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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income (loss) $ (447,000) $ 2,000
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Provision for loan losses 235,000 62,000
Loans originated for sale (89,440,000) (26,832,000)
Principal balance of loans sold 99,969,000 25,166,000
Net amortization of securities 70,000 40,000
Net change in deferred loan costs and fees (38,000) 34,000
Gain on sales/calls of securities   (62,000)
Depreciation and amortization 135,000 143,000
ESOP expense 72,000  
Increase in cash surrender value of life insurance (38,000) (56,000)
Net increase in mortgage servicing rights (392,000) (86,000)
Other, net (827,000) 535,000
Net cash provided by (used in) operating activities 9,299,000 (1,054,000)
Cash flows from investing activities:    
Redemption of certificates of deposit 490,000  
Securities available for sale:    
Calls/maturities 135,000 3,365,000
Purchases   (2,000,000)
Principal payments on mortgage-backed securities 1,039,000 947,000
Loan originations, net of principal repayments (9,779,000) (6,803,000)
Loans purchased, net of principal repayments (10,390,000) (836,000)
Redemption of Federal Home Loan Bank stock 277,000 427,000
Proceeds from sale of building   1,231,000
Purchases of premises and equipment (374,000) (510,000)
Net cash used in investing activities (18,602,000) (4,179,000)
Cash flows from financing activities:    
Net increase in deposits 10,918,000 11,590,000
Net increase (decrease) in short-term Federal Home Loan Bank borrowings (8,016,000) 4,179,000
Proceeds from long-term Federal Home Loan Bank advances   3,906,000
Repayments of long-term Federal Home Loan Bank advances (164,000) (13,555,000)
Net increase in mortgagors' escrow accounts 132,000 5,000
Stock offering costs   (223,000)
Net cash provided by financing activities 2,870,000 5,902,000
Net change in cash and cash equivalents (6,433,000) 669,000
Cash and cash equivalents at beginning of period 14,849,000 4,646,000
Cash and cash equivalents at end of period 8,416,000 5,315,000
Supplemental cash flow information:    
Interest paid on deposits and borrowed funds 404,000 $ 374,000
Income taxes paid $ 3,000