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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest and dividend income:        
Loans, including fees $ 3,871 $ 3,686 $ 7,859 $ 7,087
Securities, taxable 400 411 792 905
Other 91 10 156 21
Total interest and dividend income 4,362 4,107 8,807 8,013
Interest expense:        
Interest-bearing deposits 1,274 876 2,454 1,671
Borrowed funds 62 133 185 277
Total interest expense 1,336 1,009 2,639 1,948
Net interest income 3,026 3,098 6,168 6,065
Provision for loan losses 0 0 0 0
Net interest income after provision for loan losses 3,026 3,098 6,168 6,065
Noninterest income:        
Service charges and other fees 223 224 409 415
Loan servicing 366 188 588 332
Net gain (loss) on sale of loans (214) 217 (90) 437
Net gain on sale of securities   46   67
Increase in cash surrender value of insurance 101 100 201 199
Death benefit gain 158   158  
Other 18 22 136 33
Total noninterest income 652 797 1,402 1,483
Noninterest expense:        
Salaries and employee benefits 2,303 2,862 4,730 4,949
Foreclosed assets, net 8   15 1
Advertising and promotions 44 41 100 53
Data processing 197 153 403 359
Occupancy and equipment 419 404 877 823
FDIC assessment 46 85 139 163
Other 763 1,010 2,088 1,717
Total noninterest expense 3,780 4,555 8,352 8,065
Loss before income taxes (102) (660) (782) (517)
Income tax benefit (93) (207) (302) (194)
Net loss $ (9) $ (453) $ (480) $ (323)
Earnings per common share        
Basic $ 0.00   $ (0.10)  
Diluted $ 0.00   $ (0.10)  
Average common shares outstanding        
Basic 4,701   4,701  
Diluted 4,701   4,701