 — — Due after ten years 15,598 16,622 — — 21,735 23,090 — — Residential mortgage-backed securities 41 42 1,616 1,653 Total $ 21,776 $ 23,132 $ 1,616 $ 1,653
Gross realized gains (losses) on sales and redemptions of securities	Three Months Ended Nine Months Ended September 30, September 30, (In thousands) 2019 2020 2019 (unaudited) (unaudited) (unaudited) (unaudited) Realized gains $ 480 $ 264 $ 480 $ 264 Realized losses — — — — $ 480 $ 264 $ 480 $ 264

Loans Receivable (Tables)

Loans Receivable (Tables)	9 Months Ended
	Sep. 30, 2020
Loans Receivable
Schedule of major classifications of loans	September 30, December 31, (In thousands) 2020 2019 (unaudited) Originated Loans Residential mortgages: One- to four-family $ 115,845 $ 120,208 Construction — 828 115,845 121,036 Commercial loans: Real estate - nonresidential 25,334 33,581 Multi-family 5,158 5,585 Construction 92 100 Commercial business 27,014 14,028 57,598 53,294 Consumer: Home equity and junior liens 10,066 10,170 Manufactured homes 38,072 23,769 Automobile 22,004 21,083 Student 2,267 2,251 Recreational vehicle 13,547 263 Other consumer 4,073 1,724 90,029 59,260 Total originated loans 263,472 233,590 Net deferred loan costs 10,585 4,986 Less allowance for loan losses (2,116) (1,660) Net originated loans $ 271,941 $ 236,916 September 30, December 31, (In thousands) 2020 2019 (unaudited) Acquired Loans Residential mortgages: One- to four-family $ 15,225 $ 18,506 Construction — — 15,225 18,506 Commercial loans: Real estate - nonresidential 1,979 2,115 Commercial business 372 404 2,351 2,519 Consumer: Home equity and junior liens 1,461 1,833 Other consumer 211 361 1,672 2,194 Total acquired loans 19,248 23,219 Net deferred loan costs (69) (91) Fair value credit and yield adjustment (373) (424) Net acquired loans $ 18,806 $ 22,704 September 30, December 31, (In thousands) 2020 2019 (unaudited) Total Loans Residential mortgages: One- to four-family $ 131,070 $ 138,714 Construction — 828 131,070 139,542 Commercial loans: Real estate - nonresidential 27,313 35,696 Multi-family 5,158 5,585 Construction 92 100 Commercial business 27,386 14,432 59,949 55,813 Consumer: Home equity and junior liens 11,527 12,003 Manufactured homes 38,072 23,769 Automobile 22,004 21,083 Student 2,267 2,251 Recreational vehicle 13,547 263 Other consumer 4,284 2,085 91,701 61,454 Total Loans 282,720 256,809 Net deferred loan costs 10,516 4,895 Fair value credit and yield adjustment (373) (424) Less allowance for loan losses (2,116) (1,660) Loans receivable, net $ 290,747 $ 259,620
Summary of loan portfolio by Company’s internal risk rating system	September 30, 2020 (unaudited) Special (In thousands) Pass Mention Substandard Doubtful Total Originated Loans Residential mortgages: One- to four-family $ 111,445 $ 1,793 $ 2,607 $ — $ 115,845 Construction — — — — — 111,445 1,793 2,607 — 115,845 Commercial loans: Real estate - nonresidential 20,289 1,708 3,337 — 25,334 Multi-family 5,158 — — — 5,158 Construction 92 — — — 92 Commercial business 24,213 476 2,325 — 27,014 49,752 2,184 5,662 — 57,598 Consumer: Home equity and junior liens 10,007 20 39 — 10,066 Manufactured homes 37,646 240 186 — 38,072 Automobile 21,933 28 43 — 22,004 Student 2,267 — — — 2,267 Recreational vehicle 13,547 — — — 13,547 Other consumer 4,029 15 29 — 4,073 89,429 303 297 — 90,029 Total originated loans $ 250,626 $ 4,280 $ 8,566 $ — $ 263,472 Special (In thousands) Pass Mention Substandard Doubtful Total Acquired Loans Residential mortgages: One- to four-family $ 14,460 $ 532 $ 233 $ — $ 15,225 14,460 532 233 — 15,225 Commercial loans: Real estate - nonresidential 1,979 — — — 1,979 Commercial business 372 — — — 372 2,351 — — — 2,351 Consumer: Home equity and junior liens 1,417 — 44 — 1,461 Other consumer 211 — — — 211 1,628 — 44 — 1,672 Total acquired loans $ 18,439 $ 532 $ 277 $ — $ 19,248 Special (In thousands) Pass Mention Substandard Doubtful Total Total Loans Residential mortgages: One- to four-family $ 125,905 $ 2,325 $ 2,840 $ — $ 131,070 Construction — — — — — 125,905 2,325 2,840 — 131,070 Commercial loans: Real estate - nonresidential 22,268 1,708 3,337 — 27,313 Multi-family 5,158 — — — 5,158 Construction 92 — — — 92 Commercial business 24,585 476 2,325 — 27,386 52,103 2,184 5,662 — 59,949 Consumer: Home equity and junior liens 11,424 20 83 — 11,527 Manufactured homes 37,646 240 186 — 38,072 Automobile 21,933 28 43 — 22,004 Student 2,267 — — — 2,267 Recreational vehicle 13,547 — — — 13,547 Other consumer 4,240 15 29 — 4,284 91,057 303 341 — 91,701 Total loans $ 269,065 $ 4,812 $ 8,843 $ — $ 282,720 December 31, 2019 Special (In thousands) Pass Mention Substandard Doubtful Total Originated Loans Residential mortgages: One- to four-family $ 116,414 $ 2,159 $ 1,635 $ — $ 120,208 Construction 828 — — — 828 117,242 2,159 1,635 — 121,036 Commercial loans: Real estate - nonresidential 29,192 1,479 2,910 — 33,581 Multi-family 5,585 — — — 5,585 Construction 100 — — — 100 Commercial business 10,222 1,798 2,008 — 14,028 45,099 3,277 4,918 — 53,294 Consumer: Home equity and junior liens 10,030 96 44 — 10,170 Manufactured homes 23,686 83 — — 23,769 Automobile 20,975 54 54 — 21,083 Student 2,251 — — — 2,251 Recreational vehicle 263 — — — 263 Other consumer 1,721 2 1 — 1,724 58,926 235 99 — 59,260 Total originated loans $ 221,267 $ 5,671 $ 6,652 $ — $ 233,590 Special (In thousands) Pass Mention Substandard Doubtful Total Acquired Loans Residential mortgages: One- to four-family $ 17,387 $ 805 $ 314 $ — $ 18,506 17,387 805 314 — 18,506 Commercial loans: Real estate - nonresidential 2,115 — — — 2,115 Commercial business 404 — — — 404 2,519 — — — 2,519 Consumer: Home equity and junior liens 1,746 — 87 — 1,833 Other consumer 361 — — — 361 2,107 — 87 — 2,194 Total acquired loans $ 22,013 $ 805 $ 401 $ — $ 23,219 Special (In thousands) Pass Mention Substandard Doubtful Total Total Loans Residential mortgages: One- to four-family $ 133,801 $ 2,964 $ 1,949 $ — $ 138,714 Construction 828 — — — 828 134,629 2,964 1,949 — 139,542 Commercial loans: Real estate - nonresidential 31,307 1,479 2,910 — 35,696 Multi-family 5,585 — — — 5,585 Construction 100 — — — 100 Commercial business 10,626 1,798 2,008 — 14,432 47,618 3,277 4,918 — 55,813 Consumer: Home equity and junior liens 11,776 96 131 — 12,003 Manufactured homes 23,686 83 — — 23,769 Automobile 20,975 54 54 — 21,083 Student 2,251 — — — 2,251 Recreational vehicle 263 — — — 263 Other consumer 2,082 2 1 — 2,085 61,033 235 186 — 61,454 Total loans $ 243,280 $ 6,476 $ 7,053 $ — $ 256,809
Schedule of age analysis of past due loans, segregated by class of loans	September 30, 2020 (unaudited) 90 Days 30-59 Days 60-89 Days or More Total Total Loans Total Loans (In thousands) Past Due Past Due Past Due Past Due Current Receivable Originated Loans Residential mortgage loans: One- to four-family $ 2,359 $ 1,083 $ 2,307 $ 5,749 $ 110,096 $ 115,845 Construction — — — — — — 2,359 1,083 2,307 5,749 110,096 115,845 Commercial loans: Real estate - nonresidential 561 114 912 1,587 23,747 25,334 Multi-family — 42 — 42 5,116 5,158 Construction — — — — 92 92 Commercial business 428 208 157 793 26,221 27,014 989 364 1,069 2,422 55,176 57,598 Consumer loans: Home equity and junior liens 64 31 39 134 9,932 10,066 Manufactured homes 495 120 186 801 37,271 38,072 Automobile 147 50 43 240 21,764 22,004 Student — — — — 2,267 2,267 Recreational vehicle — — 29 29 13,518 13,547 Other consumer 26 15 — 41 4,032 4,073 732 216 297 1,245 88,784 90,029 Total originated loans $ 4,080 $ 1,663 $ 3,673 $ 9,416 $ 254,056 $ 263,472 90 Days 30-59 Days 60-89 Days or More Total Total Loans Total Loans (In thousands) Past Due Past Due Past Due Past Due Current Receivable Acquired Loans Residential mortgage loans: One- to four-family $ 275 $ 133 $ 233 $ 641 $ 14,584 $ 15,225 Construction — — — — — — 275 133 233 641 14,584 15,225 Commercial loans: Real estate - nonresidential — — — — 1,979 1,979 Commercial business — — — — 372 372 — — — — 2,351 2,351 Consumer loans: Home equity and junior liens — — 44 44 1,417 1,461 Other consumer 2 — — 2 209 211 2 — 44 46 1,626 1,672 Total acquired loans $ 277 $ 133 $ 277 $ 687 $ 18,561 $ 19,248 90 Days 30-59 Days 60-89 Days or More Total Total Loans Total Loans (In thousands) Past Due Past Due Past Due Past Due Current Receivable Total Loans Residential mortgage loans: One- to four-family $ 2,634 $ 1,216 $ 2,540 $ 6,390 $ 124,680 $ 131,070 Construction — — — — — — 2,634 1,216 2,540 6,390 124,680 131,070 Commercial loans: Real estate - nonresidential 561 114 912 1,587 25,726 27,313 Multi-family — 42 — 42 5,116 5,158 Construction — — — — 92 92 Commercial business 428 208 157 793 26,593 27,386 989 364 1,069 2,422 57,527 59,949 Consumer loans: Home equity and junior liens 64 31 83 178 11,349 11,527 Manufactured homes 495 120 186 801 37,271 38,072 Automobile 147 50 43 240 21,764 22,004 Student — — — — 2,267 2,267 Recreational vehicle 181 21 — 202 13,345 13,547 Other consumer 28 15 29 72 4,212 4,284 915 237 341 1,493 90,208 91,701 Total loans $ 4,538 $ 1,817 $ 3,950 $ 10,305 $ 272,415 $ 282,720 December 31, 2019 90 Days 30-59 Days 60-89 Days or More Total Total Loans Total Loans (In thousands) Past Due Past Due Past Due Past Due Current Receivable Originated Loans Residential mortgage loans: One- to four-family $ 2,963 $ 1,656 $ 1,945 $ 6,564 $ 113,644 $ 120,208 Construction — — — — 828 828 2,963 1,656 1,945 6,564 114,472 121,036 Commercial loans: Real estate - nonresidential 350 1,388 912 2,650 30,931 33,581 Multi-family — — — — 5,585 5,585 Construction — — — — 100 100 Commercial business 540 24 73 637 13,391 14,028 890 1,412 985 3,287 50,007 53,294 Consumer loans: Home equity and junior liens 80 71 67 218 9,952 10,170 Manufactured homes 179 83 — 262 23,507 23,769 Automobile 207 54 54 315 20,768 21,083 Student 35 — — 35 2,216 2,251 Recreational vehicle — — — — 263 263 Other consumer 57 2 — 59 1,665 1,724 558 210 121 889 58,371 59,260 Total originated loans $ 4,411 $ 3,278 $ 3,051 $ 10,740 $ 222,850 $ 233,590 90 Days 30-59 Days 60-89 Days or More Total Total Loans Total Loans (In thousands) Past Due Past Due Past Due Past Due Current Receivable Acquired Loans Residential mortgage loans: One- to four-family $ 457 $ 293 $ 314 $ 1,064 $ 17,442 $ 18,506 — — — — — — Commercial loans: 457 293 314 1,064 17,442 18,506 Real estate - nonresidential Commercial business — — — — 2,115 2,115 Other commercial and industrial — — — — 404 404 — — — — 2,519 2,519 Consumer loans: Home equity and junior liens 11 63 87 161 1,672 1,833 Other consumer 1 18 — 19 342 361 12 81 87 180 2,014 2,194 Total acquired loans $ 469 $ 374 $ 401 $ 1,244 $ 21,975 $ 23,219 90 Days 30-59 Days 60-89 Days or More Total Total Loans Total Loans (In thousands) Past Due Past Due Past Due Past Due Current Receivable Total Loans Residential mortgage loans: One- to four-family $ 3,420 $ 1,949 $ 2,259 $ 7,628 $ 131,086 $ 138,714 Construction — — — — 828 828 3,420 1,949 2,259 7,628 131,914 139,542 Commercial loans: Real estate - nonresidential 350 1,388 912 2,650 33,046 35,696 Multi-family — — — — 5,585 5,585 Construction — — — — 100 100 Commercial business 540 24 73 637 13,795 14,432 890 1,412 985 3,287 52,526 55,813 Consumer loans: Home equity and junior liens 91 134 154 379 11,624 12,003 Manufactured homes 179 83 — 262 23,507 23,769 Automobile 207 54 54 315 20,768 21,083 Student 35 — — 35 2,216 2,251 Recreational vehicle — — — — 263 263 Other consumer 58 20 — 78 2,007 2,085 570 291 208 1,069 60,385 61,454 Total loans $ 4,880 $ 3,652 $ 3,452 $ 11,984 $ 244,825 $ 256,809
Non-accrual loans, segregated by class of loan	September 30, December 31, (In thousands) 2020 2019 (Unaudited) Residential mortgage loans: 1-4 family first-lien $ 2,540 $ 2,259 Construction — — 2,540 2,259 Commercial loans: Real estate - nonresidential 912 2,509 Real estate - multi-family — — Construction — — Other commercial and industrial 157 1,195 1,069 3,704 Consumer loans: Home equity and junior liens 83 154 Manufactured homes 186 — Automobile 43 54 Student — — Recreational Vehicle 29 Other consumer — — 341 208 Total non-accrual loans $ 3,950 $ 6,171
Summary of impaired loans information by portfolio class	September 30, 2020 Unpaid Recorded Principal Related (In thousands) Investment Balance Allowance (unaudited) (unaudited) (unaudited) With no related allowance recorded: One- to four-family residential mortgages $ 1,724 $ 1,754 $ — Construction residential mortgages — — — Commercial real estate - nonresidential 354 354 — Multi-family — — — Construction commercial — — — Commercial business 809 809 — Home equity and junior liens 72 72 — Manufactured homes — — — Automobile — — — Student — — — Other consumer — — — With an allowance recorded: One- to four-family residential mortgages 915 915 81 Construction residential mortgages — — — Commercial real estate - nonresidential 552 552 276 Multi-family — — — Construction commercial — — — Commercial business 737 737 256 Home equity and junior liens — — — Manufactured homes — — — Automobile 45 45 11 Student — — — Other consumer — — — Total: One- to four-family residential mortgages 2,639 2,669 81 Construction residential mortgages — — — Commercial real estate - nonresidential 906 906 276 Multi-family — — — Construction commercial — — — Commercial business 1,546 1,546 256 Home equity and junior liens 72 72 — Manufactured homes — — — Automobile 45 45 11 Student — — — Other consumer — — — $ 5,208 $ 5,238 $ 624 December 31, 2019 Unpaid Recorded Principal Related (In thousands) Investment Balance Allowance With no related allowance recorded: One- to four-family residential mortgages $ 2,150 $ 2,180 $ — Construction residential mortgages — — — Commercial real estate - nonresidential 2,472 2,472 — Multi-family — — — Construction commercial — — — Commercial business 1,622 1,622 — Home equity and junior liens 131 131 — Manufactured homes — — — Automobile 81 81 — Student — — — Other consumer — — — With an allowance recorded: One- to four-family residential mortgages 132 132 7 Construction residential mortgages — — — Commercial real estate - nonresidential 438 438 250 Multi-family — — — Construction commercial — — — Commercial business 385 385 133 Home equity and junior liens — — — Manufactured homes — — — Automobile — — — Student — — — Other consumer 1 1 1 Total: One- to four-family residential mortgages 2,282 2,312 7 Construction residential mortgages — — — Commercial real estate - nonresidential 2,910 2,910 250 Multi-family — — — Construction commercial — — — Commercial business 2,007 2,007 133 Home equity and junior liens 131 131 — Manufactured homes — — — Automobile 81 81 — Student — — — Other consumer 1 1 1 $ 7,412 $ 7,442 $ 391 The following table presents the average recorded investment in impaired loans: For the Three Months Ended For the Nine months For the Year ended Ended September 30, Ended September 30 December 31, 2020 2020 2019 Average Average Average Recorded Recorded Recorded (In thousands) Investment (unaudited) Investment (unaudited) Investment One- to four-family residential mortgages $ 2,642 $ 2,652 $ 2,309 Construction residential mortgages — — — Commercial real estate - nonresidential 6,907 913 1,453 Multi-family — — — Construction commercial — — — Commercial business 1,543 1,601 1,038 Home equity and junior liens 72 73 132 Manufactured homes — — — Automobile 46 48 89 Student — — — Other consumer — — 1 11,210 5,287 $ 5,022 The following table presents interest income recognized on impaired loans the three- and nine-months periods: Three Months Ended Nine Months Ended September 30, September 30, 2020 2019 2020 2019 (unaudited) (unaudited) (unaudited) (unaudited) One- to four-family residential mortgages $ 15 $ 11 $ 61 $ 42 Construction residential mortgages — — — — Commercial real estate - nonresidential 4 13 14 37 Multi-family — — — — Construction commercial — — — — Commercial business 17 25 43 65 Home equity and junior liens 2 1 4 3 Manufactured homes — — — — Automobile 1 — 3 — Student — — — — Other consumer — — — — $ 39 $ 50 $ 125 $ 147

