XML 16 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Interest and dividend income:    
Loans, including fees $ 14,997 $ 13,076
Securities, taxable 1,711 2,102
Other 45 78
Total interest and dividend income 16,753 15,256
Interest expense:    
Interest-bearing deposits 3,691 2,893
Borrowed funds 542 468
Total interest expense 4,233 3,361
Net interest income 12,520 11,895
Provision for loan losses 0 0
Net interest income after provision for loan losses 12,520 11,895
Noninterest income:    
Service charges and other fees 875 867
Loan servicing 707 779
Net gain on sale of loans 707 772
Net gain on sale of securities 67  
Increase in cash surrender value of insurance 404 411
Gain on life insurance death benefit received 120  
Other 59 63
Total noninterest income 2,939 2,892
Noninterest expense:    
Salaries and employee benefits 9,505 8,648
Impairment loss on premises and equipment   1,095
Advertising and promotions 121 182
Data processing 744 1,031
Occupancy and equipment 1,646 1,635
FDIC assessment 388 253
Other 3,251 3,746
Total noninterest expense 15,655 16,590
Loss before income taxes (196) (1,803)
Credit for income taxes (177) (3,462)
Net income (loss) $ (19) $ 1,659