Fair Value (Tables)

6 Months Ended

Jun. 30, 2019

Fair Value Disclosures [Abstract]

Schedule of assets carried at fair value on a recurring basis

			Quoted Prices
			in Active		Significant		Significant
			Markets for		Observable		Unobservable
			Identical Assets		Inputs		Inputs
	Balance		(Level 1)		(Level 2)		(Level 3)
	June 30, 2019
	(unaudited)
U.S. Treasury securities	$	-	$	-	$	-	$	-
U.S. government agency mortgage-backed securities-residential		89,713		-		89,713		-
U.S. government agency securities		19,847		-		19,847		-
Municipal securities		1,247		-		1,247		-
Other		591		-		591		-
Total	$	111,398	$	-	$	111,398	$	-
	December 31, 2018
U.S. Treasury securities	$	2,971	$	2,971	$	-	$	-
U.S. government agency mortgage-backed securities-residential		80,216		-		80,216		-
U.S. government agency securities		16,468		-		16,468		-
Municipal securities		1,232		-		1,232		-
		425		-		425		-
Total	$	101,312		2,971	$	98,341	$	-

Schedule of assets carried at fair value and measured at fair value on a nonrecurring basis

			Quoted Prices
			in Active		Significant		Significant
			Markets for		Observable		Unobservable
			Identical Assets		Inputs		Inputs
	Balance		(Level 1)		(Level 2)		(Level 3)
	June 30, 2019
	(unaudited)
Impaired loans, with specific reserves	$	196	$	-	$	-	$	196
Other real estate owned		-		-		-		-
Total	$	196	$	-	$	-	$	196
	December 31, 2018
Impaired loans, with specific reserves	$	128	$	-	$	-	$	128
Other real estate owned		935		-		-		935
Total	$	1,063	$	-	$	-	$	1,063

Schedule of additional quantitative information about assets measured at fair value on a nonrecurring basis

		Quantitative Information About Level 3 Fair Value Measurements
		Fair Value		Valuation	Unobservable	Range
		Estimate		Techniques	Input	(Weighted Average)
		June 30, 2019
	(unaudited)
Impaired loans		$	196	Appraisal of collateral(1)	Appraisal adjustments(2)	0% to 20%
Other real estate owned			0	Appraisal of collateral(1)	Liquidation expenses(3)	0% to 6%
					Appraisal adjustments(2)	0% to 20%
		December 31, 2018
Impaired loans		$	128	Appraisal of collateral(1)	Appraisal adjustments(2)	0% to 20%
Other real estate owned			935	Appraisal of collateral(1)	Liquidation expenses(3)	0% to 6%
					Appraisal adjustments(2)	0% to 20%

(1) Fair value is generally through independent appraisals of the underlying collateral that generally include various level 3 inputs which are not identifiable.

(2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses and other appraisal adjustments are presented as a percent of the appraised value.

(3) Estimated costs to sell.

Schedule of carrying value and fair values of the financial instruments

	June 30,				December 31,
	2019				2018
	(unaudited)
	Carrying Value		Fair Value		Carrying Value		Fair Value
Financial Assets:
Cash and due from banks   (Level 2)	$	11,969	$	11,969	$	50,590	$	50,590
Available for sale securities (Level 2)		111,398		111,398		101,312		101,312
FHLB stock (Level 2)		3,355		3,355		1,883		1,883
Loans, net (Level 3)		737,293		737,182		678,402		674,287
Accrued interest receivable (Level 2)		2,874		2,874		2,523		2,523
Mortgage servicing rights (Level 3)		2,203		4,138		2,278		4,667
Financial Liabilities:
Deposits (Level 2)		716,858		700,242		684,418		683,163
Mortgagors escrow accounts (Level 2)		10,400		10,400		7,725		7,725
FHLB advances (Level 2)		64,541		64,541		31,598		31,598
Subordinated debt and other borrowings (Level 2)		5,155		5,155		10,155		10,155