Allowance for Loan Loss (Tables

Allowance for Loan Loss (Tables)	9 Months Ended
	Sep. 30, 2020
Allowance for Loan Loss
Changes in the allowance for loan losses	For the Three months ended September 30, 2020 (unaudited) One- to four- Construction Commercial Commercial family residential real estate real estate Construction Commercial (In thousands) residential mortgage nonresidential multi-family commercial business Allowance for loan losses: Beginning Balance $ 549 $ 1 $ 509 $ 41 $ — $ 380 Charge-offs — — (48) — — — Recoveries — — — 5 — — Provision for loan losses 44 (1) 10 (27) — 174 Ending balance $ 593 $ — $ 471 $ 19 $ — $ 554 For the Three Months ended September 30, 2020 (cont'd) (unaudited) Home equity Manufactured Recreational Other (In thousands) and junior liens Homes Automobile Student Vehicle Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 38 $ — $ 134 $ 70 $ — $ 46 $ 228 $ 1,996 Charge-offs — — (15) — — — — (63) Recoveries — — 27 2 2 (3) — 31 Provision for loan losses (12) 69 (13) 86 (2) 16 (194) 150 Ending balance $ 26 $ 69 $ 133 $ 158 $ — $ 59 $ 34 $ 2,116 For the Nine months ended September 30, 2020 (unaudited) One- to four- Construction Commercial Commercial family residential real estate real estate Construction Commercial (In thousands) residential mortgage nonresidential multi-family commercial business Allowance for loan losses: Beginning Balance $ 375 $ 2 $ 421 $ 17 $ — $ 527 Charge-offs (8) — (48) — — — Recoveries 2 — — 14 — 140 Provision for loan losses 224 (2) 98 (12) — (113) Ending balance $ 593 $ — $ 471 $ 19 $ — $ 554 Ending balance: related to loans individually evaluated for impairment $ 81 $ — $ 276 $ — $ — $ 256 Ending balance: related to loans collectively evaluated for impairment $ 512 $ — $ 195 $ 19 $ — $ 298 Loans receivable: Ending balance $ 131,070 $ — $ 27,313 $ 5,158 $ 92 $ 27,386 Ending balance: individually evaluated for impairment $ 2,639 $ — $ 906 $ — $ — $ 1,546 Ending balance: collectively evaluated for impairment $ 128,431 $ — $ 26,407 $ 5,158 $ 92 $ 25,840 For the Nine Months ended September 30, 2020 (cont'd) (unaudited) Home equity Manufactured Recreational Other (In thousands) and junior liens Homes Automobile Student Vehicle Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 50 $ — $ 142 $ 69 $ — $ 35 $ 22 $ 1,660 Charge-offs — — (44) — (14) (3) — (117) Recoveries 12 — 62 2 2 9 — 243 Provision for loan losses (36) 69 (27) 87 12 18 12 330 Ending balance $ 26 $ 69 $ 133 $ 158 $ — $ 59 $ 34 $ 2,116 Ending balance: related to loans individually evaluated for impairment $ — $ — $ 11 $ — $ — $ — $ — $ 624 Ending balance: related to loans collectively evaluated for impairment $ 26 $ 69 $ 122 $ 158 $ — $ 59 $ 34 $ 1,492 Loans receivable: Ending balance $ 11,527 $ 38,072 $ 22,004 $ 2,267 $ 13,547 $ 4,284 $ — $ 282,720 Ending balance: individually evaluated for impairment $ 72 $ — $ 45 $ — $ — $ — $ — $ 5,208 Ending balance: collectively evaluated for impairment $ 11,455 $ 38,072 $ 21,959 $ 2,267 $ 13,547 $ 4,284 $ — $ 277,512 December 31, 2019 One- to four- Construction Commercial Commercial family residential real estate real estate Construction Commercial (In thousands) residential mortgage nonresidential multi-family commercial business Allowance for loan losses: Beginning Balance $ 314 $ 1 $ 202 $ 12 $ — $ 523 Charge-offs (42) — (18) — — (106) Recoveries 2 — — 9 — 79 Provision for loan losses 101 1 237 (4) — 31 Ending balance $ 375 $ 2 $ 421 $ 17 $ — $ 527 Ending balance: related to loans individually evaluated for impairment $ 7 $ — $ 250 $ — $ — $ 133 Ending balance: related to loans collectively evaluated for impairment $ 368 $ 2 $ 171 $ 17 $ — $ 394 Loans receivable: Ending balance $ 138,714 $ 828 $ 35,696 $ 5,585 $ 100 $ 14,432 Ending balance: individually evaluated for impairment $ 2,282 $ — $ 2,910 $ — $ — $ 2,007 Ending balance: collectively evaluated for impairment $ 136,432 $ 828 $ 32,786 $ 5,585 $ 100 $ 12,425 December 31, 2019 (cont'd) Home equity Manufactured Other (In thousands) and junior liens Homes Automobile Student Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 58 $ — $ 228 $ 50 $ 28 $ 132 $ 1,548 Charge-offs — — (137) (25) (68) — (396) Recoveries — — 52 1 5 — 148 Provision for loan losses (8) — (1) 43 70 (110) 360 Ending balance $ 50 $ — $ 142 $ 69 $ 35 $ 22 $ 1,660 Ending balance: related to loans individually evaluated for impairment $ — $ — $ — $ — $ 1 $ — $ 391 Ending balance: related to loans collectively evaluated for impairment $ 50 $ — $ 142 $ 69 $ 34 $ 22 $ 1,269 Loans receivable: Ending balance $ 12,003 $ 23,769 $ 21,083 $ 2,251 $ 2,348 $ — $ 256,809 Ending balance: individually evaluated for impairment $ 131 $ — $ 81 $ — $ 1 $ — $ 7,412 Ending balance: collectively evaluated for impairment $ 11,872 $ 23,769 $ 21,002 $ 2,251 $ 2,347 $ — $ 249,397

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2020
Employee Benefit Plans
Summary of changes in the Plans’ benefit obligations, fair value of plan assets and the plans’ funded status	Generations Bank Plan: For the Three Months Ended September (In thousands) 2020 2019 Net Periodic Expenses recognized in income: (unaudited) Service cost $ 103 $ 94 Interest cost 112 119 Expected return on plan assets (335) (309) Amortization of net losses 34 50 Net periodic pension benefit (86) (46) For the Nine Months Ended September 2020 2019 Net Periodic Expenses recognized in income: (unaudited) Service cost 309 283 Interest cost 336 358 Expected return on plan assets (1,004) (929) Amortization of net losses 101 150 Net periodic pension benefit (258) (138) Medina Savings and Loan Plan: For the Three months Ended September (In thousands) 2020 2019 Net Periodic Expenses recognized in income: (unaudited) Service cost $ 7 $ 5 Interest cost 36 25 Expected return on plan assets (108) (79) Amortization of net losses — (2) Net periodic pension benefit (65) (51) For the Nine Months Ended September 2020 2019 Net Periodic Expenses recognized in income: (unaudited) Service cost 21 14 Interest cost 107 75 Expected return on plan assets (322) (237) Amortization of net losses — (7) Net periodic pension benefit (194) (155)

Regulatory Capital (Tables)

