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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities:    
Net (Loss) Income $ (61) $ 295
Adjustments to Reconcile Net (Loss) Income to Net Cash (Used in) Provided by Operating Activities:    
Provision (Credit) for Loan Losses (9) (11)
Depreciation Expense 84 41
Amortization of FHLB Advance Prepayment Penalty 71 72
Provision for Deferred Income Taxes 254 54
Net Amortization of Premium/Discount on Mortgage-Backed Securities 25 14
(Gain) Loss on Sale of Investment Securities (6) 55
(Gain) on Sale of Premises and Equipment   (32)
Stock Dividend on Federal Home Loan Bank Stock (42) (35)
(Gain) on Sale of Other Real Estate   (23)
Non-cash Compensation for ESOP 56  
Net (Increase) Decrease in Loans Held-for-Sale (1,104) 61
Changes in Assets and Liabilities:    
Decrease in Accrued Interest Receivable 16 43
(Increase) in CSV of Life Insurance (94) (94)
(Increase) Decrease in Prepaid Expenses and Other Assets (21) 16
(Decrease) in Accrued Expenses and Other Liabilities (1,502) (111)
Net Cash (Used in) Provided by Operating Activities (2,333) 345
Cash Flows from Investing Activities:    
Net Decrease (Increase) in Loans 2,287 (1,734)
Proceeds from Maturities of Interest-Bearing Deposits 2,247 6,144
Purchases of Interest-Bearing Deposits (3,237) (5,947)
Purchases of Investment Securities (1,991) (1,964)
Proceeds from Sales, Calls and Principal Repayments of Investment Securities 2,541 2,289
Purchases of Premises and Equipment (21) (105)
Proceeds from Sale of Premises and Equipment   102
Proceeds from Sale of Other Real Estate   77
Net Cash Provided by (Used in) Investing Activities 1,826 (1,138)
Cash Flows from Financing Activities:    
Net Increase in Deposits 1,862 3,092
Proceeds from Stock Offering 13,116  
Loan to ESOP for Purchase of Stock (1,144)  
Advances from Federal Home Loan Bank 5,000 13,500
Payments on Advances from Federal Home Loan Bank (9,520) (13,559)
Net (Decrease) Increase in Advance Payments by Borrowers for Taxes and Insurance (22) 137
Net Cash Provided by Financing Activities 9,292 3,170
Net Increase in Cash and Cash Equivalents 8,785 2,377
Cash and Cash Equivalents at Beginning of Period 3,090 713
Cash and Cash Equivalents at End of Period 11,875 3,090
Cash Paid (Refunded) for:    
Interest 1,942 1,603
Income Taxes (10)  
Supplemental Schedule for Noncash Investing and Financing Activities:    
Change in the Unrealized Gain/Loss on Investment Securities $ (99) $ 9