Holding Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheet

Condensed Balance Sheets

	At December 31,
	2016		2015
Assets
Cash	$	164	$	13
Investment in subsidiary		9,245		9,036
Other assets		180		180
Total assets	$	9,589	$	9,229
Liabilities and Stockholders’ Equity
Other liabilities	$	1,353	$	1,107
Junior subordinated debenture		5,155		5,155
Stockholders’ equity		3,081		2,967
Total liabilities and stockholders’ equity	$	9,589	$	9,229

Condensed Statements of Income and Comprehensive Income

Condensed Statements of Operations

	Year Ended December 31,
	2016			2015
Earnings of subsidiary	$	302		$	532
Interest expense		(193	)		(162	)
Other expense		(505	)		(533	)
Net loss	$	(396	)	$	(163	)

Condensed Statements of Cash Flows

Condensed Statements of Cash Flows

	Year Ended December 31,
	2016			2015
Cash flows from operating activities:
Net loss	$	(396	)	$	(163	)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock compensation to directors		46			242
Stock compensation for services		128			—
Equity in undistributed earnings of subsidiary		(302	)		(532	)
Increase in other liabilities		246			307
Net cash used in operating activities		(278	)		(146	)
Cash flow from investing activities-
Investment in subsidiary		(21	)		(42	)
Cash flow from financing activities:
Proceeds from sale of common stock, net		375			30
Proceeds from sale of preferred stock		75			100
Net cash provided by financing activities		450			130
Net increase (decrease) in cash		151			(58	)
Cash at beginning of the year		13			71
Cash at end of year	$	164		$	13
Noncash transaction-
Change in accumulated other comprehensive loss of subsidiary, net change in unrealized loss on securities available for sale	$	(114	)	$	(221	)