Regulatory Capital (Tables)	9 Months Ended
	Sep. 30, 2020
Regulatory Capital
Summary of actual capital amounts and ratios	Minimum Minimum To Be "Well- For Capital Minimum Capitalized" Adequacy Plus Capital For Capital Under Prompt Conservation Buffer Actual Adequacy Purposes Corrective Provisions Basel III Phase-In (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Amount Ratio As of September 30, 2020 (unaudited): Common Equity Tier 1 Capital* $ 27,165 11.56 % $ 11,441 4.50 % $ 16,526 6.50 % $ 17,797 7.00 % Total Capital (to Risk-Weighted Assets) $ 33,713 13.26 % $ 20,340 8.00 % $ 25,425 10.00 % $ 26,696 10.50 % Tier 1 Capital* (to Risk-Weighted Assets) $ 27,165 12.43 % $ 15,255 6.00 % $ 20,340 8.00 % $ 21,611 8.50 % Core Capital (to Total Adjusted Assets) $ 31,597 8.54 % $ 14,798 4.00 % $ 18,498 5.00 % $ 16,648 4.50 % As of December 31, 2019: Common Equity Tier 1 Capital* $ 27,343 11.23 % $ 10,962 4.50 % $ 15,834 6.50 % $ 17,052 7.00 % Total Capital (to Risk-Weighted Assets) $ 31,219 12.82 % $ 19,488 8.00 % $ 24,359 10.00 % $ 25,577 10.50 % Tier 1 Capital* (to Risk-Weighted Assets) $ 27,343 12.13 % $ 14,616 6.00 % $ 19,488 8.00 % $ 20,706 8.50 % Core Capital (to Total Adjusted Assets) $ 29,559 8.37 % $ 14,118 4.00 % $ 17,648 5.00 % $ 15,883 4.50 % * Tier 1 Capital is reduced by low-level recourse for mortgages sold to FHLB.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies
Financial instruments whose contract amounts represent credit risk	September 30, December 31, (In thousands) 2020 2019 (unaudited) Commitments to grant loans $ 5,529 $ 4,847 Unfunded commitments under lines of credit 16,034 17,072 Standby letters of credit — 400
Future minimum lease commitments under the operating lease	September 30, December 31, (In thousands) 2020 2019 (unaudited) 11 46 19 19 $ 30 $ 65

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	9 Months Ended
	Sep. 30, 2020
Revenue from Contracts with Customers
Schedule of disaggregation of revenue	Three Months Ended Nine Months Ended September 30, September 30, (In thousands) 2020 2019 2020 2019 (unaudited) (unaudited) Service charges on deposit accounts $ 132 $ 123 $ 443 $ 528 Debit card interchange and surcharge income 218 198 561 559 Investment services income 2 44 86 213 Insurance commission and fees 180 194 586 631 Loan servicing fees 54 51 125 104 $ 586 $ 610 $ 1,801 $ 2,035

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	9 Months Ended
	Sep. 30, 2020
Fair Value Disclosures
Schedule of carrying amount and estimated fair value of the Company’s financial instrument	September 30, 2020 (unaudited) Carrying Fair (In thousands) Amount Level 1 Level 2 Level 3 Value Financial assets: Cash and cash equivalents $ 12,248 $ 12,248 $ — $ — $ 12,248 Securities available-for-sale 23,132 — 19,940 3,192 23,132 Securities held-to-maturity 1,616 — 1,653 — 1,653 Equity securities 594 594 — — 594 Loans receivable 290,747 — — 292,289 292,289 Federal Home Loan Bank of New York stock 2,120 — 2,120 — 2,120 Accrued interest receivable 1,426 1,426 — — 1,426 Financial liabilities: Deposits $ 303,368 $ 84,301 $ — $ 220,930 $ 305,231 Long-term borrowings 30,064 — 31,848 — 31,848 Subordinated debt 1,235 — 1,235 — 1,235 Accrued interest payable 187 187 — — 187 December 31, 2019 Carrying Fair (In thousands) Amount Level 1 Level 2 Level 3 Value Financial assets: Cash and cash equivalents $ 13,448 $ 13,448 $ — $ — $ 13,448 Securities available-for-sale 30,627 — 28,115 2,512 30,627 Securities held-to-maturity 2,078 — 2,110 — 2,110 Equity securities 2,579 2,579 — — 2,579 Loans receivable 259,620 — — 262,929 262,929 Federal Home Loan Bank of New York stock 2,267 — 2,267 — 2,267 Accrued interest receivable 1,215 1,215 — — 1,215 Financial liabilities: Deposits $ 283,338 $ 65,623 $ — $ 218,004 $ 283,627 Long-term borrowings 31,448 — 32,874 — 32,874 Subordinated debt 735 — 735 — 735 Accrued interest payable 104 104 — — 104
Schedule of assets measured at fair value on a recurring basis	September 30, 2020 (unaudited) Total Fair (In thousands) Level 1 Level 2 Level 3 Value Securities available-for-sale: Debt investment securities: Residential mortgage-backed - US agency and GSEs $ — $ 42 $ — $ 42 Municipal bonds — 19,898 3,192 23,090 Equity investment securities: Large cap equity mutual fund 33 — — 33 Other mutual funds 561 — — 561 Total investment securities $ 594 $ 19,940 $ 3,192 $ 23,726 December 31, 2019 Total Fair (In thousands) Level 1 Level 2 Level 3 Value Securities available-for-sale: Debt investment securities: Residential mortgage-backed - US agency and GSEs $ — $ 50 $ — $ 50 Municipal bonds — 28,065 2,512 30,577 Equity investment securities: Large cap equity mutual fund 31 — — 31 Other mutual funds 2,548 — — 2,548 Total investment securities $ 2,579 $ 28,115 $ 2,512 $ 33,206
Schedule of changes in Level 3 assets measured at estimated fair value on a recurring basis	Investment (In thousands) Securities (unaudited) Balance - January 1, 2020 $ 2,512 Total gains realized/unrealized: Included in earnings — Included in other comprehensive income — Purchases 1,159 Principal payments (479) Sales — Balance - September 30, 2020 $ 3,192 Investment (In thousands) Securities Balance - January 1, 2019 $ — Total gains realized/unrealized: Included in earnings — Included in other comprehensive income — Purchases 2,528 Principal payments (16) Sales — Balance - December 31, 2019 $ 2,512
Schedule of assets measured at fair value on a nonrecurring basis	At September 30, 2020 (unaudited) Total Fair (In thousands) Level 1 Level 2 Level 3 Value Impaired loans $ — $ — $ 1,625 $ 1,625 Foreclosed real estate & repossessed assets — — 8 8 December 31, 2019 Total Fair (In thousands) Level 1 Level 2 Level 3 Value Impaired loans $ — $ — $ 565 $ 565 Foreclosed real estate & repossessed assets — — 70 70
Schedule of quantitative Information about Level 3 Fair Value Measurements	Quantitative Information about Level 3 Fair Value Measurements Valuation Unobservable Range Techniques Input (Weighted Avg.) Impaired loans - Appraisal of collateral Appraisal Adjustments 5% - 35% (20)% 1-4 family residential Costs to Sell 5% - 15% (10)% Impaired loans - Appraisal of collateral Appraisal Adjustments 5% - 35% (25)% Commercial real estate Changes in property condition 10% - 20% (15)% Costs to Sell 5% - 15% (10)% Impaired loans - USDA Guarantee Government guaranteed portion 20% (20)% Other commercial and industrial Foreclosed real estate and repossessed assets - Appraisal of collateral Appraisal Adjustments 5% - 35% (25)% Changes in property condition 10% - 20% (15)% Costs to Sell 5% - 15% (10)%

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2020
Segment Information
Summary of information about segments	Three Months Ended September 30, 2020 2019 (unaudited) Community Municipal Community Municipal (unaduited) Banking Insurance Banking Banking Insurance Banking (In thousands) Activities Activities Activities Total Activities Activities Activities Total Net interest income $ 2,542 $ — $ 123 $ 2,665 $ 2,339 $ — $ 21 $ 2,360 Provision for loan losses 150 — — 150 90 — — 90 Net interest income after provision for loan losses 2,392 — 123 2,515 2,249 — 21 2,270 Total noninterest income 499 182 480 1,161 838 194 — 1,032 Compensation and benefits (1,180) (92) (18) (1,290) (1,312) (108) (19) (1,439) Other noninterest expense (1,651) (39) (33) (1,723) (1,603) (64) (23) (1,690) (Loss) income before income taxes 60 51 552 663 172 22 (21) 173 Provision for income taxes 23 — — 23 — — — — Net (loss) income $ 37 $ 51 $ 552 $ 640 $ 172 $ 22 $ (21) $ 173 Nine Months Ended September 30, 2020 2019 (unaudited) Community Municipal Community Municipal Banking Insurance Banking Banking Insurance Banking (In thousands) Activities Activities Activities Total Activities Activities Activities Total Net interest income $ 7,357 $ — $ 392 $ 7,749 $ 7,064 $ 8 $ 45 $ 7,117 Provision for loan losses 330 — — 330 270 — — 270 Net interest income after provision for loan losses 7,027 — 392 7,419 6,794 8 45 6,847 Total noninterest income 1,604 591 480 2,675 2,132 635 — 2,767 Compensation and benefits (3,704) (287) (56) (4,047) (4,188) (332) (38) (4,558) Other noninterest expense (4,694) (128) (78) (4,900) (4,777) (148) (47) (4,972) (Loss) income before income taxes 233 176 738 1,147 (39) 163 (40) 84 Benefit for income taxes (201) — — (201) — — — — Net (loss) income $ 434 $ 176 $ 738 $ 1,348 $ (39) $ 163 $ (40) $ 84 Total assets $ 364,098 $ 1,411 $ 50,123 $ 415,632 $ 351,078 $ 2,379 $ 12,353 $ 365,810
Schedule of reconciliation of the Company’s reported segment assets	At September 30, At December 31, (In thousands) 2020 2019 (unaudited) Total assets for reportable segments $ 415,632 $ 416,102 Elimination of intercompany balances (47,942) (68,553) Consolidated total assets $ 367,690 $ 347,549

Nature of Operations (Details)

Nature of Operations (Details)	Sep. 29, 2018USD ($)	Sep. 30, 2020USD ($)Voteshares	Dec. 31, 2019USD ($)shares	Sep. 30, 2019shares	Dec. 31, 2018USD ($)
Related Party Transaction [Line Items]
Outstanding shares holding | shares		2,463,507	2,467,507
Seneca Falls Savings Bank, MHC (the “Mutual Holding Company”)
Related Party Transaction [Line Items]
Capital amount					$ 2,500,000
Medina Savings and Loan Association
Related Party Transaction [Line Items]
Shares issued	$ 171,440
Seneca Falls Savings Bank, MHC (the “Mutual Holding Company”) | Seneca-Cayuga Bancorp, Inc. (the “Holding Company”)
Related Party Transaction [Line Items]
Outstanding shares holding | shares			1,480,715	1,480,715
Percentage of holding			60.01%	60.10%
Generations Bancorp NY, Inc.
Related Party Transaction [Line Items]
Number of votes per common stock | Vote		1
Percentage of then outstanding shares of common stock not permitted to vote any of the shares of common stock held in excess of the limit		10.00%
Percentage of outstanding common stock approval required for certain matters		80.00%
Conversion cost			$ 0
Capitalized conversion cost		$ 514,000

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Changes in the components of accumulated other comprehensive income (loss), net of tax
Beginning balance	$ 29,354	$ 27,684	$ 28,231	$ 27,369
Net current-period other comprehensive income (loss)	(229)	188	492	596
Ending balance	29,778	28,059	29,778	28,059
Accumulated Other Comprehensive Loss
Changes in the components of accumulated other comprehensive income (loss), net of tax
Beginning balance	(941)	(2,003)	(1,662)	(2,411)
Other comprehensive gain before reclassifications	124	360	792	693
Amounts reclassified from AOCI to the income statement	(353)	(172)	(300)	(97)
Net current-period other comprehensive income (loss)	(229)	188	492	596
Ending balance	(1,170)	(1,815)	(1,170)	(1,815)
Defined Benefit Pension Plan
Changes in the components of accumulated other comprehensive income (loss), net of tax
Beginning balance	(2,267)	(2,598)	(2,320)	(2,673)
Amounts reclassified from AOCI to the income statement	26	37	79	112
Net current-period other comprehensive income (loss)	26	37	79	112
Ending balance	(2,241)	(2,561)	(2,241)	(2,561)
Securities Available-for-Sale
Changes in the components of accumulated other comprehensive income (loss), net of tax
Beginning balance	1,326	595	658	262
Other comprehensive gain before reclassifications	124	360	792	693
Amounts reclassified from AOCI to the income statement	(379)	(209)	(379)	(209)
Net current-period other comprehensive income (loss)	(255)	151	413	484
Ending balance	$ 1,071	$ 746	$ 1,071	$ 746

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Amounts Reclassified From AOCI (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Accumulated Other Comprehensive Income (Loss) - Amounts Reclassified From AOCI
Tax effect	$ 23		$ (201)
Retirement plan net losses recognized in net periodic pension cost	1,290	$ 1,438	4,048	$ 4,558
Amounts Reclassified From AOCI | Securities Available-for-Sale
Accumulated Other Comprehensive Income (Loss) - Amounts Reclassified From AOCI
Realized gain on sale of securities	(480)	(237)	(480)	(264)
Tax effect	101	50	101	55
Net income available-for-sale securities	(379)	(187)	(379)	(209)
Amounts Reclassified From AOCI | Defined Benefit Pension Plan
Accumulated Other Comprehensive Income (Loss) - Amounts Reclassified From AOCI
Tax effect	(7)	(10)	(21)	(31)
Retirement plan net losses recognized in net periodic pension cost	33	47	100	143
Net loss defined benefit pension plan	$ 26	$ 37	$ 79	$ 112

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	May 20, 2008
Earnings Per Common Share
Weighted-average number of common shares outstanding	2,458,000	2,456,000	2,456,000	2,456,000
Repurchase Percentage on Outstanding Shares					5.00%
Number of shares authorized to repurchase					119,025

