Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Taxes [Abstract]

Schedule of Components of Income Tax Expense

	2015		2014
	(In thousands)
Taxes currently payable	$	270	$	902
Deferred income taxes		143		(65)
Income tax expense	$	413	$	837

Schedule of Reconciliation of Income Tax Expense

	2015		2014
	(In thousands)
Computed at the statutory rate (34%)	$	668	$	1,179
Increase (decrease) resulting from
Tax-exempt interest		(223)		(277)
Earnings on bank-owned life insurance		(100)		(82)
Other		68		17
Actual tax expense	$	413	$	837

Schedule of Deferred Tax Assets and Liabilities

	2015		2014
	(In thousands)
Deferred tax assets
Deferred loan origination fees	$	260	$	232
Allowance for loan losses		965		941
Real estate owned valuation		2		—
Pension adjustment		368		405
Reserve for uncollected interest		182		175
Benefit plan expenses		97		178
AMT credit carryover and low income housing credit		12		—
Total deferred tax assets		1,886		1,931
Deferred tax liabilities
Prepaid pension		(221)		(190)
Federal Home Loan Bank stock dividends		(1,023)		(1,023)
Book/tax depreciation differences		(560)		(517)
Financed loan fees		(129)		(117)
Unrealized gains on securities available-for-sale		(264)		(644)
Mortgage servicing rights		(125)		(113)
Total deferred tax liabilities		(2,322)		(2,604)
Net deferred tax liability	$	(436)	$	(673)