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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest income:        
Loans $ 1,054 $ 967 $ 2,074 $ 1,854
Securities 124 145 251 307
Other 27 20 50 38
Total interest income 1,205 1,132 2,375 2,199
Interest expense:        
Deposits 186 162 368 316
Borrowings 95 59 170 116
Total interest expense 281 221 538 432
Net interest income 924 911 1,837 1,767
Net interest income after provision for loan losses 924 911 1,837 1,767
Noninterest income:        
Service charges and fees 22 14 41 30
Gain on sale of securities available for sale 17   45 32
Other 7 86 7 138
Total noninterest income 46 100 93 200
Noninterest expenses:        
Salaries and employee benefits 487 475 955 941
Occupancy and equipment 108 122 235 247
Data processing 86 68 173 140
Professional fees 170 151 329 252
Insurance 25 29 52 59
Foreclosed real estate, net 8 27 36 46
Regulatory assessment 74 78 147 147
Other 66 55 334 311
Total noninterest expenses 1,024 1,005 2,261 2,143
Net (loss) earnings $ (54) $ 6 $ (331) $ (176)
Net (loss) earnings per share:        
Basic and diluted $ (0.05) $ 0.01 $ (0.33) $ (0.19)