Securities - Securities availab

Securities - Securities available-for-sale and held-to-maturity (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Securities available-for-sale:
Amortized Cost	$ 21,776	$ 29,794
Gross Unrealized Gains	1,357	905
Gross Unrealized Losses	(1)	(72)
Debt Securities, Available-for-sale, Total	23,132	30,627
Securities held-to-maturity:
Held-to-maturity securities Amortized Cost	1,616	2,078
Held-to-maturity securities Gross Unrealized Gains	41	36
Held-to-maturity securities Gross Unrealized Losses	(4)	(4)
Held-to-maturity securities Fair Value	1,653	2,110
Equity securities:
Equity securities amortized Cost	594	2,579
Equity securities, at fair value	594	2,579
Residential mortgage-backed - US agency and GSEs
Securities available-for-sale:
Amortized Cost	41	48
Gross Unrealized Gains	2	2
Gross Unrealized Losses	(1)
Debt Securities, Available-for-sale, Total	42	50
Securities held-to-maturity:
Held-to-maturity securities Amortized Cost	1,616	2,078
Held-to-maturity securities Gross Unrealized Gains	41	36
Held-to-maturity securities Gross Unrealized Losses	(4)	(4)
Held-to-maturity securities Fair Value	1,653	2,110
State and political subdivisions
Securities available-for-sale:
Amortized Cost	21,735	29,746
Gross Unrealized Gains	1,355	903
Gross Unrealized Losses		(72)
Debt Securities, Available-for-sale, Total	23,090	30,577
Large cap equity mutual fund
Equity securities:
Equity securities amortized Cost	33	31
Equity securities, at fair value	33	31
Other mutual funds
Equity securities:
Equity securities amortized Cost	561	2,548
Equity securities, at fair value	$ 561	$ 2,548

Securities - Gross unrealized l

Securities - Gross unrealized losses on investment securities and the fair value (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Fair value of debt securities available-for-sale:
Fair Value of 12 months or less	$ 25,000	$ 8,779,000
Fair Value of more than 12 months		4,000
Total Fair Value	25,000	8,783,000
Gross unrealized losses of debt securities available-for-sale:
Gross unrealized losses 12 months or less	(1,000)	(72,000)
Total Gross unrealized losses	(1,000)	(72,000)
Fair value of debt securities held-to-maturity:
Fair Value 12 months or less	165,000	68,000
Fair Value more than 12 months	99,000	217,000
Total Fair Value	264,000	285,000
Gross unrealized losses of debt securities held-to-maturity:
Gross unrealized losses 12 months or less	(2,000)	(1,000)
Gross unrealized losses more than 12 months	(2,000)	(3,000)
Total Gross unrealized losses	(4,000)	(4,000)
Maximum
Gross unrealized losses of debt securities available-for-sale:
Total Gross unrealized losses		(1,000)
Residential mortgage-backed - US agency and GSEs
Fair value of debt securities available-for-sale:
Fair Value of 12 months or less	25,000
Fair Value of more than 12 months		4,000
Total Fair Value	25,000	4,000
Gross unrealized losses of debt securities available-for-sale:
Gross unrealized losses 12 months or less	(1,000)
Total Gross unrealized losses	(1,000)
Fair value of debt securities held-to-maturity:
Fair Value 12 months or less	165,000	68,000
Fair Value more than 12 months	99,000	217,000
Total Fair Value	264,000	285,000
Gross unrealized losses of debt securities held-to-maturity:
Gross unrealized losses 12 months or less	(2,000)	(1,000)
Gross unrealized losses more than 12 months	(2,000)	(3,000)
Total Gross unrealized losses	$ (4,000)	(4,000)
State and political subdivisions
Fair value of debt securities available-for-sale:
Fair Value of 12 months or less		8,779,000
Total Fair Value		8,779,000
Gross unrealized losses of debt securities available-for-sale:
Gross unrealized losses 12 months or less		(72,000)
Total Gross unrealized losses		$ (72,000)

Securities - Narrative (Details

Securities - Narrative (Details) - Residential mortgage-backed - US agency and GSEs	12 Months Ended
	Dec. 31, 2019USD ($)security	Sep. 30, 2020security
Debt Securities, Available-for-sale [Line Items]
Number of government-backed securities		12
Number of government-backed securities with immaterial unrealized losses	9
Maximum
Debt Securities, Available-for-sale [Line Items]
Impairment of Investments | $	$ 1,200

Securities - Amortized cost and

Securities - Amortized cost and estimated fair values of debt securities (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Amortized Cost [Abstract]
Due in one year or less	$ 974
Due over one year through five years	534
Due over five through ten years	4,629
Due after ten years	15,598
Total	21,735
Residential mortgage-backed securities	41
Total	21,776	$ 29,794
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Fair Value [Abstract]
Due in one year or less	974
Due over one year through five years	560
Due over five through ten years	4,934
Due after ten years	16,622
Total	23,090
Residential mortgage-backed securities	42
Debt Securities, Available-for-sale, Total	23,132	30,627
Debt Securities, Held-to-maturity, Maturity, Allocated and Single Maturity Date, Amortized Cost [Abstract]
Residential mortgage-backed securities	1,616
Debt Securities, Held-to-maturity, Total	1,616	2,078
Debt Securities, Held-to-maturity, Maturity, Allocated and Single Maturity Date, Fair Value [Abstract]
Residential mortgage-backed securities	1,653
Held-to-maturity securities Fair Value	$ 1,653	$ 2,110

Securities - Gross realized gai

Securities - Gross realized gains (losses) on sales and redemptions (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Securities
Realized gains	$ 480,000	$ 264,000	$ 480,000	$ 264,000
Total	480,000	$ 264,000	480,000	$ 264,000
Fair value of securities pledged as collateral	$ 22,243,000		$ 22,243,000		$ 21,773,000

Loans Receivable - Major classi

Loans Receivable - Major classifications of loans (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Loans and Leases Receivable Disclosure [Line Items]
Total loans	$ 282,720		$ 256,809
Net deferred loan costs	10,516		4,895
Fair value credit and yield adjustment	(373)		(424)
Less: Allowance for loan losses	(2,116)	$ (1,996)	(1,660)	$ (1,548)
Loans receivable, net	290,747		259,620
Residential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	131,070		139,542
Residential | One- to four-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	131,070		138,714
Less: Allowance for loan losses	(593)	(549)	(375)	(314)
Residential | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans			828
Less: Allowance for loan losses		(1)	(2)	(1)
Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total loans	59,949		55,813
Commercial | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans	92		100
Commercial | Real estate - nonresidential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	27,313		35,696
Less: Allowance for loan losses	(471)	(509)	(421)	(202)
Commercial | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	5,158		5,585
Less: Allowance for loan losses	(19)	(41)	(17)	(12)
Commercial | Commercial business
Loans and Leases Receivable Disclosure [Line Items]
Total loans	27,386		14,432
Less: Allowance for loan losses	(554)	(380)	(527)	(523)
Consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	91,701		61,454
Consumer | Home equity and junior liens
Loans and Leases Receivable Disclosure [Line Items]
Total loans	11,527		12,003
Less: Allowance for loan losses	(26)	(38)	(50)	(58)
Consumer | Manufactured homes
Loans and Leases Receivable Disclosure [Line Items]
Total loans	38,072		23,769
Less: Allowance for loan losses	(69)
Consumer | Automobile
Loans and Leases Receivable Disclosure [Line Items]
Total loans	22,004		21,083
Less: Allowance for loan losses	(133)	(134)	(142)	(228)
Consumer | Student
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,267		2,251
Less: Allowance for loan losses	(158)	(70)	(69)	$ (50)
Consumer | Recreational Vehicle
Loans and Leases Receivable Disclosure [Line Items]
Total loans	13,547		263
Consumer | Other consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	4,284		2,085
Less: Allowance for loan losses	(59)	$ (46)	(35)
Originated
Loans and Leases Receivable Disclosure [Line Items]
Total loans	263,472		233,590
Net deferred loan costs	10,585		4,986
Less: Allowance for loan losses	(2,116)		(1,660)
Loans receivable, net	271,941		236,916
Originated | One- to four-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	115,845
Originated | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans	92
Originated | Real estate - nonresidential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	25,334
Originated | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	5,158
Originated | Commercial business
Loans and Leases Receivable Disclosure [Line Items]
Total loans	27,014
Originated | Home equity and junior liens
Loans and Leases Receivable Disclosure [Line Items]
Total loans	10,066
Originated | Manufactured homes
Loans and Leases Receivable Disclosure [Line Items]
Total loans	38,072
Originated | Automobile
Loans and Leases Receivable Disclosure [Line Items]
Total loans	22,004
Originated | Student
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,267
Originated | Recreational Vehicle
Loans and Leases Receivable Disclosure [Line Items]
Total loans	13,547
Originated | Other consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	4,073
Originated | Residential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	115,845		121,036
Originated | Residential | One- to four-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	115,845		120,208
Originated | Residential | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans			828
Originated | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total loans	57,598		53,294
Originated | Commercial | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans	92		100
Originated | Commercial | Real estate - nonresidential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	25,334		33,581
Originated | Commercial | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	5,158		5,585
Originated | Commercial | Commercial business
Loans and Leases Receivable Disclosure [Line Items]
Total loans	27,014		14,028
Originated | Consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	90,029		59,260
Originated | Consumer | Home equity and junior liens
Loans and Leases Receivable Disclosure [Line Items]
Total loans	10,066		10,170
Originated | Consumer | Manufactured homes
Loans and Leases Receivable Disclosure [Line Items]
Total loans	38,072		23,769
Originated | Consumer | Automobile
Loans and Leases Receivable Disclosure [Line Items]
Total loans	22,004		21,083
Originated | Consumer | Student
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,267		2,251
Originated | Consumer | Recreational Vehicle
Loans and Leases Receivable Disclosure [Line Items]
Total loans	13,547		263
Originated | Consumer | Other consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	4,073		1,724
Acquired
Loans and Leases Receivable Disclosure [Line Items]
Total loans	19,248		23,219
Net deferred loan costs	(69)		(91)
Fair value credit and yield adjustment	(373)		(424)
Loans receivable, net	18,806		22,704
Acquired | Residential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	15,225		18,506
Acquired | Residential | One- to four-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	15,225		18,506
Acquired | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,351		2,519
Acquired | Commercial | Real estate - nonresidential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,979		2,115
Acquired | Commercial | Commercial business
Loans and Leases Receivable Disclosure [Line Items]
Total loans	372		404
Acquired | Consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,672		2,194
Acquired | Consumer | Home equity and junior liens
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,461		1,833
Acquired | Consumer | Other consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	$ 211		$ 361

