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Consolidated Statements of Income (Restated) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest and dividend income:    
Loans, including fees [1] $ 2,826 $ 2,354
Securities:    
Taxable [1] 94 69
Tax-exempt [1] 26 29
Mortgage-backed securities [1] 40 30
Other [1] 10 4
Total interest and dividend income [1] 2,996 2,486
Interest expense:    
Interest on deposits [1] 563 371
Interest on short-term borrowings [1] 47 17
Interest on long-term borrowings [1] 234 203
Total interest expense [1] 844 591
Net interest income [1] 2,152 1,895
Provision for loan losses [1] 75 52
Net interest income after provision for loan losses [1] 2,077 1,843
Other income:    
Service fees [1] 32 40
Fee income [1] 39 35
Increase in cash surrender value of bank owned life insurance [1] 15 15
Realized gain on sale of loans [1] 348 326
Mortgage fee income [1] 174 172
Other [1] 60 48
Total other income [1] 668 636
Other expense:    
Salaries and employee benefits [1] 1,627 1,524
Occupancy [1] 281 269
Data processing costs [1] 101 81
Advertising [1] 33 43
Equipment [1] 143 143
Electronic banking [1] 31 7
Directors' fees [1] 58 72
Mortgage fees and taxes [1] 52 48
FDIC premium expense [1] 26 26
Audits and tax services [1] 49 52
Other [1] 252 255
Total other expenses [1] 2,653 2,520
Income (loss) before income taxes [1] 92 (41)
Provision (benefit) for income taxes [1] 18 (36)
Net income (loss) [1] $ 74 $ (5)
Earnings per common share - basic and diluted (in dollars per share) [1] $ 0.04 $ 0.00
[1] Restated