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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 1,585,000 $ 675,000
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for loan losses 254,000 171,000
Loans originated for sale (94,286,000) (83,436,000)
Loans sold 91,512,000 78,614,000
Gain on sale of mortgage loans, net (1,773,000) (1,078,000)
Gain on sale of portfolio loans, net   (328,000)
Amortization of deferred loan costs 515,000 355,000
Loss on foreclosed real estate 14,000 69,000
Loss on real estate held for sale 11,000  
Impairment loss on real estate held for sale   195,000
Depreciation and amortization expense 650,000 646,000
Bank-owned life insurance income (64,000) (68,000)
Deferred income tax expense (benefit) 333,000 156,000
ESOP expense 99,000 88,000
Stock-based compensation 54,000  
Net change in:    
Accrued interest receivable (116,000) (6,000)
Other, net (323,000) (1,003,000)
Net cash used in operating activities (1,535,000) (4,950,000)
Cash flows from investing activities:    
Purchase of and increase in certificates of deposit (15,000) (3,038,000)
Maturities of certificates of deposit 3,043,000  
Purchase of FHLB stock (1,317,000)  
Proceeds from redemption of FHLB stock 100,000  
Loan originations, net of principal payments (29,200,000) (13,847,000)
Purchase of loans from third party originations (9,068,000) (17,697,000)
Proceeds from portfolio loans sold   4,554,000
Proceeds from the sale of real estate held for sale 3,294,000  
Proceeds from sale of foreclosed real estate   873,000
Purchases of premises and equipment (511,000) (414,000)
Net cash used by investing activities (33,674,000) (29,569,000)
Cash flows from financing activities:    
Net increase in deposits 13,337,000 23,140,000
Net change in short-term borrowed funds 23,350,000 10,500,000
Repayments of long-term borrowed funds   (1,300,000)
Repurchase of common stock (4,616,000) (532,000)
Net cash provided (used) by financing activities 32,071,000 31,808,000
Net change in cash and cash equivalents (3,138,000) (2,711,000)
Cash and cash equivalents at beginning of period 18,322,000 14,582,000
Cash and cash equivalents at end of period 15,184,000 11,871,000
Supplemental cash flow information:    
Interest paid on deposits 984,000 1,070,000
Interest paid on borrowed funds 278,000 65,000
Income taxes paid 1,465,000 $ 180,000
Supplemental non-cash Transactions    
Loans transferred to foreclosed real estate $ 211,000