Loans Receivable - Loan portfol

Loans Receivable - Loan portfolio (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Loans and Leases Receivable Disclosure [Line Items]
Total loans	$ 282,720,000	$ 256,809,000
Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	269,065,000	243,280,000
Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	4,812,000	6,476,000
Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	8,843,000	7,053,000
Discontinued sub-prime automobile loans
Loans and Leases Receivable Disclosure [Line Items]
Total loans	22,000	181,000
Total outstanding current and paying as agreed	18,000	125,000
Residential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	131,070,000	139,542,000
Residential | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	125,905,000	134,629,000
Residential | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,325,000	2,964,000
Residential | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,840,000	1,949,000
Residential | One- to four-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	131,070,000	138,714,000
Residential | One- to four-family | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	125,905,000	133,801,000
Residential | One- to four-family | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,325,000	2,964,000
Residential | One- to four-family | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,840,000	1,949,000
Residential | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans		828,000
Residential | Construction | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans		828,000
Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total loans	59,949,000	55,813,000
Commercial | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	52,103,000	47,618,000
Commercial | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,184,000	3,277,000
Commercial | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	5,662,000	4,918,000
Commercial | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans	92,000	100,000
Commercial | Construction | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	92,000	100,000
Commercial | Real estate - nonresidential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	27,313,000	35,696,000
Commercial | Real estate - nonresidential | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	22,268,000	31,307,000
Commercial | Real estate - nonresidential | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,708,000	1,479,000
Commercial | Real estate - nonresidential | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	3,337,000	2,910,000
Commercial | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	5,158,000	5,585,000
Commercial | Multi-family | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	5,158,000	5,585,000
Commercial | Commercial business
Loans and Leases Receivable Disclosure [Line Items]
Total loans	27,386,000	14,432,000
Commercial | Commercial business | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	24,585,000	10,626,000
Commercial | Commercial business | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	476,000	1,798,000
Commercial | Commercial business | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,325,000	2,008,000
Consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	91,701,000	61,454,000
Consumer | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	91,057,000	61,033,000
Consumer | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	303,000	235,000
Consumer | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	341,000	186,000
Consumer | Home equity and junior liens
Loans and Leases Receivable Disclosure [Line Items]
Total loans	11,527,000	12,003,000
Consumer | Home equity and junior liens | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	11,424,000	11,776,000
Consumer | Home equity and junior liens | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	20,000	96,000
Consumer | Home equity and junior liens | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	83,000	131,000
Consumer | Manufactured homes
Loans and Leases Receivable Disclosure [Line Items]
Total loans	38,072,000	23,769,000
Consumer | Manufactured homes | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	37,646,000	23,686,000
Consumer | Manufactured homes | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	240,000	83,000
Consumer | Manufactured homes | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	186,000
Consumer | Automobile
Loans and Leases Receivable Disclosure [Line Items]
Total loans	22,004,000	21,083,000
Consumer | Automobile | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	21,933,000	20,975,000
Consumer | Automobile | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	28,000	54,000
Consumer | Automobile | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	43,000	54,000
Consumer | Student
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,267,000	2,251,000
Consumer | Student | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,267,000	2,251,000
Consumer | Recreational Vehicle
Loans and Leases Receivable Disclosure [Line Items]
Total loans	13,547,000	263,000
Consumer | Recreational Vehicle | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	13,547,000	263,000
Consumer | Other consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	4,284,000	2,085,000
Consumer | Other consumer | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	4,240,000	2,082,000
Consumer | Other consumer | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	15,000	2,000
Consumer | Other consumer | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	29,000	1,000
Originated
Loans and Leases Receivable Disclosure [Line Items]
Total loans	263,472,000	233,590,000
Originated | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	250,626,000	221,267,000
Originated | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	4,280,000	5,671,000
Originated | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	8,566,000	6,652,000
Originated | One- to four-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	115,845,000
Originated | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans	92,000
Originated | Real estate - nonresidential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	25,334,000
Originated | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	5,158,000
Originated | Commercial business
Loans and Leases Receivable Disclosure [Line Items]
Total loans	27,014,000
Originated | Home equity and junior liens
Loans and Leases Receivable Disclosure [Line Items]
Total loans	10,066,000
Originated | Manufactured homes
Loans and Leases Receivable Disclosure [Line Items]
Total loans	38,072,000
Originated | Automobile
Loans and Leases Receivable Disclosure [Line Items]
Total loans	22,004,000
Originated | Student
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,267,000
Originated | Recreational Vehicle
Loans and Leases Receivable Disclosure [Line Items]
Total loans	13,547,000
Originated | Other consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	4,073,000
Originated | Residential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	115,845,000	121,036,000
Originated | Residential | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	111,445,000	117,242,000
Originated | Residential | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,793,000	2,159,000
Originated | Residential | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,607,000	1,635,000
Originated | Residential | One- to four-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	115,845,000	120,208,000
Originated | Residential | One- to four-family | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	111,445,000	116,414,000
Originated | Residential | One- to four-family | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,793,000	2,159,000
Originated | Residential | One- to four-family | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,607,000	1,635,000
Originated | Residential | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans		828,000
Originated | Residential | Construction | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans		828,000
Originated | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total loans	57,598,000	53,294,000
Originated | Commercial | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	49,752,000	45,099,000
Originated | Commercial | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,184,000	3,277,000
Originated | Commercial | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	5,662,000	4,918,000
Originated | Commercial | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total loans	92,000	100,000
Originated | Commercial | Construction | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	92,000	100,000
Originated | Commercial | Real estate - nonresidential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	25,334,000	33,581,000
Originated | Commercial | Real estate - nonresidential | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	20,289,000	29,192,000
Originated | Commercial | Real estate - nonresidential | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,708,000	1,479,000
Originated | Commercial | Real estate - nonresidential | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	3,337,000	2,910,000
Originated | Commercial | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	5,158,000	5,585,000
Originated | Commercial | Multi-family | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	5,158,000	5,585,000
Originated | Commercial | Commercial business
Loans and Leases Receivable Disclosure [Line Items]
Total loans	27,014,000	14,028,000
Originated | Commercial | Commercial business | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	24,213,000	10,222,000
Originated | Commercial | Commercial business | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	476,000	1,798,000
Originated | Commercial | Commercial business | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,325,000	2,008,000
Originated | Consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	90,029,000	59,260,000
Originated | Consumer | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	89,429,000	58,926,000
Originated | Consumer | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	303,000	235,000
Originated | Consumer | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	297,000	99,000
Originated | Consumer | Home equity and junior liens
Loans and Leases Receivable Disclosure [Line Items]
Total loans	10,066,000	10,170,000
Originated | Consumer | Home equity and junior liens | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	10,007,000	10,030,000
Originated | Consumer | Home equity and junior liens | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	20,000	96,000
Originated | Consumer | Home equity and junior liens | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	39,000	44,000
Originated | Consumer | Manufactured homes
Loans and Leases Receivable Disclosure [Line Items]
Total loans	38,072,000	23,769,000
Originated | Consumer | Manufactured homes | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	37,646,000	23,686,000
Originated | Consumer | Manufactured homes | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	240,000	83,000
Originated | Consumer | Manufactured homes | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	186,000
Originated | Consumer | Automobile
Loans and Leases Receivable Disclosure [Line Items]
Total loans	22,004,000	21,083,000
Originated | Consumer | Automobile | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	21,933,000	20,975,000
Originated | Consumer | Automobile | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	28,000	54,000
Originated | Consumer | Automobile | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	43,000	54,000
Originated | Consumer | Student
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,267,000	2,251,000
Originated | Consumer | Student | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,267,000	2,251,000
Originated | Consumer | Recreational Vehicle
Loans and Leases Receivable Disclosure [Line Items]
Total loans	13,547,000	263,000
Originated | Consumer | Recreational Vehicle | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	13,547,000	263,000
Originated | Consumer | Other consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	4,073,000	1,724,000
Originated | Consumer | Other consumer | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	4,029,000	1,721,000
Originated | Consumer | Other consumer | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	15,000	2,000
Originated | Consumer | Other consumer | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	29,000	1,000
Acquired
Loans and Leases Receivable Disclosure [Line Items]
Total loans	19,248,000	23,219,000
Acquired | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	18,439,000	22,013,000
Acquired | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	532,000	805,000
Acquired | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	277,000	401,000
Acquired | Residential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	15,225,000	18,506,000
Acquired | Residential | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	14,460,000	17,387,000
Acquired | Residential | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	532,000	805,000
Acquired | Residential | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	233,000	314,000
Acquired | Residential | One- to four-family
Loans and Leases Receivable Disclosure [Line Items]
Total loans	15,225,000	18,506,000
Acquired | Residential | One- to four-family | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	14,460,000	17,387,000
Acquired | Residential | One- to four-family | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total loans	532,000	805,000
Acquired | Residential | One- to four-family | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	233,000	314,000
Acquired | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,351,000	2,519,000
Acquired | Commercial | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	2,351,000	2,519,000
Acquired | Commercial | Real estate - nonresidential
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,979,000	2,115,000
Acquired | Commercial | Real estate - nonresidential | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,979,000	2,115,000
Acquired | Commercial | Commercial business
Loans and Leases Receivable Disclosure [Line Items]
Total loans	372,000	404,000
Acquired | Commercial | Commercial business | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	372,000	404,000
Acquired | Consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,672,000	2,194,000
Acquired | Consumer | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,628,000	2,107,000
Acquired | Consumer | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	44,000	87,000
Acquired | Consumer | Home equity and junior liens
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,461,000	1,833,000
Acquired | Consumer | Home equity and junior liens | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	1,417,000	1,746,000
Acquired | Consumer | Home equity and junior liens | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total loans	44,000	87,000
Acquired | Consumer | Other consumer
Loans and Leases Receivable Disclosure [Line Items]
Total loans	211,000	361,000
Acquired | Consumer | Other consumer | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total loans	$ 211,000	$ 361,000

