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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Interest and dividend income:    
Loans, including fees $ 9,192 $ 7,817
Securities    
Taxable 1,290 943
Tax-exempt 49 142
Other 78 93
Total interest and dividend income 10,609 8,995
Interest expense:    
Interest-bearing deposits 1,677 1,314
Borrowed funds 432 240
Total interest expense 2,109 1,554
Net interest income 8,500 7,441
Provision for loan losses 513 419
Net interest income after provision for loan losses 7,987 7,022
Noninterest income:    
Service charges and other fees 371 279
Net gain on sale of loans 244 266
Net gain (loss) on sale of securities (204) 20
Increase in cash surrender value of insurance 194 196
Other noninterest income 95 130
Total noninterest income 700 891
Noninterest expense:    
Salaries and employee benefits 4,248 3,960
Occupancy and equipment 1,002 1,109
Data processing 719 605
Foreclosed assets, net 36 27
Professional fees 508 506
Other 798 1,628
Total noninterest expense 7,311 7,835
Income before income taxes 1,376 78
Provision for income taxes 318 264
Net income (loss) $ 1,058 $ (186) [1]
Basic earnings (loss) per share (in dollars per share) $ 0.17 $ (0.03) [1]
Diluted earnings (loss) per share (in dollars per share) $ 0.17 $ (0.03) [1]
[1] Loss per shares for the year ended December 31, 2017, includes income attributed to the period prior to the initial public offering for the common shares issued.