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

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Schedule of assets measured at fair value on a recurring basis

(In Thousands)
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	$	-

2015	Total		Level 1		Level 2		Level 3
U.S. Government and agency obligations	$	5,968	$	-	$	5,968	$	-
Mortgage-backed securities - residential		14,000		-		14,000		-
Total Available-for-Sale Securities	$	19,968	$	-	$	19,968	$	-

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

			2016				2015
	Fair Value Hierarchy		Carrying Amount		Fair Value		Carrying Amount		Fair Value
			(In Thousands)
Financial assets:
Cash and due from banks		1	$	1,634	$	1,634	$	1,550	$	1,550
Interest bearing demand deposits		1		5,773		5,773		4,597		4,597
Securities available for sale		2		17,747		17,747		19,968		19,968
Securities held to maturity		2		7,420		7,384		12,979		13,222
Investment in FHLB stock		2		2,886		2,886		2,388		2,388
Loans held for sale		2		2,059		2,059		3,880		3,880
Loans, net		3		226,192		225,569		201,830		201,886
Accrued interest receivable		1		652		652		655		655
Financial liabilities:
Deposits		1/2		182,934		182,969		185,561		185,332
Borrowings		2		56,813		57,008		46,092		46,447
Accrued interest payable		1		71		71		60		60