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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
ASSETS:    
Cash and due from banks $ 1,506 $ 1,550
Interest earning demand deposits 23,647 4,597
Total cash and cash equivalents 25,153 6,147
Available-for-sale securities, at fair value 18,746 19,968
Held-to-maturity securities, at amortized cost (fair value of $8,029 and $13,222, respectively) 7,806 12,979
Investment in Federal Home Loan Bank stock, at cost 2,320 2,388
Loans held for sale 6,477 3,880
Loans 210,638 202,641
Less: Allowance for loan losses (900) (811)
Loans receivable, net 209,738 201,830
Bank owned life insurance 3,662 3,629
Accrued interest receivable 626 655
Premises and equipment, net 2,950 2,744
Other assets 2,436 1,587
Total assets 279,914 255,807
Deposits:    
Non-interest bearing 32,947 6,974
Interest bearing 178,886 178,587
Total deposits 211,833 185,561
Long-term borrowings 44,241 46,092
Official bank checks 229 1,114
Other liabilities 1,400 1,280
Total liabilities 257,703 234,047
Stockholders' equity:    
Preferred stock - no par value; 1,000,000 shares authorized, no shares issued and outstanding
Common stock, par value $0.10; 10,000,000 authorized shares; 1,785,000 issued; 1,779,472 shares outstanding 179 179
Paid-in capital 7,243 7,239
Retained earnings 15,172 14,985
Accumulated other comprehensive income (loss) 30 (212)
Treasury stock at cost, 5,528 shares (46) (46)
Unearned ESOP shares, at cost (367) (385)
Total stockholders' equity 22,211 21,760
Total liabilities and stockholders' equity $ 279,914 $ 255,807