Loans Receivable - Non-accrual

Loans Receivable - Non-accrual and Past Due Loans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Sep. 30, 2020	Dec. 31, 2018
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 11,984,000	$ 10,305,000
Total Loans Current	244,825,000	272,415,000
Total loans	256,809,000	282,720,000
Non-accrual loans	6,171,000	3,950,000
Number of loans past due more than ninety days and still accruing	$ 0	0	$ 0
Period of modified terms	9 months
30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 4,880,000	4,538,000
60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3,652,000	1,817,000
90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3,452,000	3,950,000
Automobile
Financing Receivable, Past Due [Line Items]
Total outstanding TDR	81,000	47,000
Residential
Financing Receivable, Past Due [Line Items]
Total Past Due	7,628,000	6,390,000
Total Loans Current	131,914,000	124,680,000
Total loans	139,542,000	131,070,000
Non-accrual loans	2,259,000	2,540,000
Residential | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3,420,000	2,634,000
Residential | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,949,000	1,216,000
Residential | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	2,259,000	2,540,000
Residential | One- to four-family
Financing Receivable, Past Due [Line Items]
Total Past Due	7,628,000	6,390,000
Total Loans Current	131,086,000	124,680,000
Total loans	138,714,000	131,070,000
Residential | One- to four-family | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3,420,000	2,634,000
Residential | One- to four-family | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,949,000	1,216,000
Residential | One- to four-family | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	2,259,000	2,540,000
Residential | 1-4 family first-lien
Financing Receivable, Past Due [Line Items]
Non-accrual loans	2,259,000	2,540,000
Residential | Construction
Financing Receivable, Past Due [Line Items]
Total Loans Current	828,000
Total loans	828,000
Commercial
Financing Receivable, Past Due [Line Items]
Total Past Due	3,287,000	2,422,000
Total Loans Current	52,526,000	57,527,000
Total loans	55,813,000	59,949,000
Non-accrual loans	3,704,000	1,069,000
Total outstanding TDR	2,700,000
Commercial | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	890,000	989,000
Commercial | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,412,000	364,000
Commercial | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	985,000	1,069,000
Commercial | Construction
Financing Receivable, Past Due [Line Items]
Total Loans Current	100,000	92,000
Total loans	100,000	92,000
Commercial | Other commercial and industrial
Financing Receivable, Past Due [Line Items]
Non-accrual loans	1,195,000	157,000
Commercial | Real estate - nonresidential
Financing Receivable, Past Due [Line Items]
Total Past Due	2,650,000	1,587,000
Total Loans Current	33,046,000	25,726,000
Total loans	35,696,000	27,313,000
Non-accrual loans	2,509,000	912,000
Commercial | Real estate - nonresidential | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	350,000	561,000
Commercial | Real estate - nonresidential | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,388,000	114,000
Commercial | Real estate - nonresidential | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	912,000	912,000
Commercial | Multi-family
Financing Receivable, Past Due [Line Items]
Total Past Due		42,000
Total Loans Current	5,585,000	5,116,000
Total loans	5,585,000	5,158,000
Commercial | Multi-family | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		42,000
Commercial | Commercial business
Financing Receivable, Past Due [Line Items]
Total Past Due	637,000	793,000
Total Loans Current	13,795,000	26,593,000
Total loans	14,432,000	27,386,000
Commercial | Commercial business | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	540,000	428,000
Commercial | Commercial business | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	24,000	208,000
Commercial | Commercial business | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	73,000	157,000
Consumer
Financing Receivable, Past Due [Line Items]
Total Past Due	1,069,000	1,493,000
Total Loans Current	60,385,000	90,208,000
Total loans	61,454,000	91,701,000
Non-accrual loans	208,000	341,000
Consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	570,000	915,000
Consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	291,000	237,000
Consumer | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	208,000	341,000
Consumer | Home equity and junior liens
Financing Receivable, Past Due [Line Items]
Total Past Due	379,000	178,000
Total Loans Current	11,624,000	11,349,000
Total loans	12,003,000	11,527,000
Non-accrual loans	154,000	83,000
Consumer | Home equity and junior liens | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	91,000	64,000
Consumer | Home equity and junior liens | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	134,000	31,000
Consumer | Home equity and junior liens | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	154,000	83,000
Consumer | Manufactured homes
Financing Receivable, Past Due [Line Items]
Total Past Due	262,000	801,000
Total Loans Current	23,507,000	37,271,000
Total loans	23,769,000	38,072,000
Non-accrual loans		186,000
Consumer | Manufactured homes | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	179,000	495,000
Consumer | Manufactured homes | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	83,000	120,000
Consumer | Manufactured homes | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		186,000
Consumer | Automobile
Financing Receivable, Past Due [Line Items]
Total Past Due	315,000	240,000
Total Loans Current	20,768,000	21,764,000
Total loans	21,083,000	22,004,000
Non-accrual loans	54,000	43,000
Consumer | Automobile | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	207,000	147,000
Consumer | Automobile | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	54,000	50,000
Consumer | Automobile | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	54,000	43,000
Consumer | Student
Financing Receivable, Past Due [Line Items]
Total Past Due	35,000
Total Loans Current	2,216,000	2,267,000
Total loans	2,251,000	2,267,000
Consumer | Student | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	35,000
Consumer | Recreational Vehicle
Financing Receivable, Past Due [Line Items]
Total Past Due		202,000
Total Loans Current	263,000	13,345,000
Total loans	263,000	13,547,000
Non-accrual loans		29,000
Consumer | Recreational Vehicle | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		181,000
Consumer | Recreational Vehicle | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		21,000
Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Total Past Due	78,000	72,000
Total Loans Current	2,007,000	4,212,000
Total loans	2,085,000	4,284,000
Consumer | Other consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	58,000	28,000
Consumer | Other consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	20,000	15,000
Consumer | Other consumer | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		29,000
Originated
Financing Receivable, Past Due [Line Items]
Total Past Due	10,740,000	9,416,000
Total Loans Current	222,850,000	254,056,000
Total loans	233,590,000	263,472,000
Originated | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	4,411,000	4,080,000
Originated | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3,278,000	1,663,000
Originated | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	3,051,000	3,673,000
Originated | One- to four-family
Financing Receivable, Past Due [Line Items]
Total Past Due		5,749,000
Total Loans Current		110,096,000
Total loans		115,845,000
Originated | One- to four-family | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		2,359,000
Originated | One- to four-family | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		1,083,000
Originated | One- to four-family | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		2,307,000
Originated | Construction
Financing Receivable, Past Due [Line Items]
Total Loans Current		92,000
Total loans		92,000
Originated | Real estate - nonresidential
Financing Receivable, Past Due [Line Items]
Total Past Due		1,587,000
Total Loans Current		23,747,000
Total loans		25,334,000
Originated | Real estate - nonresidential | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		561,000
Originated | Real estate - nonresidential | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		114,000
Originated | Real estate - nonresidential | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		912,000
Originated | Multi-family
Financing Receivable, Past Due [Line Items]
Total Past Due		42,000
Total Loans Current		5,116,000
Total loans		5,158,000
Originated | Multi-family | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		42,000
Originated | Commercial business
Financing Receivable, Past Due [Line Items]
Total Past Due		793,000
Total Loans Current		26,221,000
Total loans		27,014,000
Originated | Commercial business | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		428,000
Originated | Commercial business | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		208,000
Originated | Commercial business | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		157,000
Originated | Home equity and junior liens
Financing Receivable, Past Due [Line Items]
Total Past Due		134,000
Total Loans Current		9,932,000
Total loans		10,066,000
Originated | Home equity and junior liens | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		64,000
Originated | Home equity and junior liens | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		31,000
Originated | Home equity and junior liens | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		39,000
Originated | Manufactured homes
Financing Receivable, Past Due [Line Items]
Total Past Due		801,000
Total Loans Current		37,271,000
Total loans		38,072,000
Originated | Manufactured homes | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		495,000
Originated | Manufactured homes | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		120,000
Originated | Manufactured homes | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		186,000
Originated | Automobile
Financing Receivable, Past Due [Line Items]
Total Past Due		240,000
Total Loans Current		21,764,000
Total loans		22,004,000
Originated | Automobile | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		147,000
Originated | Automobile | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		50,000
Originated | Automobile | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		43,000
Originated | Student
Financing Receivable, Past Due [Line Items]
Total Loans Current		2,267,000
Total loans		2,267,000
Originated | Recreational Vehicle
Financing Receivable, Past Due [Line Items]
Total Past Due		29,000
Total Loans Current		13,518,000
Total loans		13,547,000
Originated | Recreational Vehicle | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		29,000
Originated | Other consumer
Financing Receivable, Past Due [Line Items]
Total Past Due		41,000
Total Loans Current		4,032,000
Total loans		4,073,000
Originated | Other consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		26,000
Originated | Other consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due		15,000
Originated | Residential
Financing Receivable, Past Due [Line Items]
Total Past Due	6,564,000	5,749,000
Total Loans Current	114,472,000	110,096,000
Total loans	121,036,000	115,845,000
Originated | Residential | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	2,963,000	2,359,000
Originated | Residential | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,656,000	1,083,000
Originated | Residential | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,945,000	2,307,000
Originated | Residential | One- to four-family
Financing Receivable, Past Due [Line Items]
Total Past Due	6,564,000
Total Loans Current	113,644,000
Total loans	120,208,000	115,845,000
Originated | Residential | One- to four-family | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	2,963,000
Originated | Residential | One- to four-family | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,656,000
Originated | Residential | One- to four-family | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,945,000
Originated | Residential | Construction
Financing Receivable, Past Due [Line Items]
Total Loans Current	828,000
Total loans	828,000
Originated | Commercial
Financing Receivable, Past Due [Line Items]
Total Past Due	3,287,000	2,422,000
Total Loans Current	50,007,000	55,176,000
Total loans	53,294,000	57,598,000
Originated | Commercial | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	890,000	989,000
Originated | Commercial | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,412,000	364,000
Originated | Commercial | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	985,000	1,069,000
Originated | Commercial | Construction
Financing Receivable, Past Due [Line Items]
Total Loans Current	100,000
Total loans	100,000	92,000
Originated | Commercial | Real estate - nonresidential
Financing Receivable, Past Due [Line Items]
Total Past Due	2,650,000
Total Loans Current	30,931,000
Total loans	33,581,000	25,334,000
Originated | Commercial | Real estate - nonresidential | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	350,000
Originated | Commercial | Real estate - nonresidential | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,388,000
Originated | Commercial | Real estate - nonresidential | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	912,000
Originated | Commercial | Multi-family
Financing Receivable, Past Due [Line Items]
Total Loans Current	5,585,000
Total loans	5,585,000	5,158,000
Originated | Commercial | Commercial business
Financing Receivable, Past Due [Line Items]
Total Past Due	637,000
Total Loans Current	13,391,000
Total loans	14,028,000	27,014,000
Originated | Commercial | Commercial business | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	540,000
Originated | Commercial | Commercial business | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	24,000
Originated | Commercial | Commercial business | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	73,000
Originated | Consumer
Financing Receivable, Past Due [Line Items]
Total Past Due	889,000	1,245,000
Total Loans Current	58,371,000	88,784,000
Total loans	59,260,000	90,029,000
Originated | Consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	558,000	732,000
Originated | Consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	210,000	216,000
Originated | Consumer | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	121,000	297,000
Originated | Consumer | Home equity and junior liens
Financing Receivable, Past Due [Line Items]
Total Past Due	218,000
Total Loans Current	9,952,000
Total loans	10,170,000	10,066,000
Originated | Consumer | Home equity and junior liens | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	80,000
Originated | Consumer | Home equity and junior liens | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	71,000
Originated | Consumer | Home equity and junior liens | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	67,000
Originated | Consumer | Manufactured homes
Financing Receivable, Past Due [Line Items]
Total Past Due	262,000
Total Loans Current	23,507,000
Total loans	23,769,000	38,072,000
Originated | Consumer | Manufactured homes | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	179,000
Originated | Consumer | Manufactured homes | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	83,000
Originated | Consumer | Automobile
Financing Receivable, Past Due [Line Items]
Total Past Due	315,000
Total Loans Current	20,768,000
Total loans	21,083,000	22,004,000
Originated | Consumer | Automobile | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	207,000
Originated | Consumer | Automobile | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	54,000
Originated | Consumer | Automobile | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	54,000
Originated | Consumer | Student
Financing Receivable, Past Due [Line Items]
Total Past Due	35,000
Total Loans Current	2,216,000
Total loans	2,251,000	2,267,000
Originated | Consumer | Student | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	35,000
Originated | Consumer | Recreational Vehicle
Financing Receivable, Past Due [Line Items]
Total Loans Current	263,000
Total loans	263,000	13,547,000
Originated | Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Total Past Due	59,000
Total Loans Current	1,665,000
Total loans	1,724,000	4,073,000
Originated | Consumer | Other consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	57,000
Originated | Consumer | Other consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	2,000
Acquired
Financing Receivable, Past Due [Line Items]
Total Past Due	1,244,000	687,000
Total Loans Current	21,975,000	18,561,000
Total loans	23,219,000	19,248,000
Acquired | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	469,000	277,000
Acquired | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	374,000	133,000
Acquired | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	401,000	277,000
Acquired | Residential
Financing Receivable, Past Due [Line Items]
Total Past Due	1,064,000	641,000
Total Loans Current	17,442,000	14,584,000
Total loans	18,506,000	15,225,000
Acquired | Residential | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	457,000	275,000
Acquired | Residential | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	293,000	133,000
Acquired | Residential | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	314,000	233,000
Acquired | Residential | One- to four-family
Financing Receivable, Past Due [Line Items]
Total Past Due	1,064,000	641,000
Total Loans Current	17,442,000	14,584,000
Total loans	18,506,000	15,225,000
Acquired | Residential | One- to four-family | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	457,000	275,000
Acquired | Residential | One- to four-family | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	293,000	133,000
Acquired | Residential | One- to four-family | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	314,000	233,000
Acquired | Commercial
Financing Receivable, Past Due [Line Items]
Total Loans Current	2,519,000	2,351,000
Total loans	2,519,000	2,351,000
Acquired | Commercial | Other commercial and industrial
Financing Receivable, Past Due [Line Items]
Total Loans Current	404,000
Total loans	404,000
Acquired | Commercial | Real estate - nonresidential
Financing Receivable, Past Due [Line Items]
Total Loans Current	2,115,000	1,979,000
Total loans	2,115,000	1,979,000
Acquired | Commercial | Commercial business
Financing Receivable, Past Due [Line Items]
Total Loans Current		372,000
Total loans	404,000	372,000
Acquired | Consumer
Financing Receivable, Past Due [Line Items]
Total Past Due	180,000	46,000
Total Loans Current	2,014,000	1,626,000
Total loans	2,194,000	1,672,000
Acquired | Consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	12,000	2,000
Acquired | Consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	81,000
Acquired | Consumer | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	87,000	44,000
Acquired | Consumer | Home equity and junior liens
Financing Receivable, Past Due [Line Items]
Total Past Due	161,000	44,000
Total Loans Current	1,672,000	1,417,000
Total loans	1,833,000	1,461,000
Acquired | Consumer | Home equity and junior liens | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	11,000
Acquired | Consumer | Home equity and junior liens | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	63,000
Acquired | Consumer | Home equity and junior liens | 90 Days or More Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	87,000	44,000
Acquired | Consumer | Other consumer
Financing Receivable, Past Due [Line Items]
Total Past Due	19,000	2,000
Total Loans Current	342,000	209,000
Total loans	361,000	211,000
Acquired | Consumer | Other consumer | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	1,000	$ 2,000
Acquired | Consumer | Other consumer | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 18,000

Loans Receivable - Troubled Deb

Loans Receivable - Troubled Debt Restructurings (Details)	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2020USD ($)loan	Dec. 31, 2019USD ($)loan	Dec. 31, 2018USD ($)loan
Loans and Leases Receivable Disclosure [Line Items]
Charge-offs	$ (63,000)	$ (117,000)	$ (396,000)
Local Automobile Dealership
Loans and Leases Receivable Disclosure [Line Items]
Number of modified loans | loan			2
Total outstanding TDR	2,573,000	2,573,000	$ 2,718,000
Bankers Healthcare Group
Loans and Leases Receivable Disclosure [Line Items]
Total outstanding TDR	15,000	$ 15,000	$ 25,000
Percentage of recourse share in losses			50.00%
Automobile
Loans and Leases Receivable Disclosure [Line Items]
Number of modified loans | loan		6	10
Number of contracts in non-accrual status | loan		1	2
Total outstanding TDR	47,000	$ 47,000	$ 81,000
Consumer | Medina Savings and Loan Association
Loans and Leases Receivable Disclosure [Line Items]
Number of loans acquired | loan				2
Outstanding balance			7,000	$ 17,000
Charge-offs			7,000
Consumer | Automobile
Loans and Leases Receivable Disclosure [Line Items]
Charge-offs	$ (15,000)	$ (44,000)	$ (137,000)
Commercial
Loans and Leases Receivable Disclosure [Line Items]
Number of modified loans | loan			1
Total outstanding TDR			$ 2,700,000

Loans Receivable - Impaired Loa

Loans Receivable - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Recorded Investment
Total:	$ 5,208		$ 5,208		$ 7,412
Unpaid Principal Balance
Total:	5,238		5,238		7,442
Related Allowance	624		624		391
Average Recorded Investment
Total:	11,210		5,287		5,022
One- to four-family
Recorded Investment
Total:	2,639		2,639
Unpaid Principal Balance
Total:	2,669		2,669
Related Allowance	81		81
Real estate - nonresidential
Recorded Investment
Total:	906		906
Unpaid Principal Balance
Total:	906		906
Related Allowance	276		276
Commercial business
Recorded Investment
Total:	1,546		1,546
Unpaid Principal Balance
Total:	1,546		1,546
Related Allowance	256		256
Home equity and junior liens
Recorded Investment
Total:	72		72
Unpaid Principal Balance
Total:	72		72
Automobile
Recorded Investment
Total:	45		45
Unpaid Principal Balance
Total:	45		45
Related Allowance	11		11
Residential | One- to four-family
Recorded Investment
With no related allowance recorded:	1,724		1,724		2,150
With an allowance recorded:	915		915		132
Total:					2,282
Unpaid Principal Balance
With no related allowance recorded:	1,754		1,754		2,180
With an allowance recorded:	915		915		132
Total:					2,312
Related Allowance	81		81		7
Average Recorded Investment
Total:	2,642		2,652		2,309
Interest recognized on cash basis	15	$ 11	61	$ 42
Commercial | Real estate - nonresidential
Recorded Investment
With no related allowance recorded:	354		354		2,472
With an allowance recorded:	552		552		438
Total:					2,910
Unpaid Principal Balance
With no related allowance recorded:	354		354		2,472
With an allowance recorded:	552		552		438
Total:					2,910
Related Allowance	276		276		250
Average Recorded Investment
Total:	6,907		913		1,453
Interest recognized on cash basis	4	13	14	37
Commercial | Commercial business
Recorded Investment
With no related allowance recorded:	809		809		1,622
With an allowance recorded:	737		737		385
Total:					2,007
Unpaid Principal Balance
With no related allowance recorded:	809		809		1,622
With an allowance recorded:	737		737		385
Total:					2,007
Related Allowance	256		256		133
Average Recorded Investment
Total:	1,543		1,601		1,038
Interest recognized on cash basis	17	25	43	65
Consumer
Average Recorded Investment
Interest recognized on cash basis	39	50	125	147
Consumer | Home equity and junior liens
Recorded Investment
With no related allowance recorded:	72		72		131
Total:					131
Unpaid Principal Balance
With no related allowance recorded:	72		72		131
Total:					131
Average Recorded Investment
Total:	72		73		132
Interest recognized on cash basis	2	$ 1	4	$ 3
Consumer | Automobile
Recorded Investment
With no related allowance recorded:					81
With an allowance recorded:	45		45
Total:					81
Unpaid Principal Balance
With no related allowance recorded:					81
With an allowance recorded:	45		45
Total:					81
Related Allowance	11		11
Average Recorded Investment
Total:	46		48		89
Interest recognized on cash basis	$ 1		$ 3
Consumer | Other consumer
Recorded Investment
With an allowance recorded:					1
Total:					1
Unpaid Principal Balance
With an allowance recorded:					1
Total:					1
Related Allowance					1
Average Recorded Investment
Total:					$ 1

