Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Measurements

Schedule of assets and liabilities measured at fair value on a recurring basis

	Fair Value Measurements Using
	Quoted Prices In Active Markets For Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	(Level 1)		(Level 2)		(Level 3)
December 31, 2018
Assets
Available-for-sale securities
Mortgage-backed securities – agency	$	—	$	26,675	$	—
CMO’s – agency		—		119,023		—
Total	$	—	$	145,698	$	—
December 31, 2017
Assets
Available-for-sale securities
Mortgage-backed securities – agency	$	—	$	19,803	$	—
CMO’s – agency		—		108,955		—
Total	$	—	$	128,758	$	—

Schedule of carrying amounts and fair values of financial instruments

	Fair Value Measurement at December 31, 2018, Using:
	Carrying
	Value		(Level 1)		(Level 2)		(Level 3)		Total
Financial Assets:
Cash and cash equivalents	$	30,562	$	659	$	29,903	$	—	$	30,562
Securities available-for-sale		145,698		—		145,698		—		145,698
Securities, restricted, at cost		2,583		N/A		N/A		N/A		N/A
Loans, net		462,472		—		—		464,144		464,144
Accrued interest receivable		3,855		—		368		3,487		3,855
Financial Liabilities:
Time deposits		20,417		—		20,377		—		20,377
Demand and other deposits		548,004		548,004		—		—		548,004
Secured borrowings		89		—		89		—		89
Accrued interest payable		15		—		15		—		15

	Fair Value Measurement at December 31, 2017, Using:
	Carrying
	Value		(Level 1)		(Level 2)		(Level 3)		Total
Financial Assets:
Cash and cash equivalents	$	43,077	$	471	$	42,606	$	—	$	43,077
Securities available-for-sale		128,758		—		128,758		—		128,758
Securities, restricted, at cost		2,183		N/A		N/A		N/A		N/A
Loans, net		344,714		—		—		345,540		345,540
Accrued interest receivable		2,836		—		300		2,536		2,836
Financial Liabilities:
Time deposits		26,932		—		26,847		—		26,847
Demand and other deposits		421,562		421,562		—		—		421,562
Secured borrowings		278		—		278		—		278
Accrued interest payable		6		—		6		—		6