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Consolidated Statements of Cash flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income $ 1,317 $ 449
Adjustments to reconcile net income to net cash from operating activities:    
Provision (credit) for loan losses 500 (1,032)
Depreciation 661 695
Net amortization of investment securities 232 264
Net loss (gain) on disposal of premises and equipment 33 (96)
Net change in marketable equity securities (614) (124)
Stock compensation expense 156  
Impairment of mortgage servicing rights 369  
Write-down of premises and equipment   90
Deferred income taxes 1,650 20
Net gain on sale of foreclosed assets   (103)
Net gain on sale of available for sale securities (1,023)  
Originations of mortgage loans held for sale (195,425) (112,070)
Proceeds from sales of mortgage loans held for sale 197,125 112,872
Net gain on sale of mortgage loans held for sale (3,499) (716)
ESOP compensation 67 71
Net change in cash value of life insurance (400) (399)
Gain on death benefit   (158)
Changes in operating assets and liabilities:    
Mortgage servicing rights (3) (69)
Accrued interest receivable and other assets (248) 1,339
Accrued interest payable and other liabilities 322 (87)
Net cash provided by operating activities 1,220 946
Cash Flows From Investing Activities    
Proceeds from sales of available for sale securities 19,515  
Maturities, prepayments, and calls of available for sale securities 55,217 10,308
Purchases of available for sale securities (59,857) (13,901)
Net (increase) decrease in loans (18,899) 60,054
Net proceeds from sales of premises and equipment   801
Capital expenditures for premises and equipment (288) (668)
Proceeds from life insurance policies 0 872
Net (increase) decrease in FHLB stock (2,119) 348
Proceeds from sale of foreclosed assets   237
Net cash (used in) provided by investing activities (6,431) 58,051
Cash Flows From Financing Activities    
Net increase (decrease) in deposits 35,252 (61,541)
Net increase in advance payments by borrowers for taxes and insurance 1,056 441
Proceeds from stock offering   20,029
Purchase of ESOP shares   (1,755)
Proceeds from the issuance of FHLB advances 52,000 10,000
Principal payments on FHLB advances (1,225) (22,387)
Purchase of common stock for treasury (1,053)  
Net cash provided by (used in) financing activities 86,030 (55,213)
Net increase in cash and cash equivalents 80,819 3,784
Cash and cash equivalents at beginning of year 11,707 7,923
Cash and cash equivalents at end of year 92,526 11,707
Supplemental cash flow information:    
Cash paid during the year for interest 3,242 4,920
Cash paid (received) during the year for income taxes (5) (209)
Noncash activities:    
Loans transferred to loans held for sale 124 29,360
Loans transferred to foreclosed assets   134
Bank premises transferred to other assets held for sale   $ 660
1895 Bancorp of Wisconsin, Inc. common stock held by PyraMax Bank reclassified to treasury stock $ 175