Allowance for Loan Loss (Detail

Allowance for Loan Loss (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Sep. 30, 2020	Dec. 31, 2019
Allowance for loan losses:
Beginning Balance	$ 1,996	$ 1,660	$ 1,548
Charge-offs	(63)	(117)	(396)
Recoveries	31	243	148
Provision for loan losses	150	330	360
Ending balance	2,116	2,116	1,660
Ending balance: related to loans individually evaluated for impairment	624	624	391
Ending balance: related to loans collectively evaluated for impairment	1,492	1,492	1,269
Loans receivable - Ending balance	282,720	282,720	256,809
Loans receivable - Ending balance: individually evaluated for impairment	5,208	5,208	7,412
Loans receivable - Ending balance: collectively evaluated for impairment	277,512	277,512	249,397
Unallocated
Allowance for loan losses:
Beginning Balance	228	22	132
Provision for loan losses	(194)	12	(110)
Ending balance	34	34	22
Ending balance: related to loans collectively evaluated for impairment	34	34	22
Residential
Allowance for loan losses:
Loans receivable - Ending balance	131,070	131,070	139,542
Residential | One- to four-family
Allowance for loan losses:
Beginning Balance	549	375	314
Charge-offs		(8)	(42)
Recoveries		2	2
Provision for loan losses	44	224	101
Ending balance	593	593	375
Ending balance: related to loans individually evaluated for impairment	81	81	7
Ending balance: related to loans collectively evaluated for impairment	512	512	368
Loans receivable - Ending balance	131,070	131,070	138,714
Loans receivable - Ending balance: individually evaluated for impairment	2,639	2,639	2,282
Loans receivable - Ending balance: collectively evaluated for impairment	128,431	128,431	136,432
Residential | Construction
Allowance for loan losses:
Beginning Balance	1	2	1
Provision for loan losses	(1)	(2)	1
Ending balance			2
Ending balance: related to loans collectively evaluated for impairment			2
Loans receivable - Ending balance			828
Loans receivable - Ending balance: collectively evaluated for impairment			828
Commercial
Allowance for loan losses:
Loans receivable - Ending balance	59,949	59,949	55,813
Commercial | Construction
Allowance for loan losses:
Loans receivable - Ending balance	92	92	100
Loans receivable - Ending balance: collectively evaluated for impairment	92	92	100
Commercial | Real estate - nonresidential
Allowance for loan losses:
Beginning Balance	509	421	202
Charge-offs	(48)	(48)	(18)
Provision for loan losses	10	98	237
Ending balance	471	471	421
Ending balance: related to loans individually evaluated for impairment	276	276	250
Ending balance: related to loans collectively evaluated for impairment	195	195	171
Loans receivable - Ending balance	27,313	27,313	35,696
Loans receivable - Ending balance: individually evaluated for impairment	906	906	2,910
Loans receivable - Ending balance: collectively evaluated for impairment	26,407	26,407	32,786
Commercial | Multi-family
Allowance for loan losses:
Beginning Balance	41	17	12
Recoveries	5	14	9
Provision for loan losses	(27)	(12)	(4)
Ending balance	19	19	17
Ending balance: related to loans collectively evaluated for impairment	19	19	17
Loans receivable - Ending balance	5,158	5,158	5,585
Loans receivable - Ending balance: collectively evaluated for impairment	5,158	5,158	5,585
Commercial | Commercial business
Allowance for loan losses:
Beginning Balance	380	527	523
Charge-offs			(106)
Recoveries		140	79
Provision for loan losses	174	(113)	31
Ending balance	554	554	527
Ending balance: related to loans individually evaluated for impairment	256	256	133
Ending balance: related to loans collectively evaluated for impairment	298	298	394
Loans receivable - Ending balance	27,386	27,386	14,432
Loans receivable - Ending balance: individually evaluated for impairment	1,546	1,546	2,007
Loans receivable - Ending balance: collectively evaluated for impairment	25,840	25,840	12,425
Consumer
Allowance for loan losses:
Loans receivable - Ending balance	91,701	91,701	61,454
Consumer | Home equity and junior liens
Allowance for loan losses:
Beginning Balance	38	50	58
Recoveries		12
Provision for loan losses	(12)	(36)	(8)
Ending balance	26	26	50
Ending balance: related to loans collectively evaluated for impairment	26	26	50
Loans receivable - Ending balance	11,527	11,527	12,003
Loans receivable - Ending balance: individually evaluated for impairment	72	72	131
Loans receivable - Ending balance: collectively evaluated for impairment	11,455	11,455	11,872
Consumer | Manufactured homes
Allowance for loan losses:
Provision for loan losses	69	69
Ending balance	69	69
Ending balance: related to loans collectively evaluated for impairment	69	69
Loans receivable - Ending balance	38,072	38,072	23,769
Loans receivable - Ending balance: collectively evaluated for impairment	38,072	38,072	23,769
Consumer | Automobile
Allowance for loan losses:
Beginning Balance	134	142	228
Charge-offs	(15)	(44)	(137)
Recoveries	27	62	52
Provision for loan losses	(13)	(27)	(1)
Ending balance	133	133	142
Ending balance: related to loans individually evaluated for impairment	11	11
Ending balance: related to loans collectively evaluated for impairment	122	122	142
Loans receivable - Ending balance	22,004	22,004	21,083
Loans receivable - Ending balance: individually evaluated for impairment	45	45	81
Loans receivable - Ending balance: collectively evaluated for impairment	21,959	21,959	21,002
Consumer | Student
Allowance for loan losses:
Beginning Balance	70	69	50
Charge-offs			(25)
Recoveries	2	2	1
Provision for loan losses	86	87	43
Ending balance	158	158	69
Ending balance: related to loans collectively evaluated for impairment	158	158	69
Loans receivable - Ending balance	2,267	2,267	2,251
Loans receivable - Ending balance: collectively evaluated for impairment	2,267	2,267	2,251
Consumer | Recreational Vehicle
Allowance for loan losses:
Charge-offs		(14)
Recoveries	2	2
Provision for loan losses	(2)	12
Loans receivable - Ending balance	13,547	13,547	263
Loans receivable - Ending balance: collectively evaluated for impairment	13,547	13,547
Consumer | Other consumer
Allowance for loan losses:
Beginning Balance	46	35
Charge-offs		(3)
Recoveries		9
Recoveries	(3)
Provision for loan losses	16	18
Ending balance	59	59	35
Ending balance: related to loans collectively evaluated for impairment	59	59
Loans receivable - Ending balance	4,284	4,284	2,085
Loans receivable - Ending balance: collectively evaluated for impairment	$ 4,284	4,284
Consumer | Other consumer
Allowance for loan losses:
Beginning Balance		$ 35	28
Charge-offs			(68)
Recoveries			5
Provision for loan losses			70
Ending balance			35
Ending balance: related to loans individually evaluated for impairment			1
Ending balance: related to loans collectively evaluated for impairment			34
Loans receivable - Ending balance			2,348
Loans receivable - Ending balance: individually evaluated for impairment			1
Loans receivable - Ending balance: collectively evaluated for impairment			$ 2,347

Employee Benefit Plans - Define

Employee Benefit Plans - Defined Benefit Plan - Components of net periodic pension expense (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)plan	Sep. 30, 2019USD ($)
Net periodic expenses recognized in income:
Number of benefit pension plans | plan			2
Generations Bank Plan
Net periodic expenses recognized in income:
Service cost	$ 103	$ 94	$ 309	$ 283
Interest cost	112	119	336	358
Expected return on plan assets	(335)	(309)	(1,004)	(929)
Amortization of net losses	34	50	101	150
Net periodic pension benefit	(86)	(46)	(258)	(138)
Medina Savings and Loan Plan
Net periodic expenses recognized in income:
Service cost	7	5	21	14
Interest cost	36	25	107	75
Expected return on plan assets	(108)	(79)	(322)	(237)
Amortization of net losses		(2)		(7)
Net periodic pension benefit	$ (65)	$ (51)	$ (194)	$ (155)

Regulatory Capital (Details)

Regulatory Capital (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)	Dec. 31, 2015	Sep. 30, 2020USD ($)
Actual amount
Common Equity Tier 1 Capital,	$ 27,343		$ 27,165
Total Capital (to Risk-Weighted Assets)	31,219		33,713
Tier 1 Capital* (to Risk-Weighted Assets)	27,343		27,165
Core Capital (to Total Adjusted Assets)	$ 29,559		$ 31,597
Actual Ratio
Common Equity Tier 1 Capital, Actual Amount	11.23		11.56
Capital Conservation Buffer	2.50%	0.00%
Total Capital (to Risk-Weighted Assets)	12.82		13.26
Tier 1 Capital* (to Risk-Weighted Assets)	12.13		12.43
Core Capital (to Total Adjusted Assets)	8.37		8.54
Excess capital to risk weighted assets	10		10
Minimum For Capital Adequacy Purposes, Amount
Common Equity Tier 1 Capital,	$ 10,962		$ 11,441
Total Capital (to Risk-Weighted Assets)	19,488		20,340
Tier 1 Capital* (to Risk-Weighted Assets)	14,616		15,255
Core Capital (to Total Adjusted Assets)	$ 14,118		$ 14,798
Minimum For Capital Adequacy Purposes, Ratio
Common Equity Tier 1 Capital,	4.50		4.50
Total Capital (to Risk-Weighted Assets)	8		8
Tier 1 Capital* (to Risk-Weighted Assets)	6		6
Core Capital (to Total Adjusted Assets)	4		4
Minimum To Be Well- Capitalized Under Prompt Corrective Provisions Amount
Common Equity Tier 1 Capital,	$ 15,834		$ 16,526
Total Capital (to Risk-Weighted Assets)	24,359		25,425
Tier 1 Capital* (to Risk-Weighted Assets)	19,488		20,340
Core Capital (to Total Adjusted Assets)	$ 17,648		$ 18,498
Minimum To Be Well- Capitalized Under Prompt Corrective Provisions Ratio
Common Equity Tier 1 Capital,	6.50		6.50
Total Capital (to Risk-Weighted Assets)	10		10
Tier 1 Capital* (to Risk-Weighted Assets)	8		8
Core Capital (to Total Adjusted Assets)	5		5
Minimum For Capital Adequacy Plus Capital Conservation Buffer Basel III Phase-In, Amount
Common Equity Tier 1 Capital,	$ 17,052		$ 17,797
Total Capital (to Risk-Weighted Assets)	25,577		26,696
Tier 1 Capital* (to Risk-Weighted Assets)	20,706		21,611
Core Capital (to Total Adjusted Assets)	$ 15,883		$ 16,648
Minimum For Capital Adequacy Plus Capital Conservation Buffer Basel III Phase-In, Ratio
Common Equity Tier 1 Capital,	7		7
Total Capital (to Risk-Weighted Assets)	10.50		10.50
Tier 1 Capital* (to Risk-Weighted Assets)	8.50		8.50
Core Capital (to Total Adjusted Assets)	4.50		4.50

Commitments and Contingencies -

Commitments and Contingencies - Credit Commitments (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Commitments and Contingencies
Loan commitments with fixed interest rate	$ 16,000	$ 10,500
Loan commitments with variable interest rate	5,500	11,800
Commitments to grant loans
Commitments and Contingencies
Credit risk for financial instruments	5,529	4,847
Unfunded commitments under lines of credit
Commitments and Contingencies
Credit risk for financial instruments	$ 16,034	17,072
Standby letters of credit
Commitments and Contingencies
Credit risk for financial instruments		$ 400

Commitments and Contingencies_2

Commitments and Contingencies - Commitments to Originate (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2020USD ($)contract	Dec. 31, 2019USD ($)contract
Commitments and Contingencies
Outstanding principal balance	$ 290,747,000	$ 259,620,000
MPF Program
Commitments and Contingencies
Penalties to be paid on failure to fulfill Commitment	$ 0
Number of open contracts | contract	0	0
Commitments to deliver loans	$ 0	$ 0
Outstanding principal balance	12,500,000
Extension or pair-off fees paid	0	0
Recourse back to bank for loans sold		2,200,000
First loss account allocated to bank		$ 78,500
MPF Program, Inclusive of USDA Loans
Commitments and Contingencies
Outstanding principal balance	$ 68,600,000

Commitments and Contingencies_3

Commitments and Contingencies - Lease Commitments (Details) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Commitments and Contingencies
Operating lease expense	$ 34,000	$ 34,000	$ 45,000
Future minimum lease commitments
Sep 30 2020	11,000
2021	19,000		46,000
2022			19,000
Total	$ 30,000		$ 65,000
Option to extend	True

