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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest income:        
Loans $ 955 $ 1,054 $ 1,999 $ 2,074
Securities 101 124 210 251
Other 58 27 97 50
Total interest income 1,114 1,205 2,306 2,375
Interest expense:        
Deposits 176 186 356 368
Borrowings 137 95 237 170
Total interest expense 313 281 593 538
Net interest income 801 924 1,713 1,837
Provision for loan losses
Net interest income after provision for loan losses 801 924 1,713 1,837
Noninterest income:        
Service charges and fees 5 22 11 41
Gain on sale of securities available for sale 17 45
Other 3 7 5 7
Total noninterest income 8 46 16 93
Noninterest expenses:        
Salaries and employee benefits 436 487 878 955
Occupancy and equipment 102 108 202 235
Data processing 86 86 166 173
Professional fees 177 170 392 329
Insurance 24 25 47 52
Foreclosed real estate, net 8 36
Regulatory assessment 51 74 102 147
Other 101 66 394 334
Total noninterest expenses 977 1,024 2,181 2,261
Net Lloss $ (168) $ (54) $ (452) $ (331)
Net Loss per share-        
Basic and diluted $ (0.16) $ (0.06) $ (0.41) $ (0.33)