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STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest Income:    
Loans Receivable $ 879 $ 844
Investment Securities 37 28
Interest-Bearing Deposits 17 10
Total Interest Income 933 882
Interest Expense:    
Deposits 282 186
Advances from Federal Home Loan Bank 185 171
Total Interest Expense 467 357
Net Interest Income 466 525
Provision (Credit) for Loan Losses (9) (11)
Net Interest Income After Provision (Credit) for Loan Losses 475 536
Non-Interest Income:    
Service Charges and Other Income 24 29
Fees on Loans Sold 63 17
Income from Life Insurance 23 31
Total Non-Interest Income 110 77
Non-Interest Expenses:    
Salaries and Employee Benefits 335 350
Occupancy Expense 60 48
SAIF Deposit Insurance Premium and Examination Fees 19 20
Data Processing 29 27
Accounting and Consulting 28 28
Other Real Estate Expense   1
Insurance 18 16
Other 48 54
Total Non-Interest Expenses 537 544
Income Before Income Tax Expense 48 69
Income Tax Expense 5 11
Net Income $ 43 $ 58