Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of provision for income tax

(Dollars in thousands)	2019		2018
Current Tax Provision	$	106	$	86
Deferred Tax Expense (Benefit)		(25)		15
Provision	$	81	$	101

Schedule of provision for federal income taxes differs from federal statutory rates to income before federal income tax expense

(Dollars in thousands)	2019				2018
Federal Statutory Income Tax	$	92	21.0	%	$	109	21.0	%
Tax Exempt Income		(11)	-2.5	%		(11)	-2.1	%
Other - Net		—	—	%		3	0.6	%
	$	81	18.6	%	$	101	19.5	%

Schedule of deferred tax assets and liabilities

(Dollars in thousands)	2019		2018
Deferred Tax Assets:
Allowance for Loan Losses	$	161	$	161
Deferred Loan Fees and Costs, net		25		27
Deferred Compensation		195		165
Net Unrealized Losses on Securities		—		8
		381		361
Deferred Tax Liabilities:
Tax over Book Depreciation		174		199
Dividends on FHLB Stock		36		31
Mortgage Servicing Rights		96		78
Net Unrealized Gains on Securities		6		—
		312		308
Valuation Allowance		—		—
Net Deferred Tax Asset	$	69	$	53