Fair Value Measurement and Fair Values of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Schedule of assets measured at fair value on a recurring basis

(In Thousands)
2017	Total		Level 1		Level 2		Level 3
U.S. Government and agency obligations	$	10,470	$	-	$	10,470	$	-
Mortgage-backed securities - residential		7,843		-		7,843		-
Total Available-for-Sale Securities	$	18,313	$	-	$	18,313	$	-

2016	Total		Level 1		Level 2		Level 3
U.S. Government and agency obligations	$	7,999	$	-	$	7,999	$	-
Mortgage-backed securities - residential		9,748		-		9,748		-
Total Available-for-Sale Securities	$	17,747	$	-	$	17,747	$	-

Schedule of carrying amounts and estimated fair values of the financial instruments

		2017				2016
	Fair Value Hierarchy	Carrying Amount		Fair Value		Carrying Amount		Fair Value
		(In Thousands)
Financial assets:
Cash and due from banks	1	$	1,672	$	1,672	$	1,634	$	1,634
Interest bearing demand deposits	1		8,725		8,725		5,773		5,773
Securities available for sale	2		18,313		18,313		17,747		17,747
Securities held to maturity	2		6,575		6,588		7,420		7,384
Investment in restricted stock	2		3,270		3,270		2,886		2,886
Loans held for sale	2		2,770		2,770		2,059		2,059
Loans, net	3		262,711		261,588		226,192		225,569
Accrued interest receivable	1		824		824		652		652
Financial liabilities:
Deposits	1/2		216,691		216,878		182,934		182,969
Borrowings	2		64,447		64,502		56,813		57,008
Accrued interest payable	1		94		94		71		71