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Employee Benefit Plans
12 Months Ended
Dec. 31, 2014
Employee Benefit Plans [Abstract]  
Employee Benefit Plans
Note 10 – Employee Benefit Plans

The Bank has a 401(k) Retirement Savings Plan.  Employees may contribute a percentage of their salary up to the maximum amount allowed by law. The Bank is obligated to contribute 50% of the employee's contribution, not to exceed 6% of the employee's annual salary. All employees who have completed one year of service with the Bank are eligible to participate. The Bank's contributions to this plan were $198,000, and $175,000 for the years ended December 31, 2014 and 2013, respectively.

The Bank has an Employee Stock Ownership Plan ("ESOP") for the exclusive benefit of participating employees. The Bank recognized ESOP expense of $140,000 for each of the years ended December 31, 2014 and 2013, and had unallocated shares to participants in the plan totaling 25,000 shares and 40,000 shares as of December 31, 2014 and 2013, respectively.  The fair value of the unallocated shares at December 31, 2014 was approximately $114,000.