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Consolidated Statements of Cash Flows (Restated) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
OPERATING ACTIVITIES    
Net income (loss) [1] $ 74 $ (5)
Adjustments to reconcile net income to net cash flows from operating activities:    
Net amortization of premiums and accretion of discounts on investments [1] 21 35
Gain on sale of loans [1] (348) (326)
Proceeds from loans sold [1] 19,263 11,567
Loans originated for sale [1] (18,389) (13,116)
Amortization of net deferred loan origination costs [1] 357 276
Depreciation and amortization [1] 113 120
Provision for loan losses [1] 75 52
Expense related to ESOP [1] 23 13
Deferred income tax benefit [1] (2) (38)
Earnings on investment in bank owned life insurance [1] (15) (15)
Decrease (Increase) in accrued interest receivable [1] 15 (53)
Increase in other assets [1] (182) (168)
Decrease in other liabilities [1] (16) (418)
Net cash flows from operating activities [1] 989 (2,076)
INVESTING ACTIVITIES    
Purchases of securities available-for-sale [1]   (1,500)
Proceeds from principal paydowns on securities available-for-sale [1] 390 873
Proceeds from principal paydowns on securities held-to-maturity [1] 163 82
Net increase in loans [1] (4,262) (9,923)
Purchase of restricted stock, net [1] (4) (483)
Purchase of premises and equipment [1] (24) (171)
Net cash flows from investing activities [1] (3,737) (11,122)
FINANCING ACTIVITIES    
Net increase in deposits [1] 66 3,750
Proceeds from long-term borrowings [1] 7,000 5,501
Repayments on long-term borrowings [1] (5,412) (4,053)
Proceeds from (repayments on) short-term borrowings, net [1] (1,500) 7,500
Stock based compensation [1] 76  
Net (decrease) increase in official bank checks [1] (175) 275
Net cash flows from financing activities [1] 55 12,973
Change in cash and cash equivalents [1] (2,693) (225)
Cash and cash equivalents at beginning of period [1] 10,397 7,407
Cash and cash equivalents at end of period [1] 7,704 7,182
CASH PAID DURING THE PERIOD FOR:    
Interest [1] 805 584
Income taxes [1] $ 0 $ 0
[1] Restated