Revenue from Contracts with C_3

Revenue from Contracts with Customers (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Revenue from Contracts with Customers
Revenues	$ 586	$ 610	$ 1,801	$ 2,035
Service charges on deposit accounts
Revenue from Contracts with Customers
Revenues	132	123	443	528
Debit card interchange and surcharge income
Revenue from Contracts with Customers
Revenues	218	198	561	559
Investment services income
Revenue from Contracts with Customers
Revenues	2	44	86	213
Insurance commission and fees
Revenue from Contracts with Customers
Revenues	180	194	586	631
Loan servicing fees
Revenue from Contracts with Customers
Revenues	$ 54	$ 51	$ 125	$ 104

Fair Value Disclosures - Carryi

Fair Value Disclosures - Carrying amount and estimated fair value (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Financial assets:
Investment securities available-for-sale, at fair value	$ 23,132	$ 30,627
Debt Securities, Held-to-maturity, Fair Value	1,653	2,110
Equity securities, at fair value	594	2,579
Carrying Value
Financial assets:
Cash and cash equivalents	12,248	13,448
Investment securities available-for-sale, at fair value	23,132	30,627
Debt Securities, Held-to-maturity, Fair Value	1,616	2,078
Equity securities, at fair value	594	2,579
Loans receivable	290,747	259,620
Federal Home Loan Bank of New York stock	2,120	2,267
Accrued interest receivable	1,426	1,215
Financial liabilities:
Deposits	303,368	283,338
Long-term borrowings	30,064	31,448
Subordinated debt	1,235	735
Accrued interest payable	187	104
Fair Value
Financial assets:
Cash and cash equivalents	12,248	13,448
Investment securities available-for-sale, at fair value	23,132	30,627
Debt Securities, Held-to-maturity, Fair Value	1,653	2,110
Equity securities, at fair value	594	2,579
Loans receivable	292,289	262,929
Federal Home Loan Bank of New York stock	2,120	2,267
Accrued interest receivable	1,426	1,215
Financial liabilities:
Deposits	305,231	283,627
Long-term borrowings	31,848	32,874
Subordinated debt	1,235	735
Accrued interest payable	187	104
Level 1
Financial assets:
Cash and cash equivalents	12,248	13,448
Equity securities, at fair value	594	2,579
Accrued interest receivable	1,426	1,215
Financial liabilities:
Deposits	84,301	65,623
Accrued interest payable	187	104
Level 2
Financial assets:
Investment securities available-for-sale, at fair value	19,940	28,115
Debt Securities, Held-to-maturity, Fair Value	1,653	2,110
Federal Home Loan Bank of New York stock	2,120	2,267
Financial liabilities:
Long-term borrowings	31,848	32,874
Subordinated debt	1,235	735
Level 3
Financial assets:
Investment securities available-for-sale, at fair value	3,192	2,512
Loans receivable	292,289	262,929
Financial liabilities:
Deposits	$ 220,930	$ 218,004

Fair Value Disclosures - Fair v

Fair Value Disclosures - Fair value on a recurring basis (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Securities available-for-sale:
Debt investment securities	$ 23,132	$ 30,627
Equity securities:
Equity investment securities, at fair value	594	2,579
Residential mortgage-backed - US agency and GSEs
Securities available-for-sale:
Debt investment securities	42	50
Large cap equity mutual fund
Equity securities:
Equity investment securities, at fair value	33	31
Other mutual funds
Equity securities:
Equity investment securities, at fair value	561	2,548
Fair Value, Recurring [Member]
Equity securities:
Investments, Fair Value Disclosure, Total	23,726	33,206
Fair Value, Recurring [Member] | Residential mortgage-backed - US agency and GSEs
Securities available-for-sale:
Debt investment securities	42	50
Fair Value, Recurring [Member] | Municipal Bonds
Securities available-for-sale:
Debt investment securities	23,090	30,577
Fair Value, Recurring [Member] | Large cap equity mutual fund
Equity securities:
Equity investment securities, at fair value	33	31
Fair Value, Recurring [Member] | Other mutual funds
Equity securities:
Equity investment securities, at fair value	561	2,548
Level 1
Equity securities:
Equity investment securities, at fair value	594	2,579
Level 1 | Fair Value, Recurring [Member]
Equity securities:
Investments, Fair Value Disclosure, Total	594	2,579
Level 1 | Fair Value, Recurring [Member] | Large cap equity mutual fund
Equity securities:
Equity investment securities, at fair value	33	31
Level 1 | Fair Value, Recurring [Member] | Other mutual funds
Equity securities:
Equity investment securities, at fair value	561	2,548
Level 2
Securities available-for-sale:
Debt investment securities	19,940	28,115
Level 2 | Fair Value, Recurring [Member]
Equity securities:
Investments, Fair Value Disclosure, Total	19,940	28,115
Level 2 | Fair Value, Recurring [Member] | Residential mortgage-backed - US agency and GSEs
Securities available-for-sale:
Debt investment securities	42	50
Level 2 | Fair Value, Recurring [Member] | Municipal Bonds
Securities available-for-sale:
Debt investment securities	19,898	28,065
Level 3
Securities available-for-sale:
Debt investment securities	3,192	2,512
Level 3 | Fair Value, Recurring [Member]
Equity securities:
Investments, Fair Value Disclosure, Total	3,192	2,512
Level 3 | Fair Value, Recurring [Member] | Municipal Bonds
Securities available-for-sale:
Debt investment securities	$ 3,192	$ 2,512

Fair Value Disclosures - Change

Fair Value Disclosures - Changes in Level 3 assets measured at estimated fair value on a recurring basis (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Changes in Level 3 assets measured at estimated fair value on a recurring basis
Beginning balance	$ 2,512
Purchases	1,159	$ 2,528
Principal payments	(479)	(16)
Ending balance	$ 3,192	$ 2,512

Fair Value Disclosures - Summar

Fair Value Disclosures - Summarize assets measured at fair value on a nonrecurring basis (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Summarize assets measured at fair value on a nonrecurring basis
Impaired loans	$ 5,208	$ 7,412
Non - recurring
Summarize assets measured at fair value on a nonrecurring basis
Impaired loans	1,625	565
Foreclosed real estate & repossessed assets	8	70
Non - recurring | Level 3
Summarize assets measured at fair value on a nonrecurring basis
Impaired loans	1,625	565
Foreclosed real estate & repossessed assets	$ 8	$ 70

Fair Value Disclosures - Transf

Fair Value Disclosures - Transfers of assets in or out of any fair value measurement level (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Fair Value Disclosures
Transfers of assets, Level 1 to level 2	$ 0	$ 0	$ 0
Transfers of assets, Level 2 to level 1	0	0	0
Transfers of assets in or out of level 3	$ 0	$ 0	$ 0

Fair Value Disclosures - Quanti

Fair Value Disclosures - Quantitative information about Level 3 fair value measurements for assets (Details)	Sep. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Appraisal of collateral | Maximum | Appraisal Adjustments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Foreclosed real estate & repossessed assets	0.35	0.35	0.35
Appraisal of collateral | Maximum | Costs to Sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Foreclosed real estate & repossessed assets	0.15	0.15	0.15
Appraisal of collateral | Maximum | Changes in property condition
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Foreclosed real estate & repossessed assets	0.20	0.20	0.20
Appraisal of collateral | Maximum | Residential | 1-4 family residential | Appraisal Adjustments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	0.35	0.35	0.35
Appraisal of collateral | Maximum | Residential | 1-4 family residential | Costs to Sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	0.15	0.15	0.15
Appraisal of collateral | Maximum | Commercial | Commercial real estate | Appraisal Adjustments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	0.35	0.35	0.35
Appraisal of collateral | Maximum | Commercial | Commercial real estate | Costs to Sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	0.15	0.15	0.15
Appraisal of collateral | Maximum | Commercial | Commercial real estate | Changes in property condition
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	0.20	0.20	0.20
Appraisal of collateral | Minimum | Appraisal Adjustments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Foreclosed real estate & repossessed assets	0.05	0.05	0.05
Appraisal of collateral | Minimum | Costs to Sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Foreclosed real estate & repossessed assets	0.05	0.05	0.05
Appraisal of collateral | Minimum | Changes in property condition
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Foreclosed real estate & repossessed assets	0.10	0.10	0.10
Appraisal of collateral | Minimum | Residential | 1-4 family residential | Appraisal Adjustments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	0.05	0.05	0.05
Appraisal of collateral | Minimum | Residential | 1-4 family residential | Costs to Sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	0.05	0.05	0.05
Appraisal of collateral | Minimum | Commercial | Commercial real estate | Appraisal Adjustments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	0.05	0.05	0.05
Appraisal of collateral | Minimum | Commercial | Commercial real estate | Costs to Sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	0.05	0.05	0.05
Appraisal of collateral | Minimum | Commercial | Commercial real estate | Changes in property condition
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	0.10	0.10	0.10
Appraisal of collateral | Weighted Average | Appraisal Adjustments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Foreclosed real estate & repossessed assets	(0.25)	(0.25)	(0.25)
Appraisal of collateral | Weighted Average | Costs to Sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Foreclosed real estate & repossessed assets	(0.10)	(0.10)	(0.10)
Appraisal of collateral | Weighted Average | Changes in property condition
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Foreclosed real estate & repossessed assets	(0.15)	(0.15)	(0.15)
Appraisal of collateral | Weighted Average | Residential | 1-4 family residential | Appraisal Adjustments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	(0.20)	(0.20)	(0.20)
Appraisal of collateral | Weighted Average | Residential | 1-4 family residential | Costs to Sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	(0.10)	(0.10)	(0.10)
Appraisal of collateral | Weighted Average | Commercial | Commercial real estate | Appraisal Adjustments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	(0.25)	(0.25)	(0.25)
Appraisal of collateral | Weighted Average | Commercial | Commercial real estate | Costs to Sell
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	(0.10)	(0.10)	(0.10)
Appraisal of collateral | Weighted Average | Commercial | Commercial real estate | Changes in property condition
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	(0.15)	(0.15)	(0.15)
USDA Guarantee | Commercial and industrial | Other commercial and industrial | Government guaranteed portion
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	0.20	0.20	0.20
USDA Guarantee | Weighted Average | Commercial and industrial | Other commercial and industrial | Government guaranteed portion
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans	(0.20)	(0.20)	(0.20)

Segment Information (Details)

Segment Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)segment	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Segment Reporting Information [Line Items]
Number of Reportable Segments | segment			3
Net interest income	$ 2,665	$ 2,360	$ 7,749	$ 7,117
Provision for loan losses	150	90	330	270
Net interest income after provision for loan losses	2,515	2,270	7,419	6,847
Total noninterest income	1,145	1,032	2,675	2,767
Compensation and benefits	1,290	1,438	4,048	4,558
Other noninterest expense	(360)	(330)	(935)	(918)
(Loss) income before income taxes	663	173	1,146	84
Expense (Benefit) for income taxes	23		(201)
Net (loss) income	640	173	1,347	84
Total assets	367,690		367,690		$ 347,549
Operating segment
Segment Reporting Information [Line Items]
Net interest income	2,665	2,360	7,749	7,117
Provision for loan losses	150	90	330	270
Net interest income after provision for loan losses	2,515	2,270	7,419	6,847
Total noninterest income	1,161	1,032	2,675	2,767
Compensation and benefits	(1,290)	(1,439)	(4,047)	(4,558)
Other noninterest expense	(1,723)	(1,690)	(4,900)	(4,972)
(Loss) income before income taxes	663	173	1,147	84
Expense (Benefit) for income taxes	23		(201)
Net (loss) income	640	173	1,348	84
Total assets	415,632	365,810	415,632	365,810	416,102
Operating segment | Community Banking Activities
Segment Reporting Information [Line Items]
Net interest income	2,542	2,339	7,357	7,064
Provision for loan losses	150	90	330	270
Net interest income after provision for loan losses	2,392	2,249	7,027	6,794
Total noninterest income	499	838	1,604	2,132
Compensation and benefits	(1,180)	(1,312)	(3,704)	(4,188)
Other noninterest expense	(1,651)	(1,603)	(4,694)	(4,777)
(Loss) income before income taxes	60	172	233	(39)
Expense (Benefit) for income taxes	23		(201)
Net (loss) income	37	172	434	(39)
Total assets	364,098	351,078	364,098	351,078
Operating segment | Insurance Activities
Segment Reporting Information [Line Items]
Net interest income				8
Net interest income after provision for loan losses				8
Total noninterest income	182	194	591	635
Compensation and benefits	(92)	(108)	(287)	(332)
Other noninterest expense	(39)	(64)	(128)	(148)
(Loss) income before income taxes	51	22	176	163
Net (loss) income	51	22	176	163
Total assets	1,411	2,379	1,411	2,379
Operating segment | Municipal Banking Activities
Segment Reporting Information [Line Items]
Net interest income	123	21	392	45
Net interest income after provision for loan losses	123	21	392	45
Total noninterest income	480		480
Compensation and benefits	(18)	(19)	(56)	(38)
Other noninterest expense	(33)	(23)	(78)	(47)
(Loss) income before income taxes	552	(21)	738	(40)
Net (loss) income	552	(21)	738	(40)
Total assets	50,123	$ 12,353	50,123	$ 12,353
Elimination of intercompany balances
Segment Reporting Information [Line Items]
Total assets	$ (47,942)		$ (47,942)		$ (68,553)