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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Summary of Selected Quarterly Financial Data

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

 

(Dollars in thousands, except per share data)

 

Interest and dividend income

$

3,155

 

 

$

2,971

 

 

$

3,260

 

 

$

3,072

 

 

$

3,876

 

 

$

3,265

 

 

$

3,923

 

 

$

3,174

 

Interest expense

 

375

 

 

 

316

 

 

 

388

 

 

 

328

 

 

 

455

 

 

 

344

 

 

 

388

 

 

 

368

 

Net interest and dividend income

 

2,780

 

 

 

2,655

 

 

 

2,872

 

 

 

2,744

 

 

 

3,421

 

 

 

2,921

 

 

 

3,535

 

 

 

2,806

 

Provision (credit) for loan losses

 

62

 

 

 

 

 

 

 

 

 

125

 

 

 

(160

)

 

 

(153

)

 

 

200

 

 

 

(109

)

Gain on sales of mortgage loans

 

681

 

 

 

582

 

 

 

1,058

 

 

 

608

 

 

 

5,401

 

 

 

755

 

 

 

3,241

 

 

 

622

 

Other non-interest income

 

622

 

 

 

463

 

 

 

1,028

 

 

 

526

 

 

 

1,959

 

 

 

695

 

 

 

1,041

 

 

 

820

 

Total non-interest income

 

1,303

 

 

 

1,045

 

 

 

2,086

 

 

 

1,134

 

 

 

7,360

 

 

 

1,450

 

 

 

4,282

 

 

 

1,442

 

Merger and integration costs

 

117

 

 

 

 

 

 

33

 

 

 

 

 

 

514

 

 

 

517

 

 

 

316

 

 

 

94

 

Other non-interest expense

 

3,899

 

 

 

3,987

 

 

 

4,207

 

 

 

4,122

 

 

 

10,138

 

 

 

4,369

 

 

 

7,837

 

 

 

4,107

 

Total non-interest expense

 

4,016

 

 

 

3,987

 

 

 

4,240

 

 

 

4,122

 

 

 

10,652

 

 

 

4,886

 

 

 

8,153

 

 

 

4,201

 

Provision (benefit) for income

   taxes

 

3

 

 

 

(3

)

 

 

 

 

 

(1

)

 

 

 

 

 

(1

)

 

 

10

 

 

 

(103

)

Net income (loss)

$

2

 

 

$

(284

)

 

$

718

 

 

$

(368

)

 

$

289

 

 

$

(361

)

 

$

(546

)

 

$

259

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted earnings (loss)

   per share

N/A

 

 

N/A

 

 

N/A

 

 

N/A

 

 

$

0.05

 

 

N/A

 

 

$

(0.10

)

 

N/A

 

Weighted average common shares

   (basic and diluted)

N/A

 

 

N/A

 

 

N/A

 

 

N/A

 

 

 

5,403,923

 

 

N/A

 

 

 

5,413,313

 

 

N/A