XML 12 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets (Restated) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS:    
Cash and due from banks [1] $ 1,484 $ 1,672
Interest earning demand deposits [1] 6,220 8,725
Total cash and cash equivalents [1] 7,704 10,397
Available-for-sale securities, at fair value [1] 17,792 18,313
Held-to-maturity securities, at amortized cost (fair value of $6,356 and $6,588, respectively) [1] 6,404 6,575
Investment in restricted stock, at cost [1] 3,274 3,270
Loans held for sale [1] 2,244 2,770
Loans [1] 267,877 263,972
Less: Allowance for loan losses (1,336) (1,261)
Loans receivable, net [1] 266,541 262,711
Bank owned life insurance [1] 3,773 3,758
Accrued interest receivable [1] 809 824
Premises and equipment, net [1] 2,975 3,064
Other assets [1] 2,884 2,700
Total assets [1] 314,400 314,382
Deposits:    
Non-interest bearing [1] 8,146 8,385
Interest bearing [1] 208,611 208,306
Total deposits [1] 216,757 216,691
Short-term borrowings [1] 11,500 13,000
Long-term borrowings [1] 53,035 51,447
Official bank checks [1] 754 929
Other liabilities [1] 1,217 1,259
Total liabilities [1] 283,263 283,326
Stockholders' equity:    
Preferred stock - par value $0.01; 25,000,000 shares authorized, no shares issued and outstanding [1]
Common stock, par value $0.01; 50,000,000 authorized shares; 1,941,253 and 1,934,853 shares issued and outstanding, respectively [1] 19 19
Paid-in capital [1] 15,531 15,441
Retained earnings [1] 16,151 16,077
Accumulated other comprehensive loss (257) (165)
Unearned ESOP shares, at cost [1] (307) (316)
Total stockholders' equity [1] 31,137 31,056
Total liabilities and stockholders' equity [1] $ 314,400 $ 314,382
[1] Restated